{"id":645,"date":"2024-10-10T21:12:03","date_gmt":"2024-10-11T03:12:03","guid":{"rendered":"https:\/\/marginalnonhermit.com\/?p=645"},"modified":"2025-05-14T16:21:19","modified_gmt":"2025-05-14T22:21:19","slug":"rothbards-americas-great-depression-chapter-11-part-2","status":"publish","type":"post","link":"https:\/\/marginalnonhermit.com\/?p=645","title":{"rendered":"Rothbard&#8217;s <i>America&#8217;s Great Depression<\/i>, Chapter 11, part 2"},"content":{"rendered":"\n<iframe id=\"odysee-iframe\" style=\"width:100%; aspect-ratio:16 \/ 9;\" src=\"https:\/\/odysee.com\/$\/embed\/@MarginalNonHermit:3\/Am-Gt-Dep-Ch11p2:e?r=8gvoByECHNgc2BfQ5o91oxf89bpi1Ui4\" allowfullscreen><\/iframe>\n\n\n\n<p class=\"\">Most of this part of the chapter is devoted to the efforts and agitation to reflate prices up to their pre-depression levels.<\/p>\n\n\n\n<p class=\"\">Fortunately, quite a few of these efforts fizzled out, but enough made it into official policy that the economy suffered another blow at the end of the year, after a small uptick.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"\">For my show notes, go <a href=\"https:\/\/marginalnonhermit.com\/wp-content\/uploads\/2024\/10\/rothbard-depression-notes-ch11p2.pdf\">here<\/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\n\n\n<p class=\"\">This video is also available on <a href=\"https:\/\/odysee.com\/@MarginalNonHermit:3\/Am-Gt-Dep-Ch11p2:e\">Odysee<\/a>, <a href=\"https:\/\/old.bitchute.com\/video\/Z1dQUHdOo03V\/\">BitChute<\/a>, and <a href=\"https:\/\/youtu.be\/Bkf0WFIILBg\">YouTube<\/a>.<\/p>\n\n\n\n<p class=\"\"><span style=\"text-decoration: underline;\">References<\/span><\/p>\n\n\n\n<p class=\"\">Currie, <em>Supply and Control of Money in the United States<\/em><br><a href=\"https:\/\/academic.oup.com\/psq\/article-abstract\/50\/3\/432\/7242097?redirectedFrom=fulltext\">https:\/\/academic.oup.com\/psq\/article-abstract\/50\/3\/432\/7242097?redirectedFrom=fulltext<\/a><\/p>\n\n\n\n<p class=\"\">Harris, <em>Twenty Years of Federal Reserve Policy<\/em><br><a href=\"https:\/\/archive.org\/details\/twentyyearsoffed0000seym\/page\/n7\/mode\/2up\">https:\/\/archive.org\/details\/twentyyearsoffed0000seym\/page\/n7\/mode\/2up<\/a><\/p>\n\n\n\n<p class=\"\">Dorfman, <em>The Economic Mind in American Civilization<\/em><br><a href=\"https:\/\/mises.org\/library\/book\/economic-mind-american-civilization-1606-1865-volume-one\">https:\/\/mises.org\/library\/book\/economic-mind-american-civilization-1606-1865-volume-one<\/a><\/p>\n\n\n\n<p class=\"\"><em>Commercial and Financial Chronicle<\/em>, May 7, 1932<br><a href=\"https:\/\/fraser.stlouisfed.org\/title\/commercial-financial-chronicle-1339\/may-7-1932-517073\">https:\/\/fraser.stlouisfed.org\/title\/commercial-financial-chronicle-1339\/may-7-1932-517073<\/a><\/p>\n\n\n\n<p class=\"\">Graham, <em>The Abolition of Unemployment<\/em><br><a href=\"https:\/\/books.google.com\/books\/about\/The_Abolition_of_Unemployment.html?id=Odc-FyjJBxIC\">https:\/\/books.google.com\/books\/about\/The_Abolition_of_Unemployment.html?id=Odc-FyjJBxIC<\/a><\/p>\n\n\n\n<p class=\"\"><em>The New York Times<\/em>, January 16, 1933<br><a href=\"https:\/\/www.nytimes.com\/sitemap\/1933\/01\/16\/\">https:\/\/www.nytimes.com\/sitemap\/1933\/01\/16\/<\/a><\/p>\n\n\n\n<p class=\"\">Rothbard&#8217;s citation for the NYT article is quite fuzzy. Is this it? NYT says it&#8217;s the wrong page, and I can&#8217;t actually access the text.<br><a href=\"https:\/\/www.nytimes.com\/1933\/01\/16\/archives\/federal-aid-urged-for-barter-system-economists-endorse-program-of.html\">https:\/\/www.nytimes.com\/1933\/01\/16\/archives\/federal-aid-urged-for-barter-system-economists-endorse-program-of.html<\/a><\/p>\n\n\n\n<p class=\"\">Wright, <em>Gold and Monetary Stabilization<\/em><br><a href=\"https:\/\/archive.org\/details\/goldmonetarystab0000quin\/page\/n7\/mode\/2up\">https:\/\/archive.org\/details\/goldmonetarystab0000quin\/page\/n7\/mode\/2up<\/a><\/p>\n\n\n\n<p class=\"\">McDonough, <em>The Federal Home Loan Bank System<\/em><br><a href=\"https:\/\/www.jstor.org\/stable\/1808222\">https:\/\/www.jstor.org\/stable\/1808222<\/a><\/p>\n\n\n\n<p class=\"\">Rohlfing et al., <em>Business and Government<\/em><br><a href=\"https:\/\/books.google.com\/books\/about\/Business_and_Government.html?id=7g5EAAAAIAAJ\">https:\/\/books.google.com\/books\/about\/Business_and_Government.html?id=7g5EAAAAIAAJ<\/a><\/p>\n\n\n\n<p class=\"\">Warren, <em>Herbert Hoover and the Great Depression<\/em><br><a href=\"https:\/\/archive.org\/details\/herberthoovergre0000warr_f2d0\">https:\/\/archive.org\/details\/herberthoovergre0000warr_f2d0<\/a><\/p>\n\n\n\n<p class=\"\">Divine, <em>American Immigration Policy, 1924-1952<\/em><br><a href=\"https:\/\/archive.org\/details\/americanimmigrat0000divi\/page\/n7\/mode\/2up\">https:\/\/archive.org\/details\/americanimmigrat0000divi\/page\/n7\/mode\/2up<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most of this part of the chapter is devoted to the efforts and agitation to reflate prices up to their pre-depression levels. Fortunately, quite a few of these efforts fizzled out, but enough made it into official policy that the economy suffered another blow at the end of the year, after a small uptick.<\/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":[3,4,2],"tags":[197,37,63,198,185,72,196,199],"class_list":["post-645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economics","category-political","category-video-link","tag-americas-great-depression","tag-economics","tag-fiat-money","tag-great-depression","tag-inflation","tag-politics","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\/645","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=645"}],"version-history":[{"count":3,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts\/645\/revisions"}],"predecessor-version":[{"id":793,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts\/645\/revisions\/793"}],"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=645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}