LARGE PRINT EDITION! More at LargePrintLiberty.com Need a short monograph on Austrian business cycle theory? This is the one to get.Murray Rothbard was the master of reducing complicated theories to their very essence while retaining theoretical rigor, and this essay is a case in point. It was written in 1969 and published in the form of a tiny book that achieved a huge circulation. It has not been in print since that time, but it is now back in this new release.It is thrilling how Rothbard is able to present the theory in an easy-to-digest format.Its continued relevance speaks to an aspect of the Austrian theory that other theories can't boast. It is a real theory that applies across time and place, and its persuasive power is not contingent on the particulars of any individual boom bust cycle.You will not only learn from this 50-page book; it is the perfect item to pass on to others who are wondering about the economic crisis of 2008 and following.

Hard Times presents a comprehensive account of economic depressions in America, from colonial times to the “great recession” that began in 2008. Striner conveys how Americans have always endured and rebounded from hard times, emerging as a stronger nation in the aftermath of each downturn.

The author of "The Age of Diminished Expectations" returns with a sobering tour of the global economic crises of the last two years.

America's Great Depression is the classic treatise on the 1930s Great Depression and its root causes. Author Rothbard blames government interventionist policies for magnifying the duration, breadth, and intensity of the Great Depression. He explains how government manipulation of the money supply sets the stage for the familiar "boom-bust" phases of the modern market which we know all too well. He then details the inflationary policies of the Federal Reserve from 1921 to 1929 as evidence that the depression was essentially caused not by speculation, but by government and central bank interference in the market. Clearly we find history tragically repeating itself today. A must-read.