Best-selling in Non-Fiction Books
Save on Non-Fiction Books
- AU $50.71Trending at AU $61.55
- AU $72.89Trending at AU $75.73
- AU $32.59Trending at AU $36.88
- AU $30.35Trending at AU $40.12
- AU $30.37Trending at AU $31.39
- AU $28.02Trending at AU $30.05
- AU $14.47Trending at AU $16.66
About this product
- DescriptionRothbard opens with a theoretical treatment of business cycle theory, showing how an expansive monetary policy generates imbalances between investment and consumption. He proceeds to examine the Fed's policies of the 1920s, demonstrating that it was quite inflationary even if the effects did t show up in the price of goods and services. He showed that the stock market correction was merely one symptom of the investment boom that led inevitably to a bust. The Great Depression was t a crisis for capitalism but merely an example of the downturn part of the business cycle, which in turn was generated by government intervention in the ecomy. 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. About the Author Murray N. Rothbard, the author of 25 books and thousands of articles, was a historian, philosopher, and dean of the Austrian School of ecomics. The S.J. Hall Distinguished Professor of Ecomics at the University of Nevada, Las Vegas, he was also Academic Vice President of the Ludwig von Mises Institute in Auburn, Ala.
- Author(s)Murray N Rothbard
- Date of Publication03/04/2009
- SubjectEconomics: Professional & General
- Country of PublicationUnited States
- Content Noteblack & white illustrations
- Weight721 g
- Width152 mm
- Height229 mm
- Spine25 mm
- Format DetailsSewn,Cloth over boards
This item doesn't belong on this page.
Thanks, we'll look into this.