Name: America's Great Depression (Large Print Edition) (en Inglés)
Price: 93525.00 COP
Availability: InStock
Author: Johnson, Paul ; Rothbard, Murray N.
ISBN: 9781478344117

portada America's Great Depression (Large Print Edition) (en Inglés)

Formato

Libro Físico

Autor

Murray N. Rothbard

Editorial

Createspace Independent Publishing Platform

Idioma

Inglés

N° páginas

408

Encuadernación

Tapa Blanda

Dimensiones

28.0 x 21.6 x 2.1 cm

Peso

0.94 kg.

ISBN13

9781478344117

Categorías

Estados unidos de américa
Siglo xx - c. 1900-c. 1999
Historia de américa

America's Great Depression (Large Print Edition) (en Inglés)

Murray N. Rothbard (Autor) · Createspace Independent Publishing Platform · Tapa Blanda

Libro Físico

$ 93.525

$ 148.453

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Reseña del libro "America's Great Depression (Large Print Edition) (en Inglés)"

LARGE PRINT EDITION! More at LargePrintLiberty.com. 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 Mises Institute edition features, along with a new introduction by historian Paul Johnson, top-quality paper and bindings, in line with the standard set by The Scholars Edition of Human Action.Since it first appeared in 1963, it has been the definitive treatment of the causes of the depression. The book remains canonical today because the debate is still very alive.Rothbard 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 not 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 not 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 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.