Rothbard's "America's Great Depression," Chapter Three, Part One

Chapter 3 of "America's Great Depression" is about a few more alternative theories attempting to explain booms and busts. Today, we're covering the first half of the chapter, going over the Overproduction theory, the Underconsumption Theory, and the Acceleration Principle variation of the Underconsumption Theory.

I hope you enjoy!

Show notes here: https://marginalnonhermit.com/?p=548

Read along with me: https://mises.org/library/book/americas-great-depression

Unfortunately, I was unable to find a convenient way to access W.H. Hutt's "Coordination and the Price System." The best I could find were listings from a few university libraries: https://search.worldcat.org/title/28785415

The Phillips/McManus/Nelson book "Banking and the Business Cycle" is available free at Mises: https://mises.org/library/book/banking-and-business-cycle

Thank you for listening!

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