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Rothbard’s America’s Great Depression, Chapter Eleven, Part One

Chapter eleven of America’s Great Depression covers Hoover’s continued flailing as during 1932 as all of his policies make the depression worse.

In this part, we’re covering about half of the chapter, up through the section “Governmental Relief,” ending on page 301 in the Fifth Edition. (Next week we will spend most of our time on the two sections detailing the inflation in 1932.)

Full show notes can be downloaded here.

This video is available on Odysee, BitChute, and YouTube.

References:

Ratner, American Taxation: Its History as a Social Force in Democracy
https://books.google.com/books/about/American_Taxation.html?id=RwI0AAAAIAAJ

Kennedy, Development of Postal Rates: 1845-1955
https://www.jstor.org/stable/3144899

Kennedy, Structure and Policy in Postal Rates
https://www.jstor.org/stable/1833290

Warren, Herbert Hoover and the Great Depression
https://archive.org/details/herberthoovergre0000warr_f2d0

Congressional Record 75
https://www.govinfo.gov/app/details/GPO-CRECB-1932-pt2-v75/

Leffingwell, Causes of Depression
https://www.jstor.org/stable/1172700

Randolph Paul (no, not that Rand Paul!), Taxation in the United States
https://books.google.com/books/about/Taxation_in_the_United_States.html?id=2KI1AAAAIAAJ

National Economy League, Brief in Support of Petition of May 4, 1932
https://archive.org/details/briefinsupportof00nati/mode/2up

Beck, Our Wonderland of Bureaucracy
https://archive.org/details/in.ernet.dli.2015.275457

Haligren, Seeds of Revolt
https://books.google.com/books/about/Seeds_of_Revolt.html?id=d6wVAAAAMAAJ

Kendrick, A Century and a Half of Federal Expenditures
https://www.nber.org/books-and-chapters/century-and-half-federal-expenditures

Kimmel, Federal Budget and Fiscal Policy, 1789-1958
https://archive.org/details/federalbudgetfis0000unse

Congressional Record, with May 16, 1932 broken out in the page
https://www.govinfo.gov/app/collection/crecb/_crecb/Volume%20075%20(1932)/GPO-CRECB-1932-pt9-v75

Reeve, Monetary Reform Movements
https://archive.org/details/monetaryreformmo0000unse/page/n7/mode/2up

Dorfman, The Economic Mind in American Civilization
https://mises.org/library/book/economic-mind-american-civilization-1606-1865-volume-one

Chase, A New Deal
https://babel.hathitrust.org/cgi/pt?id=uc1.$b666889&seq=9

Coyle, The Irrepressible Conflict; Business vs. Finance
https://archive.org/details/irrepressiblecon0000coyl/page/n5/mode/2up

Soule, The Planned Society
https://archive.org/details/in.ernet.dli.2015.168288

Chapman, The Economics of Inflation
https://www.degruyter.com/document/doi/10.7312/will93390/html?lang=en

Anderson, Economics and the Public Welfare
https://archive.org/details/economicspublicw0000ande/page/n3/mode/2up

Nash, Herbert Hoover and the Origins of the RFC
https://www.jstor.org/stable/1892269

Flynn, Inside the RFC
https://harpers.org/archive/1933/01/inside-the-r-f-c/
(archived version of Flynn’s article)
https://archive.ph/gWBeM

Lundberg, America’s Sixty Families
https://archive.org/details/in.ernet.dli.2015.34254/page/n5/mode/2up

Dewing, The Financial Policy of Corporations
https://archive.org/details/financialpolicyo0002arth/page/n5/mode/2up

Ebersole, One Year of the Reconstruction Finance Corporation
https://www.jstor.org/stable/1883981

Abbott, Public Assistance
https://archive.org/details/publicassistance0001edit/page/n3/mode/2up

Bernstein, The Lean Years
https://archive.org/details/leanyearshistory0000bern_f7p8/page/n5/mode/2up

Geddes, Trends in Relief Expenditures, 1910-1935
https://archive.org/details/trendsinreliefex00gedd

Finally, a little something on the Federal Land Banks:
https://www.cambridge.org/core/journals/business-history-review/article/rise-and-fall-of-the-first-governmentsponsored-enterprise-the-federal-land-banks-19161932/034D8666F54365514A0E1851FBFA7FF0

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