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America's Great Depression

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America's Great Depression

By: Murray N. Rothbard
Narrated by: Tom Weiner
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About this listen

 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 Great Depression was not a crisis for capitalism but merely an example of the downturn part of the business cycle, which was generated by government intervention in the economy. Had this book appeared in the 1940s, it might have spared the world much grief. Even so, its appearance in 1963 meant that free-market advocates had their first full-scale treatment of this crucial subject. The damage to the intellectual world inflicted by Keynesian- and socialist-style treatments would be limited from that day forward.

©1978 Murray N. Rothbard (P)2008 Blackstone Audio, Inc. Economic History United States US Economy

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Fantastic.

Clearly explains the real causes of the Great Depression and how government intervention acted to prolong it. Provides economic theory that cuts through the anti-laissez faire mythology of Keynesians and Monetarists to provide a well reasoned and accurate history of this period.

Highly recommend to anyone critical of the modern banking system and government intervention. Recommend even more to people who aren't!

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