{"id":651,"date":"2024-10-16T00:02:25","date_gmt":"2024-10-16T06:02:25","guid":{"rendered":"https:\/\/marginalnonhermit.com\/?p=651"},"modified":"2025-05-14T16:21:25","modified_gmt":"2025-05-14T22:21:25","slug":"rothbards-americas-great-depression-chapter-twelve","status":"publish","type":"post","link":"https:\/\/marginalnonhermit.com\/?p=651","title":{"rendered":"Rothbard&#8217;s <i>America&#8217;s Great Depression<\/i>, Chapter Twelve"},"content":{"rendered":"\n<iframe id=\"odysee-iframe\" style=\"width:100%; aspect-ratio:16 \/ 9;\" src=\"https:\/\/odysee.com\/$\/embed\/@MarginalNonHermit:3\/Am-Gt-Dep-Ch12:4?r=8gvoByECHNgc2BfQ5o91oxf89bpi1Ui4\" allowfullscreen><\/iframe>\n\n\n\n<p class=\"\">Chapter 12 is the wrap-up, about the last few months of Hoover&#8217;s term and Hoover&#8217;s unwarranted confidence in his actions. Along for the ride are some overall statistics from the start of the depression until he left office as well. There are also some ominous references to FDR&#8217;s incoming New Deal.<\/p>\n\n\n\n<p class=\"\">See my show notes <a href=\"https:\/\/marginalnonhermit.com\/wp-content\/uploads\/2024\/10\/rothbard-depression-notes-ch12.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 available on <a href=\"https:\/\/odysee.com\/@MarginalNonHermit:3\/Am-Gt-Dep-Ch12:4\">Odysee<\/a>, <a href=\"https:\/\/old.bitchute.com\/video\/unKOqdky7BTj\/\">BitChute<\/a>, and <a href=\"https:\/\/youtu.be\/nLkTsCLkiDA\">YouTube<\/a>.<\/p>\n\n\n\n<p class=\"\"><span style=\"text-decoration: underline;\">References<\/span><\/p>\n\n\n\n<p class=\"\">Saloutos, <em>Agricultural Discontent in the Middle West&#8230;<\/em><br><a href=\"https:\/\/archive.org\/details\/agriculturaldisc00salorich\">https:\/\/archive.org\/details\/agriculturaldisc00salorich<\/a><\/p>\n\n\n\n<p class=\"\">Fisher, <em>100 Percent Money<\/em><br><a href=\"https:\/\/cdn.mises.org\/100%20Percent%20Money_Fisher.pdf\">https:\/\/cdn.mises.org\/100%20Percent%20Money_Fisher.pdf<\/a><\/p>\n\n\n\n<p class=\"\">Jones, <em>Fifty Billion Dollars&#8230;<\/em><br><a href=\"https:\/\/books.google.com\/books\/about\/Fifty_Billion_Dollars.html?id=Ql8UAQAAMAAJ\n\">https:\/\/books.google.com\/books\/about\/Fifty_Billion_Dollars.html?id=Ql8UAQAAMAAJ<br><\/a><br><a href=\"https:\/\/archive.org\/details\/fiftybilliondoll0000jone\">https:\/\/archive.org\/details\/fiftybilliondoll0000jone<\/a><\/p>\n\n\n\n<p class=\"\">Clark, <em>Central Banking Under the Federal Reserve System<\/em><br><a href=\"https:\/\/fraser.stlouisfed.org\/title\/central-banking-federal-reserve-system-314\">https:\/\/fraser.stlouisfed.org\/title\/central-banking-federal-reserve-system-314<\/a><\/p>\n\n\n\n<p class=\"\">Anderson, <em>Economics and the Public Welfare<\/em><br><a href=\"https:\/\/archive.org\/details\/economicspublicw0000ande\/page\/n3\/mode\/2up\">https:\/\/archive.org\/details\/economicspublicw0000ande\/page\/n3\/mode\/2up<\/a><\/p>\n\n\n\n<p class=\"\">Willis, <em>The Banking Situation<\/em><br><a href=\"https:\/\/www.degruyter.com\/document\/doi\/10.7312\/will93128-fm\/pdf\">https:\/\/www.degruyter.com\/document\/doi\/10.7312\/will93128-fm\/pdf<\/a><\/p>\n\n\n\n<p class=\"\">Angly, <em>Oh Yeah?<\/em><br><a href=\"https:\/\/books.google.com\/books\/about\/Oh_Yeah.html?id=rTWMAAAACAAJ\">https:\/\/books.google.com\/books\/about\/Oh_Yeah.html?id=rTWMAAAACAAJ<\/a><\/p>\n\n\n\n<p class=\"\">Kent Cooper, <em>Kent Cooper and the Associated Press<\/em><br><a href=\"https:\/\/archive.org\/details\/kentcooperassoci0000coop\">https:\/\/archive.org\/details\/kentcooperassoci0000coop<\/a><\/p>\n\n\n\n<p class=\"\">Ayres, <em>The Chief Cause of This and Other Depressions<\/em><br><a href=\"https:\/\/books.google.com\/books\/about\/The_Chief_Cause_of_This_and_Other_Depres.html?id=DpVszwEACAAJ\">https:\/\/books.google.com\/books\/about\/The_Chief_Cause_of_This_and_Other_Depres.html?id=DpVszwEACAAJ<\/a><\/p>\n\n\n\n<p class=\"\">Phillips, <em>Banking and the Business Cycle<\/em><br><a href=\"https:\/\/mises.org\/library\/book\/banking-and-business-cycle\">https:\/\/mises.org\/library\/book\/banking-and-business-cycle<\/a><\/p>\n\n\n\n<p class=\"\">Davies, <em>Depression and Recovery<\/em><br><a href=\"https:\/\/archive.org\/details\/depressionrecove0000dale\n\">https:\/\/archive.org\/details\/depressionrecove0000dale<br><\/a><br><a href=\"https:\/\/books.google.com\/books\/about\/Depression_and_Recovery.html?id=E8ovAAAAYAAJ\">https:\/\/books.google.com\/books\/about\/Depression_and_Recovery.html?id=E8ovAAAAYAAJ<\/a><\/p>\n\n\n\n<p class=\"\">National Industrial Conference Board, <em>Salary and Wage Policy in the Depression<\/em><br><a href=\"https:\/\/archive.org\/details\/salarywagepolicy0000unse\/page\/n3\/mode\/2up\">https:\/\/archive.org\/details\/salarywagepolicy0000unse\/page\/n3\/mode\/2up<\/a><\/p>\n\n\n\n<p class=\"\">Levinson, <em>Unionism, Wage Trends, and Income Distribution<\/em><br><a href=\"https:\/\/books.google.com\/books\/about\/Unionism_Wage_Trends_and_Income_Distribu.html?id=oamMAAAAIAAJ\">https:\/\/books.google.com\/books\/about\/Unionism_Wage_Trends_and_Income_Distribu.html?id=oamMAAAAIAAJ<\/a><\/p>\n\n\n\n<p class=\"\">Morris, <em>The AFL in the 1920s: A Strategy of Defense<\/em><br><a href=\"https:\/\/www.jstor.org\/stable\/2519356\">https:\/\/www.jstor.org\/stable\/2519356<\/a><\/p>\n\n\n\n<p class=\"\"><em>Monthly Labor Review<\/em> <strong>35<\/strong> (3)<br><a href=\"https:\/\/fraser.stlouisfed.org\/title\/monthly-labor-review-6130\/september-1932-608220?page=25\">https:\/\/fraser.stlouisfed.org\/title\/monthly-labor-review-6130\/september-1932-608220?page=25<\/a><\/p>\n\n\n\n<p class=\"\"><em>Monthly Labor Review<\/em> <strong>35<\/strong> (4)<br><a href=\"https:\/\/fraser.stlouisfed.org\/title\/monthly-labor-review-6130\/october-1932-608221?page=8\">https:\/\/fraser.stlouisfed.org\/title\/monthly-labor-review-6130\/october-1932-608221?page=8<\/a><\/p>\n\n\n\n<p class=\"\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chapter 12 is the wrap-up, about the last few months of Hoover&#8217;s term and Hoover&#8217;s unwarranted confidence in his actions. Along for the ride are some overall statistics from the start of the depression until he left office as well. There are also some ominous references to FDR&#8217;s incoming New Deal. See my show notes [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":487,"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":[197,37,63,198,72,196,199],"class_list":["post-651","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-politics","tag-rothbard","tag-study-guide"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/marginalnonhermit.com\/wp-content\/uploads\/2023\/12\/Rothbard_70s.jpg?fit=445%2C576&ssl=1","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts\/651","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=651"}],"version-history":[{"count":3,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts\/651\/revisions"}],"predecessor-version":[{"id":794,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts\/651\/revisions\/794"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/media\/487"}],"wp:attachment":[{"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}