America\'s Great Depression - M Rothbard - Audiobook torrent

AMERICA\'S GREAT DEPRESSION




Part I: BUSINESS CYCLE THEORY


Chapter 1 THE POSITIVE THEORY OF THE CYCLE

Chapter 2 KEYNESIAN CRITICISMS OF THE THEORY

Chapter 3 SOME ALTERNATIVE EXPLANATIONS OF DEPRESSION: A CRITIQUE




Part II: THE INFLATIONARY BOOM: 1921–1929

Chapter 4 THE INFLATIONARY FACTORS

Chapter 5 THE DEVELOPMENT OF THE INFLATION

Chapter 6 THEORY AND INFLATION: ECONOMISTS and THE LURE OF A STABLE PRICE LEVEL




Part III: THE GREAT DEPRESSION: 1929-1933

Chapter 7 PRELUDE TO DEPRESSION: MR. HOOVER AND Laissez-Faire

Chapter 8 THE DEPRESSION BEGINS: PRESIDENT HOOVER TAKES COMMAND

Chapter 9 1930

Chapter 10 1931 \"The Tragic Year\"

Chapter 11 THE HOOVER NEW DEAL OF 1932

Chapter 12 THE CLOSE OF THE HOOVER TERM




APPENDIX




With a new introduction by historian Paul Johnson.


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.