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Best Continuation to Rothbard's "America's Great Depression?"

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Mark B. posted on Sat, May 16 2009 12:42 AM

After reading Robert P. Murphy's post about his new "P.I.G" on extending Rothbard's own work.

What is the best follow up work to Rothbard's "America's Great Depression?"  If you want to seamlessly proceed from Rothbard's discussion of the Hoover years into a similar discussion of the F.D.R. years, as if Rothbard had simply written Volume 2 of that work.

If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home and leave us in peace. We seek not your council, nor your arms. Crouch down and lick the hand that feeds you, and may posterity forget that ye were our countrymen.

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I think New Deal or Raw Deal? by Burton Folsom Jr. is pretty good, although he does state that the bust was due to credit expansion; he states that it was because the Fed tightened credit and refused to bailout the banks, which Rothbard proves untrue.  However, in regards to Roosevelt's policies, I think Folsom Jr. does hit the nail on the head.

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The Robert P. Murphy book you cite above is itself very good. But if you want something written in dry academic prose, you could try Robert Higgs.

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