Why the Current Unemployment Is Worse Than the Great Depression

Tags: Interventionism, Capitalism, Labor and Wages

04/27/2020 Robert P. Murphy

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 “

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