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Economics and the Public Welfare [Kindle Edition]

Benjamin Anderson
5.0 out of 5 stars  See all reviews (1 customer review)

Kindle Price: $2.99

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Book Description

Here is a contemporaneous account of the economic history of the first half of the 20th century, by an American adherent of the Austrian School. Covered in these pages is the inflation of World War I and following, the 1920s boom, and the onset and calamity of the Great Depression. Anderson was not only a trained economist but an accomplished journalist who wrote with a flair for exciting detail. He is objective about the facts but passionate in his analysis of cause and effect.
He not only recorded the events; he participated in them as a working free-market economist. When this book appeared in 1948, it did not receive the attention it deserves, owing to the popularity of Keynesian theory.

Today, however, we can see the enormous value of Anderson's account, as proof that some economists did indeed understand the disasters wrought by central planning and central bank monetary management. It's no wonder that Mises and Hazlitt thought so highly of him and his work.


Product Details

  • File Size: 1185 KB
  • Print Length: 712 pages
  • Simultaneous Device Usage: Unlimited
  • Publisher: Ludwig von Mises Institute (October 9, 2012)
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B009SYLBAW
  • Text-to-Speech: Enabled
  • X-Ray:
  • Lending: Enabled
  • Amazon Best Sellers Rank: #582,574 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Format:Kindle Edition|Verified Purchase
The best book ever written about the "Great Depression." Should be required reading for the politicians trying to solve the problems of our current "Great Recession." It certainly demonstrates that History does repeat itself.
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