
This rare study by C.A. Phillips, together with T.F. McManus and R.W. Nelson, appeared in 1937 as an Austrian-style analysis of the stock market crash and the great depression that followed.It explores the many theories tossed about at the time, and concludes that the theory...

Banking and the Business Cycle: A Study of the Great Depression in the United States is a book by Chester Arthur Phillips. The book is a comprehensive study of the Great Depression in the United States and the role of banking in its occurrence. The author examines the historical...


