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Why the Current Unemployment Is Worse Than the Great Depression

Summary:
Government restrictions on production are driving prices up as unemployment drives them down. It’s impossible to say now whether price inflation or price deflation will be the predominant factor in the crisis’s next phase. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Why the Current Unemployment Is Worse Than the Great Depression “ You Might Also Like What Is Entrepreneurship? We shall concentrate on the capitalist-entrepreneurs, economically the more important type of entrepreneur. These are the men who invest in "capital" (land and/or capital goods) used in the productive process…. Danish State Plans to Pay

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Why the Current Unemployment Is Worse Than the Great DepressionGovernment restrictions on production are driving prices up as unemployment drives them down. It’s impossible to say now whether price inflation or price deflation will be the predominant factor in the crisis’s next phase.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Original Article: “Why the Current Unemployment Is Worse Than the Great Depression


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