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Focusing on the Great Depression, Rothbard argues that government intervention exacerbated the crisis, prolonging its effects. He illustrates how manipulation of the money supply leads to cyclical "boom-bust" phenomena in the market. By examining the Federal Reserve's inflationary policies from 1921 to 1929, he contends that the depression was primarily a result of government and central bank interference rather than speculation. The analysis draws parallels to contemporary economic issues, making it a compelling read for those interested in economic history and policy.
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America's Great Depression, Murray Rothbard
- Language
- Released
- 2021
- product-detail.submit-box.info.binding
- (Paperback)
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- Language
- English
- Authors
- Murray Rothbard
- Publisher
- Must Have Books
- Released
- 2021
- Format
- Paperback
- Pages
- 372
- ISBN13
- 9781774641446
- Series
- Tags
- Non-Fiction, Social Sciences, Historical Themes, History, Business, Business & Management, Political Science & Politics, Philosophical Topics, Philosophy, Politics, Economics, Finance, American History
- Rating
- 3.9 out of 5
- Description
- Focusing on the Great Depression, Rothbard argues that government intervention exacerbated the crisis, prolonging its effects. He illustrates how manipulation of the money supply leads to cyclical "boom-bust" phenomena in the market. By examining the Federal Reserve's inflationary policies from 1921 to 1929, he contends that the depression was primarily a result of government and central bank interference rather than speculation. The analysis draws parallels to contemporary economic issues, making it a compelling read for those interested in economic history and policy.