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America’s Great Depression and Austrian Business Cycle Theory

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When Murray Rothbard’s America’s Great Depression first appeared in print in 1963, the economics profession was still completely dominated by the Keynesian Revolution that began in the 1930s. Rothbard, instead, employed the “Austrian” approach to money and the business cycle to explain the causes for the Great Depression, and to analyze the misguided and counterproductive policies that were followed ...

What Went Wrong in Charlottesville

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“In this present crisis, government is not the solution to our problem, government IS the problem.”—Ronald Reagan Corruption. Graft. Intolerance. Greed. Incompetence. Ineptitude. Militarism. Lawlessness. Ignorance. Brutality. Deceit. Collusion. Corpulence. Bureaucracy. Immorality. Depravity. Censorship. Cruelty. Violence. Mediocrity. Tyranny. These are the hallmarks of an institution that is rotten through and through. What you smell is the stench of a dying republic. Our ...