Murray Rothbard on Keynes’s General Theory and Economic Theory

„The General Theory was not truly revolutionary at all but merely old and oft-refuted mercantilist and inflationist fallacies dressed up in shiny new garb, replete with newly constructed and largely incomprehensible jargon.“

Murray RothbardMurray Rothbard criticizes Keynes’s General Theory, questioning its economic foundations and its highly complex technical language.
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Murray Rothbard was an American economist, historian, and political philosopher known for his contributions to libertarian theory and anarcho-capitalism.

Murray Rothbard criticizes the theoretical language and foundations of Keynes’s General Theory from a distinctly Austrian economic perspective.


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Murray Rothbard quote about Keynes's General Theory and economic theory

Murray Newton Rothbard (1926–1995) was an American economist, historian, and political philosopher considered one of the leading figures in anarcho-capitalism and the libertarian movement. He was a prominent critic of government intervention in economy and society and authored numerous influential works on free market economics, monetary theory, and political philosophy.

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