America's Great Depression

Murray N Rothbard,Murray Rothbard

America's Great Depression
Format
Paperback
Publisher
Must Have Books
Country
Published
19 February 2021
Pages
372
ISBN
9781774641446

America’s Great Depression

Murray N Rothbard,Murray Rothbard

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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