A Quote by Ludwig von Mises

Unemployment doles can have no other effect than the perpetuation of unemployment.

Ludwig von Mises

Quote Topics

Effect Other Than Unemployment

Quote Author

Ludwig von Mises
Austrian - Economist
September 29, 1881 - October 10, 1973

Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side effect of raising the natural rate of unemployment.

Paul Krugman

Policy makers should be compelled to take action given the serious costs of long-term unemployment when overall unemployment is already high. A week of unemployment is worse when it is experienced as part of a longer spell.

Janet Yellen

The economy is better than the one President [Barack] Obama inherited, and unemployment is lower, but the unemployment rate gap remains large.

Julianne Malveaux

All of the progress that the US has made over the last couple of centuries has come from unemployment. It has come from figuring out how to produce more goods with fewer workers, thereby releasing labor to be more productive in other areas. It has never come about through permanent unemployment, but temporary unemployment, in the process of shifting people from one area to another.

Milton Friedman

Unemployment insurance was meant to be a bridge for temporary spells of unemployment. The bad news is all the evidence is that the longer you have unemployment insurance, the longer people stay out of work, their skills erode. The job they ultimately get pays less. And that's not to their benefit.

Harry Reid

In macroeconomic theory, there is this argument that what the Fed does has no effect on unemployment, no effect on investment, no effect on the rate of GDP growth.

Paul Romer

The 'black rule' is that youth unemployment is, on average, double a country's unemployment rate.

Alain Dehaze

I am not alone in that I've had times of unemployment - unemployment is huge amongst disabled people.

Rosie Jones

It is well known that unemployment benefits raise unemployment durations.

Raj Chetty

Because standard unemployment reports continue to exclude prisoners, we have been treated to a highly misleading picture of black unemployment.

Michelle Alexander

I did go through a period where I was on unemployment. That was my low point: Martha Quinn on line at unemployment, hoping nobody will recognize her.

Martha Quinn

Well, our economy is very strong and growing. We have created 5.4 million new jobs in the last 3 years. Our unemployment rate is better than the average unemployment rate of the 1960s, 1970s, 1980s, and 1990s.

Ric Keller

I've heard the argument that unemployment benefits somehow act as a disincentive to the long-term unemployed when it comes to looking for work, but the opposite is true. Unemployment Insurance serves as a powerful incentive for people to keep searching for jobs, rather than drop out of the labor force altogether.

Tom Perez

Such a thing as ending unemployment would never occur to Washington politicians because their corporate backers depend on the threat of unemployment to keep wages down.

Jill Stein

It is difficult to understand precisely what the state hopes to achieve by promoting the creation and perpetuation of a subclass of illiterates within our boundaries, surely adding to the problems and costs of unemployment, welfare and crime.

William J. Brennan

Trade is not the cause for unemployment. In fact, the biggest drivers for unemployment are innovation and increased productivity. It has nothing to do with trade.

Roberto Azevedo

A Quote by Ludwig von Mises

Quote Topics

Quote Author

Related Quotes

Related Authors