America's Great Depression
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Narrated by:
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Tom Weiner
About this listen
The Great Depression was not a crisis for capitalism but merely an example of the downturn part of the business cycle, which was generated by government intervention in the economy. Had this book appeared in the 1940s, it might have spared the world much grief. Even so, its appearance in 1963 meant that free-market advocates had their first full-scale treatment of this crucial subject. The damage to the intellectual world inflicted by Keynesian- and socialist-style treatments would be limited from that day forward.
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The international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971. Each collapse was followed by a period of tumult: War, civil unrest, or significant damage to the stability of the global economy. Now James Rickards, the acclaimed author of Currency Wars, shows why another collapse is rapidly approaching - and why this time, nothing less than the institution of money itself is at risk.
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A good review of the global financial system
- By Jean on 04-22-14
By: James Rickards
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The Great Contraction, 1929-1933
- By: Milton Friedman
- Narrated by: A. C. Fellner
- Length: 8 hrs and 48 mins
- Unabridged
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The Great Contraction, 1929-1933 argued that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and ameliorating banking panics. This edition of the original text includes a new preface by Anna Jacobson Schwartz, as well as a new introduction by the economist Peter Bernstein.
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A different explanation for the Great Depression.
- By Robert on 11-13-12
By: Milton Friedman
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The Instant Economist
- Everything You Need to Know About How the Economy Works
- By: Timothy Taylor
- Narrated by: Don Hagen
- Length: 9 hrs and 35 mins
- Unabridged
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Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists - when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor here tackles all the key questions and hot topics of both microeconomics and macroeconomics, so you can understand and discuss economics on a personal, national, and global level.
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Timothy Taylor is the best
- By Jake on 02-15-15
By: Timothy Taylor
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Collusion
- How Central Bankers Rigged the World
- By: Nomi Prins
- Narrated by: Ellen Archer
- Length: 14 hrs and 30 mins
- Unabridged
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In this searing exposé, former Wall Street insider Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the world order. Packed with tantalizing details about the elite players orchestrating the world economy, Collusion takes the listener inside the most discreet conversations at exclusive retreats like Jackson Hole and Davos. A work of meticulous reporting and bracing analysis, Collusion will change the way we understand the new world of international finance.
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Fair history survey, lazy characterizations
- By Philo on 05-09-18
By: Nomi Prins
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The Age of Oversupply
- Overcoming the Greatest Challenge to the Global Economy
- By: Daniel Alpert
- Narrated by: Don Hagen
- Length: 10 hrs and 34 mins
- Unabridged
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The governments and central banks of the developed world have tried every policy tool imaginable, yet our economies remain sluggish, or worse. How did we get here, and how can we emerge from the longest downturn in recent memory? Daniel Alpert, a progressive Wall Street banker and economist, argues that we are living in the age of oversupply.
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Great book but now out of date
- By emory morsberger on 11-30-17
By: Daniel Alpert
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Currency Wars
- The Making of the Next Global Crises
- By: James Rickards
- Narrated by: Walter Dixon
- Length: 9 hrs and 52 mins
- Unabridged
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In 1971, President Nixon imposed national price controls and took the United States off the gold standard, an extreme measure intended to end an ongoing currency war that had destroyed faith in the U.S. dollar. Today we are engaged in a new currency war, and this time the consequences will be far worse than those that confronted Nixon. Currency wars are one of the most destructive and feared outcomes in international economics.
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don't be misled
- By peter on 04-01-12
By: James Rickards
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Fault Lines
- How Hidden Fractures Still Threaten the World's Economy
- By: Raghuram Rajan
- Narrated by: Richard Davidson
- Length: 12 hrs and 58 mins
- Unabridged
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Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In Fault Lines, Rajan argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed.
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A REAL SNOOZER
- By Frank on 12-02-10
By: Raghuram Rajan
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Globalization and Its Discontents
- By: Joseph E. Stiglitz
- Narrated by: Derek Perkins
- Length: 10 hrs and 33 mins
- Unabridged
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This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national best-seller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank.
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Plea
- By Asma on 10-13-20
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Great facts (if selective); ideological rigidity
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too focused on political correctness.
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The winner writes history
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In For a New Liberty: The Libertarian Manifesto, Rothbard proposes a once-and-for-all escape from the two major political parties, the ideologies they embrace, and their central plans for using state power against people. Libertarianism is Rothbard's radical alternative that says state power is unworkable and immoral, and ought to be curbed and finally overthrown.
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I'm a Ron Paul Libertarian but this is a good
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Man, Economy, and State with Power and Market - Scholar's Edition
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Murray N. Rothbard's great treatise, Man, Economy, and State, and its complementary text, Power and Market, are here combined into a single audiobook edition as they were written to be. It provides a sweeping presentation of Austrian economic theory, a reconstruction of many aspects of that theory, a rigorous criticism of alternative schools, and an inspiring look at a science of liberty that concerns nearly everything and should concern everyone.
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Austrian Economics
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An Austrian Perspective on the History of Economic Thought
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The most important history of economics for your education.
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Great facts (if selective); ideological rigidity
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too focused on political correctness.
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The winner writes history
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I'm a Ron Paul Libertarian but this is a good
- By monte reed on 03-20-12
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Man, Economy, and State with Power and Market - Scholar's Edition
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The most important history of economics for your education.
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The Day the Bubble Burst
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The New York Times best seller that tells the story of an overheated stock market and the financial disaster that led to the Great Depression of the 1930s. A riveting living history about Black Tuesday, October 29, 1929. Captures the era, the intoxicating expectancy, the hope that ruled men's heart and minds before the bubble burst and the black despair of the decade that followed.
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Thorough and fascinating
- By Bowen Florsheim on 04-23-21
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Excellent!
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The Betrayal of the American Right
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This remarkable piece of history will change the way you look at American politics. It shows that the corruption of American "conservatism" began long before George W. Bush ballooned the budget and asserted dictatorial rights over the country and the world. The American Right long ago slid into the abyss. Betrayal of the American Right is the story, and the author none other than Murray N. Rothbard, who witnessed it all firsthand. He tells his own story and reveals the machinations behind the subversion of an anti-state movement into one that cheers statism of the worst sort.
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The Anatomy of the State (LvMI)
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Murray Rothbard was known as the state's greatest living enemy, and this audiobook is his most powerful statement on the topic. He explains what a state is and what it is not. He shows how it is an institution that violates all that we hold as honest and moral, and how it operates under a false cover.
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Good material
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The Great Depression
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The Great Depression was one of the most trying eras in American history. All aspects of the US were affected. After the stock market crash of 1929, the nation was thrust into a decade of turmoil and change - in government, the economy, and culture. Many of the changes brought about by the Great Depression remain today.
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Talk about great timing. Rothbard's extraordinary book unravels the mystery of banking: What is legitimate enterprise and what is a government-backed shell game that can't last? His explanation is clear enough for anyone to follow and yet precise and rigorous enough to be the best textbook for college classes on the topic. This is because its expository clarity - in its history and theory - is essentially unrivaled. Most notably, he uses the T-account method of explaining the relationship between deposits and loans, showing the inherent instability of fractional reserve banking.
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Completely incompetent narrator
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Money Mischief
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What kind of mischief can result from misunderstanding the monetary system? The work of 2 obscure Scottish chemists destroyed the presidential prospects of William Jennings Bryan, as well as Franklin D. Roosevelt's decision to appease a few senators from the American West who helped communism triumph in China, are just 2 such mishaps cited in this important work by Nobel Prize-winning economist Milton Friedman. This accessible work also provides an in-depth discussion on the creation of value.
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This book is not unabridged.
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By: Milton Friedman
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The New Deal shaped our nation's politics for decades, and was seen by many as tantamount to the "American Way" itself. Now, in this superb compact history, Eric Rauchway offers an informed account of the New Deal and the Great Depression, illuminating its successes and failures.
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A quick comprehensive summary
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The Great Depression: A Diary
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In the early 1920s, Benjamin Roth was a young lawyer fresh out of the army. He settled in Youngstown, Ohio, a booming Midwestern industrial town. Times were good—until the stock market crash of 1929. After nearly two years of economic crisis, it was clear that the heady prosperity of the Roaring Twenties would not return quickly.
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Socialism
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- Unabridged
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Published in 1922 during those dark and dreary years of socialism’s near-complete triumph, Socialism stunned the socialist world. Mises has given us a profoundly important treatise that assaults socialism in all its guises, a work that discusses every major aspect of socialism and leaves no stone unturned. A few of the numerous topics discussed include the success of socialist ideas; life under socialism: art and literature, science and journalism; economic calculation under socialism; the ideal of equality; and Marx’s theory of monopolies.
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Unconvincing
- By bookscdsdvdsandcoolstuff on 01-03-15
By: Ludwig von Mises
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Science, Technology, and Government
- By: Murray N. Rothbard
- Narrated by: Millian Quinteros
- Length: 1 hr and 31 mins
- Unabridged
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In this previously unpublished manuscript, found in the Rothbard Archives, Rothbard deftly turns the tables on the supporters of big government and their mandate for control of research and development in all areas of the hard sciences. What R&D should be encouraged and funded, what inventions should be supported, and what areas should be given research grants, etc.? These decisions can be decided only by markets unburdened by government meddling and intervention.
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Short, pragmatic read
- By Joshua on 01-17-19
What listeners say about America's Great Depression
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- Todd R.
- 07-08-21
Read Rothbard
Wonderful analysis of the Great Depression by one of the most brilliant economic and social thinkers in history.
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- Francisco Antonio Guerrero
- 01-23-23
A great look into what happened to our economy, from a purely empirical standpoint
This book was exactly what I was looking for. I don’t know if it’s just me, but I remember studying US and World History in High School. I can still listen to my teachers talk about the different eras, such as WW1, WW2, the Great Depression…the 60s, the 70s, and the 80s. I can’t however recall ever going in depth into the economic, political aspect of the Great Depression.
I think this book gives you a great view of what happened, how it happened and why. Although there is a marked tendency to condemn the actions of the governmental administration, I believe it was justified. The story has empirical data that substantiate most of the events. Thats what I liked most about it.
I had been looking into finding a book that could open my eyes to what our economy and government was like before the depression, how it all worked. This book delivered on that. If you are a in the market for a factual account of one of our most important economic events in modern history, look no further.
I would recommend to keep google handy, since there are a lot of macro/microeconomic terminology used, and if you have not touched up on those subjects recently, you might have to between chapters.
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- David
- 07-10-23
Great read.
Summary from the end of the book:
"Economic theory demonstrates that only governmental inflation can generate a boom and bust cycle, and that the depression will be prolonged and aggravated by inflationist and other interventionary measures. In contrast to the myth of laissez-faire, we have shown in this book how government intervention generated the unsound boom of the 1920s, and how Hoover's new departure aggravated the great depression by massive measures of interference. The guilt for the great depression must, at long last, be lifted from the shoulders of the free market economy and placed where it properly belongs: at the doors of politicians, bureaucrats, and the mass of 'enlightened' economists, and in any depression, past or future, the story will be the same."
Great read. Chapter 4 was a little boring because it is a bunch of tables and statistical data, but other than that, this is a solid book explaining the Misesian Austrian Business Cycle theory, banking policy (both as it should be and as it is, which is a massive difference, determining whether the whole economic system could collapse or not due to a bank run-- 100% reserves on immediately withdrawable deposits = healthy capitalism, fractional reserves on immediately withdrawable deposits = unjust and unstable economic structure), and how Hoover's government thwarted economic growth using every anti-laissez-faire tool he could fathom.
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- Jerilyn
- 10-27-24
What an informative book!
I learned so much from this book. Not only about how we end up in a depression, but all the things that happen before reaching that point. What needs to happen before a comeback. So informative in so many ways. This book is so beneficial in so many was. Worth reading, but to have it read to me I think was more beneficial. I will be listening to this again.
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- Frank Donnelly
- 05-29-19
A Very Intense Economic And Political History
I am thoroughly enthralled by all academic work by Murray Rothbard. This is an intense economic analysis of the American economy in the 1920s and 1930s. While the audiobook is excellent, I had also purchased the Kindle and I am so glad that I read simultaneously. This audiobook was far too complicated and sophisticated for me to follow without reading along. This put me in mind of an upper level economic textbook. This is NOT an easy easy read with a flowing narrative about American social history. It is EXCELLENT... Thank You...
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3 people found this helpful
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- gb
- 03-10-16
Not a great narration
Great book, dull narration. Seemed like he was in a big rush. Book written with wit and sarcasm, read flat.
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2 people found this helpful
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- Tabatha
- 08-28-15
better read than heard
Rich content and convincing arguments. Completely shatters the myths of Hoover's adherence to free market principles, as the cause of America's Great Depression, and Roosevelt's messianic New Deal, as the solution. Laborious to listen to statistics!
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1 person found this helpful
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- Paul B.
- 03-25-17
Solid
Rothbard lays out the relevant Austrian theory then detailed history of Hoover era progressive interventions.
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- Heather Smith
- 04-22-21
Interesting
Very thorough. I will need to listen again, but it explains why the Great Depression happened and lasted so long.
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- tin
- 08-21-22
Lots of stuff
This book really went to town on the great depression. Pretty impressive how much information there is
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