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.
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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.
Read Less
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the myth that capitalism,greed unregulated by "free-market" Herbert Hoover is demolished by Mr Rothbard.
FDR just went faster in the same direction.
Psuedo intellectuals blame everything on greed and a need for controlled economy.
Naturally they will be the ones doing the planning and controlling for everyone else.
Must read,
best Jimmy Mack