The 1920s had difficulties, but the depth of the Great Depression was in 1931. Any theory of boom-bust events must ask why so many entrepreneurs made terrible errors in a cluster. Why do busts hit capital goods industries harder than they do consumer goods industries?

5. The Great Depression, World War II, and American Prosperity, Part I

Thomas E. Woods, Jr. presents this seminar covering the material in his books, and details and defends the Jeffersonian-Rothbardian perspective. Here is the cutting edge of libertarian history that completely rethinks the meaning and impact of the welfare-warfare state.

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5. The Great Depression, World War II, and American Prosperity, Part I

5. The Great Depression, World War II, and American Prosperity, Part I

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