America's Great Depression
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America's Great Depression is a 1963 treatise on the 1930s
Austrian School economist Murray Rothbard
.
The book blames government policy failures for the Great Depression, and challenges the widely-held view that capitalism is unstable.[1]
Summary
Rothbard argues that it was the
boom-bust" phases of the modern market. 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.[third-party source needed
]
Publishing history
- 1st Edition: Princeton, N.J.: D. Van Nostrand, 1963. Hardcover. 361 pages.
- 2nd Edition: Menlo Park, California: ISBN 0-8402-5003-7.
- 3rd Edition: New York: New York University Press. Co-sponsored by ISBN 0-8362-0634-7.
- 4th Edition: New York: Richardson & Snyder/E.P. Dutton. 1983. Hardcover. 361 pages. ISBN 0-943940-03-6.
- 5th Edition: Auburn, Ala.: ISBN 0-945466-05-6. (With an introduction by Paul Johnson)
References
- ISBN 9781506332611.
- ^ Rothbard, Murray. "Herbert Hoover's Depression". LewRockwell.com. LewRockwell.com. Retrieved 11 January 2024.