Those pushing Medicare for All rely on the presumption that it will generate huge administrative efficiencies. But they greatly underestimate the program's real administrative cost.
11/30/2018The Journal of Libertarian StudiesRalph Raico
No one could have admired and respected Ludwig von Mises more than did Murray Rothbard, who dedicated his magnum opus in economic theory, Man, Economy, and State , to his great mentor. Yet Rothbard did not shy away from criticizing Mises when he believed such criticism to be called for.
In this 56-minute talk, Jeffrey Herbener dissects and dismantles two central myths behind Keynesian doctrine: the Phillips Curve, a the Keynesian Multiplier.
