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The answer lies in audacious economic reforms that favor markets and entrepreneurs: liquidate bad investments, let deflation happen, cut government spending, cut taxes, let wages fall.
Original Article: "Rothbard Explains How to Recover from an Economic Crisis"
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Antony P. Mueller
Dr. Antony P. Mueller is a German professor of economics who currently teaches in Brazil. Write an email. See his website and blog.