There is one good thing about Marx: he was not a Keynesian.

Meaning of the quote

This quote is saying that the economist Karl Marx had one good quality - he did not agree with the economic ideas of John Maynard Keynes. Keynes was another famous economist, but Rothbard believed Marx's views were better than Keynes's. The quote is suggesting that while Marx had many controversial ideas, at least he didn't support the economic theories that Keynes promoted.

About Murray Rothbard

Murray Rothbard was an influential American economist, political theorist, and activist who played a central role in the 20th-century libertarian movement. He was a prolific writer, advocating for free-market economics, opposing government intervention, and promoting anarcho-capitalism.

More about the author