America s Great Depression

The book remains canonical today because the debate is still very alive. Rothbard opens with a theoretical treatment of business cycle theory, showing how an expansive monetary policy generates imbalances between investment and consumption.

Author: Murray Newton Rothbard

Publisher: Ludwig von Mises Institute

ISBN: 9780945466055

Category: Business cycles

Page: 368

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Applied Austrian economics doesnt get better than this. Murray N. Rothbards Americas Great Depression is a staple of modern economic literature and crucial for understanding a pivotal event in American and world history. The Mises Institute edition features, along with a new introduction by historian Paul Johnson, top-quality paper and bindings, in line with the standard set by The Scholars Edition of Human Action. Since it first appeared in 1963, it has been the definitive treatment of the causes of the depression. The book remains canonical today because the debate is still very alive. Rothbard opens 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 Feds policies of the 1920s, demonstrating that it was quite inflationary even if the effects did not show up in the price of goods and services. He showed that the stock market correction was merely one symptom of the investment boom that led inevitably to a bust. The Great Depression was not a crisis for capitalism but merely an example of the downturn part of the business cycle, which in turn was generated by government intervention in the economy. Had the 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.

America s Great Depression

Explains the Misesian business cycle theory and examines factors that caused and prolonged the 1929 depression

Author: Murray Newton Rothbard

Publisher: Andrews McMeel Pub

ISBN: STANFORD:36105039978726

Category: Business & Economics

Page: 406

View: 493

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Explains the Misesian business cycle theory and examines factors that caused and prolonged the 1929 depression

America s Great Depression

First published in 1963, America's Great Depression is the classic treatise on the 1930s Great Depression and its root causes.

Author: Murray N Rothbard

Publisher:

ISBN: 1774641445

Category:

Page: 372

View: 478

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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.

The American People in the Great Depression

Marshalling unforgettable narratives that feature prominent leaders as well as lesser-known citizens, The American People in the Great Depression tells the story of a resilient nation finding courage in an unrelenting storm.

Author: David M. Kennedy

Publisher: Oxford University Press

ISBN: 9780199840069

Category: History

Page: 504

View: 846

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On October 24, 1929, America met the greatest economic devastation it had ever known. In this first installment of his Pulitzer Prize-winning Freedom from Fear, Kennedy tells how America endured, and eventually prevailed, in the face of that unprecedented calamity. Kennedy vividly demonstrates that the economic crisis of the 1930s was more than a reaction to the excesses of the 1920s. For more than a century before the Crash, America's unbridled industrial revolution had gyrated through repeated boom and bust cycles, consuming capital and inflicting misery on city and countryside alike. Nor was the alleged prosperity of the 1920s as uniformly shared as legend portrays. Countless Americans eked out threadbare lives on the margins of national life. Roosevelt's New Deal wrenched opportunity from the trauma of the 1930s and created a lasting legacy of economic and social reform, but it was afflicted with shortcomings and contradictions as well. With an even hand Kennedy details the New Deal's problems and defeats, as well as its achievements. He also sheds fresh light on its incandescent but enigmatic author, Franklin D. Roosevelt. Marshalling unforgettable narratives that feature prominent leaders as well as lesser-known citizens, The American People in the Great Depression tells the story of a resilient nation finding courage in an unrelenting storm.

America s Great Depression

Murray Newton Rothbard ...~ ~ – ) ---___--– ~--~~~~ -..., .... --~~~~. — — —) ---__ ~~~~--~~~~ --____ | AMERICA'S GREAT DEPRESSION AMERICA's GREAT DEPRESSION by Murray N. Rothbard.

Author: Murray Newton Rothbard

Publisher: Princeton (N.J.) : Van Nostrand

ISBN: IND:30000053368480

Category: Business cycles

Page: 398

View: 147

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Since it first appeared in 1963, it has been the definitive treatment of the causes of the depression. The book remains canonical today because the debate is still very alive. Rothbard opens 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 price of goods and services. He showed that the stock market correction was merely one symptom of the investment boom that led inevitably to a bust.

The Politically Incorrect Guide to the Great Depression and the New Deal

Provides irrefutable evidence that not only did government interference with the market cause the Great Depression (and our current economic collapse), but Herbert Hoover's and Franklin Delano Roosevelt's big government policies afterwards ...

Author: Robert Murphy

Publisher: Regnery Publishing

ISBN: 9781596980969

Category: History

Page: 210

View: 414

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Provides irrefutable evidence that not only did government interference with the market cause the Great Depression (and our current economic collapse), but Herbert Hoover's and Franklin Delano Roosevelt's big government policies afterwards made it much longer and much worse.--From publisher description.

The Great Depression

This 1988 book focusses on why the American economy failed to recover from the downturn of 1929-33.

Author: Michael A. Bernstein

Publisher: Cambridge University Press

ISBN: 0521379857

Category: Business & Economics

Page: 292

View: 242

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This 1988 book focusses on why the American economy failed to recover from the downturn of 1929-33.

America s Great Depression

Addressing the Associated General Contractors of America (a group that stood to gain by a government building program), Coolidge called for public works planning to stabilize depressions. Senators George H. Pepper and James Couzens ...

Author: Murray Newton Rothbard

Publisher: Ludwig von Mises Institute

ISBN: 9781610164801

Category: Business cycles

Page: 361

View: 191

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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 book remains canonical today because the debate is still very alive. This book applies Austrian business cycle theory to understanding the onset of the 1929 Great Depression. Rothbard first summarizes the Austrian theory and offers a criticism of competing theories, including the views of Keynes. Rothbard then considers Federal Reserve policy in the 1920s, showing its inflationary character. The influence of Benjamin Strong, the Governor of the New York Federal Reserve Bank, was especially important. In part, his expansionary policy was motivated by his desire to help Britain sustain the pound. Strong was close friends with Montagu Norman, the Governor of the Bank of England. After the 1929 crash, Herbert Hoover followed an interventionist policy that prefigured the New Deal. He favored keeping wage rates high and thus contributed to rising unemployment. Against the popular stereotype, Rothbard shows that Hoover was not a partisan of laissez-faire.

The Great Depression for Kids

Beginning with a full chapter on the 1920s, the book provides important background knowledge to help set the stage for an in-depth look at the decline of the economy and attempts at recovery over the next decade.

Author: Cheryl Mullenbach

Publisher: Chicago Review Press

ISBN: 9781613730546

Category: Juvenile Nonfiction

Page: 144

View: 258

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American history before and after the Wall Street Crash of 1929 Providing a balanced, realistic picture of a time rife with hardships, The Great Depression for Kids brings the era and key concepts to life. Kids learn about the harsh realities that most Americans could not escape, such as massive unemployment, natural disasters, and economic collapse. They also learn that the 1930s were a time when neighbors helped neighbors; sports figures behaved admirably; and an army of young men rebuilt the nation's forests, roads, and parks. Librarians delivered books on horseback, a curly-haired child star charmed moviegoers to "stand up and cheer" in the darkest of days, and a little African American girl became the first of her race to participate in the National Spelling Bee. Beginning with an in-depth look at the 1920s, the book builds readers' background knowledge to help set the stage for the decline of the economy over the next decade. Twenty-one crosscurricular activities help kids learn how to research, buy, and sell stocks; use scientific methods to conduct a survey, re-create Depression glassware; and much more.

The Great Depression in America

Everything from Amos 'n' Andy to zeppelins is included in this two-volume encyclopedia of popular culture during the Great Depression era.

Author: William H. Young

Publisher: Greenwood Publishing Group

ISBN: 0313335222

Category: Depressions

Page: 724

View: 962

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Everything from Amos 'n' Andy to zeppelins is included in this two-volume encyclopedia of popular culture during the Great Depression era. Two hundred entries explore the entertainments, amusements, and people of the United States during the difficult years of the 1930s.