America’s Great Depression by Murray N. Rothbard audiobook

America’s Great Depression

By Murray N. Rothbard
Read by Tom Weiner

Blackstone Publishing
10.08 Hours 1
Format : Digital Download (In Stock)
  • Regular Price: $19.95

    Special Price $11.97

    or 1 Credit

    ISBN: 9781455192892

  • Regular Price: $6.95

    Special Price $4.87

    ISBN: 9781482120264

  • Regular Price: $29.95

    Special Price $14.98

    ISBN: 9781433219368

    In Stock ● Ships in 1-2 days

  • Regular Price: $29.95

    Special Price $14.98

    ISBN: 9781433219375

    In Stock ● Ships in 1-2 days

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. 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. 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 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.  Since the book’s first edition, it has been the definitive treatment of the causes of the depression. It remains canonical today because the debate is still very alive.

Learn More
Membership Details
  • Only $12.99/month gets you 1 Credit/month
  • Cancel anytime
  • Hate a book? Then we do too, and we'll exchange it.
See how it works in 15 seconds

Summary

Summary

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.

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. 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 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. 

Since the book’s first edition, it has been the definitive treatment of the causes of the depression. It remains canonical today because the debate is still very alive.

Editorial Reviews

Editorial Reviews

“The Wall Street collapse...and the Great Depression which followed it were among the most important events of the twentieth century…[Rothbard’s explanation] turned the conventional one on its head…His book is an intellectual tour de forceIt has stood the test of time with success, even panache.” Paul Johnson, New York Times bestselling author
“In today’s shaky economic times, this authoritative tome—first published in 1964—has discovered newfound credibility and, in this version, narrator Tom Weiner’s voice is a key element to the book’s magisterial air…Weiner’s voice is almost musical in its bouncing rhythms and resonating clarity. His sterling tone suits the dry prose and complex theories of the book.” AudioFile

Reviews

Reviews

Author

Author Bio: Murray N. Rothbard

Author Bio: Murray N. Rothbard

Murray N. Rothbard (1926–1995), the author of twenty-five books and thousands of articles, was a historian, philosopher, and dean of the Austrian School of Economics. He was the S. J. Hall distinguished professor of economics at the University of Nevada, Las Vegas, and also academic vice president of the Ludwig von Mises Institute in Auburn, Alabama.

Titles by Author

Details

Details

Available Formats : Digital Download, Digital Rental, CD, MP3 CD
Category: Nonfiction/Business & Economics
Runtime: 10.08
Audience: Adult
Language: English