America's Great Depression (Lfb)

America's Great Depression (LFB) pdf epub

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File Size: 2166 KB
Print Length: 376 pages
Simultaneous Device Usage: Unlimited
Publisher: Laissez Faire Books (September 5, 2013)
Publication Date: September 5, 2013
Language: English
ASIN: B00F0XC9EW
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Word Wise: Enabled
Lending: Not Enabled
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Format: PDF Text TXT ebook

Economist Murray Rothbard opens America's Great Depression with a theoretical treatment of business-cycle theory, showing how an expansive monetary policy generates imbalances between investment and consumption. He proceeds to examine the Fed's policies of the 1920s, demonstrating that it was quite inflationary even if the effects did not show up in the prices of goods and services. He showed that...

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Putting aside Rothbard's philosophy, America's Great Depression is a useful exposition of Rothbard's economic ideology and the Austrian School of Economics he was associated with. Rothbard opens the ...

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