America's Great Depression

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America's Great Depression

America's Great Depression

Murray N. Rothbard

372

Pagini

2021

An

Paperback

Copertă

Adaugă în bibliotecă
Editura MUST HAVE BOOKS
Copertă Paperback
Pagini 372
An publicare 2021
ISBN 9781774641446

Descriere

First published in 1963, 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 manipulati...

First published in 1963, 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 of the money supply sets the stage for the familiar "boom-bust" phases of the modern market which we know all too well. He then details the inflationary policies of the Federal Reserve from 1921 to 1929 as evidence that the depression was essentially caused not by speculation, but by government and central bank interference in the market. Clearly we find history tragically repeating itself today. A must-read.

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