Economic Depressions: Their Cause and Cure

Murray N. Rothbard

Murray Rothbard was the master of reducing complicated theories to their very essence while retaining theoretical rigor, and this essay is a case in point. It was written in 1969 and published in the form of a tiny book that achieved a huge circulation. It has not been in print since that time, but it is now back in this new release.

Its continued relevance speaks to an aspect of the Austrian theory that other theories can’t boast. It is a real theory that applies across time and place, and its persuasive power is not contingent on the particulars of any individual boom bust cycle.

Economic Depressions: Their Cause and Cure by Murray N. Rothbard
Meet the Author
Murray N. Rothbard
Murray N. Rothbard

Murray N. Rothbard made major contributions to economics, history, political philosophy, and legal theory. He combined Austrian economics with a fervent commitment to individual liberty.

Murray N. Rothbard

In contemplating the life and career of Ludwig von Mises, one is struck by the nobility and grandeur, the high courage, of his lonely and lifelong struggle on behalf of truth and laissez-faire. But what led Mises to pursue his lonely and seemingly doomed struggle until the very end?

Murray N. Rothbard

Remembering Murray Rothbard on our imperialistic wars: "The true principle of isolationism is that the government should be isolated and people who trade, interchange, and engage in voluntary travel, migration, and so forth should be allowed to peacefully do so."

View Murray N. Rothbard bio and works
References

Mises Institute 2009; originally published as a minibook in 1969 by the Constitutional Alliance of Lansing, Michigan.

This essay was originally published as a minibook by the Constitutional Alliance of Lansing, Michigan, 1969.

Printed in 2009 by the Mises Institute

ISBN: 978-1-933550-50-3