America's Great Depression

America's Great Depression is a 1963 treatise by Austrian School economist Murray Rothbard on the causes of the 1930s Great Depression. Drawing from the Austrian theory of the business cycle, Rothbard argues that Federal Reserve inflationary policy in the 1920s and Herbert Hoover's interventionist response to the crash, rather than laissez-faire capitalism or private speculation, created and prolonged the depression.

Source: Wikipedia — America's Great Depression (CC BY-SA 4.0)

America's Great Depression

America's Great Depression is a 1963 treatise by Austrian School economist Murray Rothbard on the causes of the 1930s Great Depression. Drawing from the Austrian theory of the business cycle, Rothbard argues that Federal Reserve inflationary policy in the 1920s and Herbert Hoover's interventionist response to the crash, rather than laissez-faire capitalism or private speculation, created and prolonged the depression.

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Source: Wikipedia "America's Great Depression" · CC BY-SA 4.0

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