Bookbot

America's Great Depression

Hodnotenie knihy

Viac o knihe

The book delves into business cycle theory, emphasizing how expansive monetary policy creates imbalances between investment and consumption. It critically analyzes the Federal Reserve's inflationary policies of the 1920s, arguing that their impact was not immediately visible in consumer prices. Rothbard illustrates that the stock market correction was a symptom of a larger investment boom, which ultimately set the stage for an economic bust. This exploration offers a nuanced understanding of the interplay between monetary policy and economic cycles.

Nákup knihy

America's Great Depression, Murray Rothbard

Jazyk
Rok vydania
2009
product-detail.submit-box.info.binding
(pevná)
Akonáhle sa objaví, pošleme e-mail.

Platobné metódy

3,9
Veľmi dobrá
12 Hodnotenie

Tu nám chýba tvoja recenzia

Jazyk
anglicky
Rok vydania
2009
Väzba
pevná
Počet strán
376
ISBN13
9781607961109
Série
Hodnotenie
3,9 z 5
Anotácia
The book delves into business cycle theory, emphasizing how expansive monetary policy creates imbalances between investment and consumption. It critically analyzes the Federal Reserve's inflationary policies of the 1920s, arguing that their impact was not immediately visible in consumer prices. Rothbard illustrates that the stock market correction was a symptom of a larger investment boom, which ultimately set the stage for an economic bust. This exploration offers a nuanced understanding of the interplay between monetary policy and economic cycles.