America's great depression / by Murray N. Rothbard.

By: Material type: TextTextPublication details: [United States : CreateSpace, c2011].Description: 194 p. ; 23 cmISBN:
  • 9781467934817
  • 146793481X
Subject(s): DDC classification:
  • 973.916 Rot
LOC classification:
  • HC106.3 .R68 2011
Summary: Author Rothbard demonstrates how an expansive monetary policy generates imbalances between investment and consumption. He explains how government manipulation of the money supply sets the stage for the familiar "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.
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Item type Current library Call number Copy number Status Date due Barcode
Books Books Odessa College Stacks 973.916 R845A (Browse shelf(Opens below)) 1 Available 51994001704206

Includes bibliographical references.

Originally published in 1963.

Author Rothbard demonstrates how an expansive monetary policy generates imbalances between investment and consumption. He explains how government manipulation of the money supply sets the stage for the familiar "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.

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