Delayed Quote by Murray Rothbard
“The more these readjustments are delayed ... the longer the depression will have to last, and the longer complete recovery is postponed.”
About This Quote
Source Economic Essay: "The Depression Delay", 1970
Postponing adjustments lengthens depression and recovery.
In simple terms: Delays worsen economic woes.
Act promptly on policy fixes.
Themes
Mood
Type
When to use this quote
- government stimulus
- market reforms
- financial planning
Key Concepts
Questions to Reflect On
- What adjustments are being delayed now?
- How to accelerate recovery measures?
Political resistance can stall needed changes.