Banking and the Business Cycle: A Study of the Great Depression in the United States - Tapa blanda

Phillips, C.A.; McManus, T.F.; Nelson, R.W.

9781610160377: Banking and the Business Cycle: A Study of the Great Depression in the United States

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ISBN 10: 1610160371 ISBN 13: 9781610160377

Editorial: Ludwig von Mises Institute, 2014

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This rare study by C.A. Phillips, together with T.F. McManus and R.W. Nelson, appeared in 1937 as an Austrian-style analysis of the stock market crash and the great depression that followed.It explores the many theories tossed about at the time, and concludes that the theory "here developed may be called a 'central banking' explanation of the depression. The depth and duration of the depression are held to be the ineluctable consequences of the preceding boom. That boom could never have lasted as long as it did, nor could it have assumed the proportions it attained, under the old National Banking System. The boom and depression were therefore proximately caused by central bank credit expansion."We can see, then, why Austrian economists have long held this book in high esteem, though it has been nearly impossible to find for many years. Murray Rothbard himself picked it as among the 20 most significant economics books of the 20th century.

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This rare study by C.A. Phillips, together with T.F. McManus and R.W. Nelson, appeared in 1937 as an Austrian-style analysis of the stock market crash and the great depression that followed. It explores the many theories tossed about at the time, and concludes that the theory "here developed may be called a 'central banking' explanation of the depression. The depth and duration of the depression are held to be the ineluctable consequences of the preceding boom. That boom could never have lasted as long as it did, nor could it have assumed the proportions it attained, under the old National Banking System. The boom and depression were therefore proximately caused by central bank credit expansion." We can see, then, why Austrian economists have long held this book in high esteem, though it has been nearly impossible to find for many years. Murray Rothbard himself picked it as among the 20 most significant economics books of the 20th century.

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Editorial: Ludwig von Mises Institute
A�o de publicaci�n: 2014
Idioma: Ingl�s
ISBN 10: 1610160371
ISBN 13: 9781610160377
Encuadernaci�n: Tapa blanda
N�mero de p�ginas: 286
Contacto del fabricante: no disponible
Persona responsable: no disponible

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Otras ediciones populares con el mismo t�tulo

9781258037185: Banking And The Business Cycle: A Study Of The Great Depression In The United States

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ISBN 10: 1258037181 ISBN 13: 9781258037185
Editorial: Literary Licensing, LLC, 2011
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Banking and the Business Cycle: A Study of the Great Depression in the United States

T F McManus

Publicado por Ludwig Von Mises Institute, 2014

ISBN 10: 1610160371 ISBN 13: 9781610160377

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Paperback / softback. Condici�n: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days 152. N� de ref. del art�culo: C9781610160377

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Banking and the Business Cycle: A Study of the Great Depression in the United States

Phillips, C.A.; McManus, T.F.; Nelson, R.W.

Publicado por Ludwig von Mises Institute, 2014

ISBN 10: 1610160371 ISBN 13: 9781610160377

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Banking and the Business Cycle: A Study of the Great Depression in the United States (Paperback or Softback)

McManus, T. F.

Publicado por Ludwig Von Mises Institute 9/9/2014, 2014

ISBN 10: 1610160371 ISBN 13: 9781610160377

Nuevo Paperback or Softback

Librería: BargainBookStores, Grand Rapids, MI, Estados Unidos de America

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Paperback or Softback. Condici�n: New. Banking and the Business Cycle: A Study of the Great Depression in the United States 0.85. Book. N� de ref. del art�culo: BBS-9781610160377

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