America's Great Depression by Murray N. Rothbard
The Economic Causes and Consequences of the Stock Market Crash of 1929
This insightful analysis delves into the economic and political factors that contributed to the Great Depression, challenging conventional narratives by emphasizing the role of government intervention and monetary policy in exacerbating the crisis. Through a meticulous examination of historical data and economic theory, the book argues that the Federal Reserve's inflationary policies and subsequent contraction led to the economic downturn, while government attempts to stabilize the economy only prolonged the recovery. The work serves as a critique of Keynesian economics, advocating instead for a free-market approach to prevent similar economic catastrophes in the future.
- Published
- 1963
- Nationality
- American
- Length
- Moderate
- Pages
- 361
- Original Language
- English
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- Alternate Titles
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