The proper governmental policy in a depression is strict laissez-faire, including stringent budget slashing, and coupled perhaps with positive encouragement for credit contraction.
Murray Rothbard
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This page presents the quote "The proper governmental policy in a depression is strict laissez-faire, including stringent budget slashing, and coupled perhaps with positive encouragement for credit contraction.". Author of this quote is Murray Rothbard. This quote is about depression, encouragement,.