The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more inflation progresses, the higher rises the national income.


The Ultimate Foundation of Economic Science: An Essay on Method (ed. 1962)

Ludwig von Mises Quotes

The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more ...

The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more ...

The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more ...

The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more ...