27. “The National Income Approach”
From The Failure of the “New Economics”. Narrated by Josiah Schmidt.
From The Failure of the “New Economics”. Narrated by Josiah Schmidt.
Rothbard considers how prices are determined by supply and demand on the free market. All long shortages are caused by government interventions. Forecasting is not possible. Economics is not an objective science.
From The Failure of the “New Economics”. Narrated by Josiah Schmidt.
From The Failure of the “New Economics”. Narrated by Josiah Schmidt.