America's Great Depression

eAudio - unabridged
Audio (10.07 hours)
Product Number: Z100094241
Released: Jun 16, 2015
Business Term: Purchase
ISBN: #9781481584395
Narrator/s: Tom Weiner
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Description

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. The Great Depression was not a crisis for capitalism but merely an example of the downturn part of the business cycle, which was generated by government intervention in the economy. Had the 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.

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Author(s): Murray N. Rothbard
Original Publish Date: May 15, 2008

Professional reviews

"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. The argument is that before the government intervention of the thirties all market shake-ups were short-lived. It was only after the government started printing more money without the gold to back it that things went awry. Called "the Austrian theory," Rothbard's economic vision--which many economists have since echoed--is that the best way for the government to manage a financial catastrophe is to employ a laissez-faire approach. 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. J.S.H. (c) AudioFile 2008, Portland, Maine"

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