America's Great Depression

America’s Great Depression is a 1963 book by Murray N. Rothbard on the Great Depression.

According to historian David Gordon, it is the "single most important book on the Great Depression". Rothbard applied Austrian business cycle theory to America, showing how Benjamin Strong at the New York Fed promoted expansionary monetary policy during the 1920s. When disaster struck, Hoover's interventionist measures made matters worse.

Links

 * (including full text)
 * Full text (DocStoc)(Scribd)
 * Introduction by Paul Johnson (1999)


 * Articles, essays, and reviews