>I know of no better book on the economic dynamics of the 1920s boom and early 1930s bust in the United States. I know about several other excellent books that every student of economics and economic history should read on the same topics, but if I could recommend only a single book to an aspiring economist, or even to an interested lay reader, this is the one I would recommend. FULL ARTICLE
Source link: http://archive.mises.org/10543/banking-and-the-business-cycle/
Banking and the Business Cycle
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Thanks for the heads-up; I’ve added this book to my (very long!) Mises Institute-inspired reading list!
Dr. Higgs,
Thank you very much for the recommendation. Rothbard recommended it in his America’s Great Depression. I thought perhaps his book made it redundant. But from your recommendation and the posts you quote I can see it is clearly an incredible book. I will purchase it shortly. Thank you.
http://mises.org/books/bankingbusinesscycle.pdf
Sag,
You can read it online for free at that link. There are some things about the Mises Institute that are helpful to me. Among them is the archive of pdf documents, and keeping in print things that otherwise might not be. That is especially true for the stuff published before 1950 or so. I will keep this reading suggestion in mind for the future.
It is very hard to find these kind of books in Romania. We’ve just had “Human Action” translated by some people. Hayek, I think, has two books translated, but none from his economics.
So I’ve seen that Mises.org sends books world wide, and uses Paypal. A very smart thing, compared with Liberty Fund for example. They have good and cheep books too, but I cannot buy them.
Anyway, from a future customer, thank you very much. I’ve learned a lot from the pdf’s I’ve downloaded from this site, but I like books. It’s the feeling of it I guess.
PS: does anyone know how much the shipping costs? From USA to Romania?
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