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America's Great Depression

Autor*innen

Murray Rothbard

Buchbewertung

3,9(12)Abgeben

Parameter

372 Seiten
14 Lesestunden

Mehr zum Buch

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.