America's great depression

In this book, Murray N. Rothbard challenges conventional wisdom by arguing that the Great Depression was caused by government intervention and the Federal Reserve's monetary policies, rather than by market failures.

He explains the Austrian theory of the business cycle and details how the inflationary policies of the 1920s, combined with the interventionist policies of the Herbert Hoover administration, exacerbated the economic crisis.

The book also discusses the long-term impacts of the Great Depression on economic policies and societal structures, including the establishment of regulatory bodies and safety nets.