Tim Price takes lessons from the 30's and Murray Rothbard

Tim Price of The Price Of Everything draws lessons from the great depression and Murray Rothbard in this post.

One exerpt:

But the savaging of fractional
reserve banking is only a small part of the message of Rothbard’s “America’s
Great Depression”. Contrary to the received wisdom that interventionist
government (under, Rothbard points out, the administration of Herbert Hoover
for some years before Roosevelt took the presidency) ameliorates and
foreshortens a dismal business depression, Rothbard suggests that the very
intervention so clamorously called for (both then and now) actually extends
and amplifies
it: