I’m hoping someone can help me find something I read a few weeks back. It was an essay on Austrian School economics. I think it was written by Mises or Rothbard but I could be mistaken. It described a time like our own where as government becomes more and more desperate to prop up its economy it resorts to buying everything (like nationalizing the banks). It may have been describing the crack up boom.
Any help locating the piece will be greatly appreciated.
I really wanted to help, but your question is vague - plus, it may have shown up here ‘recently’ but it certainly wasn’t written recently if it was by Rothbard or Mises. I’m no authority yet, but I’m pretty sure they didn’t write fiction. The Austrian POV on “The Great Depression” from what I’ve learned the last 6 months or so is that the Roosevelt administration wrongly believed that depressions were caused by low prices. So, considering current events, a great many Mises Daily articles will tell similar stories, and I think many draw from Rothbard’s America’s Great Depression and John T. Flynn’s The Roosevelt Myth.