{"id":540,"date":"2024-07-05T23:59:13","date_gmt":"2024-07-06T05:59:13","guid":{"rendered":"https:\/\/marginalnonhermit.com\/?p=540"},"modified":"2025-05-14T16:19:20","modified_gmt":"2025-05-14T22:19:20","slug":"rothbards-americas-great-depression-chapter-two","status":"publish","type":"post","link":"https:\/\/marginalnonhermit.com\/?p=540","title":{"rendered":"Rothbard&#8217;s <i>America&#8217;s Great Depression<\/i>, Chapter Two"},"content":{"rendered":"\n<iframe id=\"odysee-iframe\" style=\"width:100%; aspect-ratio:16 \/ 9;\" src=\"https:\/\/odysee.com\/$\/embed\/@MarginalNonHermit:3\/rothbard-great-depression-ch-2:1?r=8gvoByECHNgc2BfQ5o91oxf89bpi1Ui4\" allowfullscreen><\/iframe>\n\n\n\n<p class=\"\">This video covers chapter two, including an in-depth explanation of Figure 1 on page 48, with additional visual elements to help make it easier to understand.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"\">Chapter Two is all about Keynesian objections to Austrian Business cycle, and Rothbard outlines a few of the more peculiar definitions that Keynesians use, and discusses why they cause trouble in economic reasoning.<\/p>\n\n\n\n<p class=\"\">Show notes <a href=\"https:\/\/marginalnonhermit.com\/wp-content\/uploads\/2024\/07\/rothbard-depression-notes-ch2.pdf\">here<\/a>, but if you want the explanation of Figure 1, you&#8217;ll need to check the video starting at around 14 minutes in.<\/p>\n\n\n\n<p class=\"\">Read along! Free electronic copies and very nice paper copies:<br><a href=\"https:\/\/mises.org\/library\/book\/americas-great-depression\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/mises.org\/library\/book\/americas-great-depression<\/a><\/p>\n\n\n\n<p class=\"\">This video is available on <a href=\"https:\/\/odysee.com\/@MarginalNonHermit:3\/rothbard-great-depression-ch-2:1?r=8gvoByECHNgc2BfQ5o91oxf89bpi1Ui4\">Odysee<\/a> and <a href=\"https:\/\/old.bitchute.com\/video\/pFc2tvDS3TZh\/\">BitChute<\/a>.<\/p>\n\n\n\n<p class=\"\">Return to the series list <a href=\"https:\/\/marginalnonhermit.com\/?page_id=763\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This video covers chapter two, including an in-depth explanation of Figure 1 on page 48, with additional visual elements to help make it easier to understand.<\/p>\n","protected":false},"author":1,"featured_media":542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,2],"tags":[37,63,198,65,196,199],"class_list":["post-540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economics","category-video-link","tag-economics","tag-fiat-money","tag-great-depression","tag-money","tag-rothbard","tag-study-guide"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/marginalnonhermit.com\/wp-content\/uploads\/2024\/07\/Murray_Rothbard.jpg?fit=476%2C600&ssl=1","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts\/540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=540"}],"version-history":[{"count":2,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts\/540\/revisions"}],"predecessor-version":[{"id":782,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts\/540\/revisions\/782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/media\/542"}],"wp:attachment":[{"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}