Henry Hazlitt’s second law is the observation that everything in Keynes’s General Theory is either unoriginal or untrue. Keynes’s theory of unemployment equilibrium is the most original aspect of his work. 

Original Article: “Why Keynes Was Wrong about Unemployment”

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.


Source link

Why Keynes Was Wrong about Unemployment