Mises Daily
Author:
Murray N. Rothbard
Online Publish Date:
[This important essay was published in the Libertarian Forum (1969–1984), the entire archives of which are now online at the Mises Institute. It appeared in the January 1971 issue , before Nixon’s price and wage controls and many other interventions over the course of his presidency. Rothbard predicted the future state of the Nixonian economy in