Murray Rothbard on Economic Recessions
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Uploaded by LibertarianismDotOrg on Oct 31, 2011
In this clip from a longer talk titled "Mises, Keynes, Friedman, Laffer: The Austrian Perspective," Murray Rothbard compares the last recession before the New Deal with those occurring later. He argues that the government's inaction during pre-New Deal recessions hastened their recovery. Rothbard spoke at the 1983 Libertarian Party Presidential Nominating Convention.
Learn more about Murray Rothbard at http://www.Libertarianism.org
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@pipem4n Unless I'm mishearing him or being delusional, Rothbard says at 1:01 that the 1920-21 recession "was over in 9 months." But that recession lasted well over a year, from early 1920 to mid-1921.
Don't misunderstand me. I admire Rothbard very much. I'm just wondering where he got his number from and how he arrived at it. Maybe he means 9 months counting from the date when the Harding government cut the budget, I don't know.
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strawman - he says over, very sevear recession.
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Why does Rothbard say the Harding recession lasted only 9 months? It lasted from January 1920 to July 1921.
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Thanks for uploading this. I've never heard Rothbard speak before.
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Where's the whole thing?
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holy shit ive never seen this one before
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Murray Rothbard: THA BAUS!!!
Leofus1986 3 months ago 10
Murray Rothbard, played by Gene Hackman.
raystinsky 3 months ago 6