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Economic Depressions: Their Cause and Cure

Economic Depressions: Their Cause and Cure

TAGS Booms and BustsBusiness CyclesInterventionism Economic Depressions: Their Cause and Cure JUNE 27, 2012Murray N. Rothbard Murray Rothbard was the master of reducing complicated theories to their very essence while retaining theoretical rigor, and this essay is a case in point. It was originally written in 1969 and published in the form of a tiny book that achieved a huge circulation. Its continued relevance speaks to an aspect of the Austrian theory that other theories can't boast. It is a real theory that applies across time and place, and its persuasive power is not contingent on the particulars of any individual boom bust cycle. Narrated by Harold Fritsche. Music by Kevin McLeod. Download audio file READ MORE

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November 9, 2015

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Show Notes

<div class="group-left col-xs-4 col-xs-4 col-xs-4" style="box-sizing: border-box; clear: left; color: #494e54; float: left; font-family: myriad-pro, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; min-height: 1px; padding-left: 10px; padding-right: 10px; position: relative; width: 237.765625px;"> <div class="image img-responsive border-secondary" style="border-top-color: rgb(56, 112, 158); border-top-style: solid; border-top-width: 8px; box-sizing: border-box; height: auto; margin-top: 5px; max-width: 100%;"> <img alt="Economic Depressions by Murray N. Rothbard" height="165" src="https://mises.org/sites/default/files/styles/list_teaser/public/static-page/img/Economic%20Depressions_Rothbard_20140918.jpg?itok=MaLpeBUT" style="border: 0px; box-sizing: border-box; display: block; height: auto; max-width: 100%; vertical-align: middle; width: 217.765625px;" title="Economic Depressions by Murray N. Rothbard" typeof="foaf:Image" width="240" /></div> <div class="tags" style="box-sizing: border-box; color: #788086; font-size: 11px; padding-top: 5px;"> <span class="tag-label bold" style="box-sizing: border-box; font-weight: 600; padding-right: 5px; text-transform: uppercase;">TAGS</span>&nbsp;<span style="box-sizing: border-box;"><a href="https://mises.org/topics/booms-and-busts" style="box-sizing: border-box; color: #788086; text-decoration: none;">Booms and Busts</a></span><span style="box-sizing: border-box;"><a href="https://mises.org/austrian-school/business-cycles" style="box-sizing: border-box; color: #788086; text-decoration: none;">Business Cycles</a></span><span style="box-sizing: border-box;"><a href="https://mises.org/austrian-school/interventionism" style="box-sizing: border-box; color: #788086; text-decoration: none;">Interventionism</a></span></div> </div> <div class="group-right col-xs-8 col-xs-8" style="box-sizing: border-box; color: #494e54; float: left; font-family: myriad-pro, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; min-height: 1px; padding-left: 10px; padding-right: 0px; position: relative; width: 475.546875px;"> <h2 class="teaser-title" style="box-sizing: border-box; color: #00426b; font-family: crimson_text, Georgia, 'Times New Roman', Times, serif; font-size: 23px; line-height: 1.1; margin-bottom: 12.5px; margin-top: 0px; vertical-align: top;"> <a href="https://mises.org/library/economic-depressions-their-cause-and-cure-2" style="box-sizing: border-box; color: #38709e; text-decoration: none;">Economic Depressions: Their Cause and Cure</a></h2> <div class="group-date-author" style="box-sizing: border-box;"> <span class="date" style="box-sizing: border-box; color: #00426b; font-weight: 600; text-transform: uppercase;">JUNE 27, 2012</span><span class="author" style="box-sizing: border-box;"><a href="https://mises.org/profile/murray-n-rothbard" rel="author" style="box-sizing: border-box; color: #00426b; text-decoration: none;">Murray N. Rothbard</a></span></div> <div style="box-sizing: border-box; margin-bottom: 12.5px;"> <span style="box-sizing: border-box; line-height: 1.66667;">Murray Rothbard was the master of reducing complicated theories to their very essence while retaining theoretical rigor, and this essay is a case in point. It was originally written in 1969 and published in the form of a tiny book that achieved a huge circulation.&nbsp;</span><span style="box-sizing: border-box; line-height: 1.66667;">Its continued relevance speaks to an aspect of the Austrian theory that other theories can't boast. It is a real theory that applies across time and place, and its persuasive power is not contingent on the particulars of any individual boom bust cycle.</span></div> <div style="box-sizing: border-box; margin-bottom: 12.5px;"> <span style="box-sizing: border-box; line-height: 1.66667;">Narrated by Harold Fritsche. Music by Kevin McLeod.</span></div> <div style="box-sizing: border-box; margin-bottom: 12.5px;"> <br /></div> <div style="box-sizing: border-box; margin-bottom: 12.5px;"> <a href="http://mp3.anarchistphilosophies.com/depressions.mp3" style="background-color: #38709e; background-image: none; border-bottom-left-radius: 5px; border-bottom-right-radius: 5px; border-color: rgb(56, 112, 158); border-top-left-radius: 5px; border-top-right-radius: 5px; box-sizing: border-box; color: white; cursor: pointer; display: inline-block; font-size: 13px; line-height: 1.25; margin-bottom: 0px; padding: 6px 10px; text-align: center; text-decoration: none; vertical-align: middle; white-space: nowrap;" title="Economic Depressions Their Cause and Cure Murray N Rothbard.mp3" type="audio/mpeg; length=20774474">Download audio file</a></div> <div class="read-more" style="box-sizing: border-box; cursor: pointer; font-size: 13px; text-transform: uppercase;"> <a href="https://mises.org/library/economic-depressions-their-cause-and-cure-2" style="box-sizing: border-box; color: #788086; font-size: 13px; text-decoration: none;">READ MORE</a></div> </div>

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economicsaustrianeconomicsfreedomindividualismhistorypeacepraxeologyhumanaction