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Rothbard opens with a theoretical treatment of business cycle theory, showing how an expansive monetary policy generates imbalances between investment and consumption. He proceeds to examine the Fed's policies of the 1920s, demonstrating that it was quite inflationary even if... Read Full Overview

2019 Reprint of 1963 Edition. Full facsimile of the original edition, not reproduced with Optical Recognition software. This book is an analysis of the causes of the Great Depression of 1929. The author concludes that the Depression was caused not by laissez-faire capitalism,... Read Full Overview

Applied Austrian economics doesn't get better than this. Murray N. Rothbard's America's Great Depression is a staple of modern economic literature and crucial for understanding a pivotal event in American and world history.

Rothbard opens with a theoretical treatment... Read Full Overview

Applied Austrian economics doesn't get better than this. Murray N. Rothbard's America's Great Depression is a staple of modern economic literature and crucial for understanding a pivotal event in American and world history.

Rothbard opens with a theoretical treatment... Read Full Overview

"America's Great Depression" is the classic treatise on the 1930s Great Depression and its root causes. Author Rothbard blames government interventionist policies for magnifying the duration, breadth, and intensity of the Great Depression. He explains how government manipulation... Read Full Overview

America's Great Depression is the classic treatise on the 1930s Great Depression and its root causes. Author Rothbard blames government interventionist policies for magnifying the duration, breadth, and intensity of the Great Depression. He explains how government manipulation... Read Full Overview

Applied Austrian economics doesn't get better than this. Murray N. Rothbard's America's Great Depression is a staple of modern economic literature and crucial for understanding a pivotal event in American and world history.

The Mises Institute edition features,... Read Full Overview