Government Quote by Murray Rothbard
“The Keynesian prescription for unemployment rests on the persistence of a 'money illusion' among workers, i.e., on the belief that while, through unions and government, they will keep money wage rates from falling, they will also accept a fall in real wage rates via higher prices.”
![“In some ways the most striking novelty in Keynesian doctrine was that (abstracting from effects on foreign trade) an all-round reduction in wages would not reduce unemployment and (introducing Kalecki’s elaboration) would actually be likely to increase it. [p. 129]” quote by Joan Robinson](https://sms4smile.com/quotes/img-quotes/e9b/joan-robinson-11438_keynes_in-some-ways-the-most-striking-novelty-i_628471.jpg)
![“If ordinary citizens knew or ever really [understood] how our political leaders have allowed unemployment to be used as a tool for fine-tuning the inflation rate, they would throw the rascals out and demand a thorough purging of the ranks of government economists.” quote by William Vickery, Canadian Nobel laureate, The Cult of Impotence, by Linda McQuaig](https://sms4smile.com/quotes/img-quotes/15b/william-vickery-canadian-nobel_leadership_if-ordinary-citizens-knew-or-ever-really_1106167.jpg)
