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Notable Quote

"The General Theory was not truly revolutionary at all but merely old and oft-refuted mercantilist and inflationist fallacies dressed up in shiny new garb, replete with newly constructed and largely incomprehensible jargon."

— Rothbard, Murray event 2010

From Keynes, the Man

Context: From Keynes, the Man (2010). Rothbard's assessment of Keynes's landmark 1936 work The General Theory of Employment, Interest and Money, arguing its supposed novelty was rhetorical rather than substantive.

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