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Only the Austrians Can Explain Depressions | Robert P. Murphy

The Federal Reserve has had long enough to demonstrate its use to the American economy. The latest economic crisis alone is enough to discredit its claims as the great stabilizer. There is the long history of devastating inflation, the government spending it funds, the wars and welfare that are made possible by its printing presses, and also the conflicts of interest and corruptions it introduces into public life. We can do without the central bank. We don’t need the Fed. Our money and our future would be more assured without it. In this conference, the Mises Institute returns to the founding home of the Fed, cobbled together in secret at the Jekyll Island Resort in Georgia, under the guise of a “duck hunting expedition.”

Playlist for complete “The Birth and Death of the Fed” conference: https://tinyurl.com/ya7gozyn

For more on the Federal Reserve, read Murray N. Rothbard’s “The Case Against the Fed”: http://tinyurl.com/qbr9twj
Audio version: http://tinyurl.com/na9ds33

Also check out Rothbard’s other books on central banking:

What Has Government Done to Our Money?
http://tinyurl.com/p3mkr6z
Audio version: http://tinyurl.com/pku6eyp

A History of Money and Banking in the United States
http://tinyurl.com/ot23t9p
Audio version: http://tinyurl.com/o8xj73s

Economic Depressions: Their Cause and Cure
http://tinyurl.com/ogo5ku2
Audio version: http://tinyurl.com/ycyjqqah

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Links to selected online books and essays about Austrian Economics:

What is Austrian Economics?
https://tinyurl.com/ydxv8cfo

Human Action: A Treatise on Economics
https://tinyurl.com/yapklreq
Audio version: http://tinyurl.com/ab8wx88

The Theory of Money and Credit
https://tinyurl.com/yabb5jt2
Audio version: https://tinyurl.com/y7shhbdq

Man, Economy, and State
https://tinyurl.com/y8zg569h
Audio version: http://tinyurl.com/axhdzg3

Economic Thought Before Adam Smith: An Austrian Perspective on the History of Economic Thought, Volume I
https://tinyurl.com/y7qt7de7
Audio version: http://tinyurl.com/a3obfgu

Classical Economics: An Austrian Perspective on the History of Economic Thought, Volume II
https://tinyurl.com/y8rznd4z
Audio version: http://tinyurl.com/bd44b6s

Bureaucracy
https://tinyurl.com/y7xzgs3v
Audio version: http://tinyurl.com/yasf8gld

The Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions
https://tinyurl.com/yagraqj3
Audio version: https://tinyurl.com/y9ajba8k

Praxeology: The Methodology of Austrian Economics
https://tinyurl.com/pf46rtk

The Anti-Capitalistic Mentality
https://tinyurl.com/y7c7rejh

Economic Freedom and Interventionism
https://tinyurl.com/ybg2kj2y

Liberty and Property
https://tinyurl.com/y7qa3e56

Marxism Unmasked: From Delusion to Destruction
https://tinyurl.com/y8og9r4f

Interventionism: An Economic Analysis
https://tinyurl.com/yaubmmgo

Socialism: An Economic and Sociological Analysis
https://tinyurl.com/q2sq87w

Biography of Ludwig von Mises (1881-1973)
https://tinyurl.com/yc8nbhq6

Biography of Murray N. Rothbard (1926-1995)
https://tinyurl.com/yd3zzsad

The Genius of Carl Menger
https://tinyurl.com/ya79lmxa

The Life and Works of Böhm-Bawerk
https://tinyurl.com/ybkf2zhk

Ludwig von Mises on Money and Inflation
https://tinyurl.com/y7apgclc

Ludwig von Mises and the Austrian School of Economics
http://tinyurl.com/yavecrju

Why Austrian Economics Matters
https://tinyurl.com/y7xhoajq

Mises and the Renaissance of Austrian Economics
https://tinyurl.com/yc546zn3

Austrian Economics and Classical Liberalism
https://tinyurl.com/ydcv8gup

Austrian Economics as Extraordinary Science
https://tinyurl.com/ydytw3g9

Economic Science and the Austrian Method
https://tinyurl.com/y8lgyzta

The Austrian Theory of the Trade Cycle
https://tinyurl.com/ydfjbzj8

Philosophical and Ethical Implications of Austrian Economics
https://tinyurl.com/y8mnnpbn

The Place of Human Action in the Development of Modern Economic Thought
https://tinyurl.com/y769gmlm

Austrian Macroeconomics: A Diagrammatical Exposition
https://tinyurl.com/y9j8w9m4

The Austrian School’s Critique of Marxism
https://tinyurl.com/y953q93g

Methodology of the Austrian School Economists
https://tinyurl.com/yd2flgaq

Control or Economic Law
https://tinyurl.com/y8ozd3w5

The Positive Theory of Capital
https://tinyurl.com/y92hxwpz

Principles of Economics
https://tinyurl.com/ybq5h58v

Individualism and Economic Order
https://tinyurl.com/jtf5aqr

The Pure Theory of Capital
https://tinyurl.com/yaxgjz53

Monetary Nationalism and International Stability
https://tinyurl.com/jpuu3c6

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DISCLAIMER: This audio presentation is owned by the Ludwig von Mises Institute and is protected under Creative Commons license (CC BY-NC-ND 3.0). http://creativecommons.org/licenses/by-nc-nd/3.0/

This YouTube channel is in no way endorsed by or affiliated with the Mises Institute, any of its scholars or staff members.

Are you the author?
Robert P. Murphy
Robert P. Murphy is a Senior Fellow with the Mises Institute. He is the author of many books. His latest is Contra Krugman: Smashing the Errors of America's Most Famous Keynesian. His other works include Chaos Theory, Lessons for the Young Economist, and Choice: Cooperation, Enterprise, and Human Action (Independent Institute, 2015) which is a modern distillation of the essentials of Mises's thought for the layperson. Murphy is co-host, with Tom Woods, of the popular podcast Contra Krugman, which is a weekly refutation of Paul Krugman's New York Times column. He is also host of The Bob Murphy Show.
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