This staple of modern economic literature explains how the American Great Depression was not a crisis for capitalism but merely a downturn in the business cycle, generated by government intervention in the economy. Rothbard, an economist of the Austrian School of Economics, writes clearly and eloquently on the topic. Rothbard holds the interventionist policies of the Hoover administration responsible for magnifying the duration, breadth, and intensity of the Great Depression. Rothbard explains how government manipulation of the money supply sets the stage for the familiar "boom-bust" phases of the modern market. He then details the inflationary policies of the Federal Reserve from 1921 to 1929 as evidence that the depression was essentially caused not by speculation, but by government and central bank interference in the market.
Reviews with the most likes.
This is a whole lot of words to say “I see workers as chattel”
There is so much union-bashing, libertarian assertion going on here I only made it half way through. I have better things to do with my life than here someone be hatefully wrong headed about their fellow human beings.
I don't give it 1 stars because he's not disingenuous with his hatred, he comes right out and tells you who he is.
