It Didn't Have to Be This Way: Why Boom and Bust Is Unnecessary-and How the Austrian School of Economics Breaks the Cycle (Culture of Enterprise)
“Harry Veryser providesan excellent introduction to the Austrian School of economics and an excellent account of the economic history of the twentieth century, chronicling the rise, fall, and (hopefully) rebirth of classical liberalism or libertarianism.I highly recommend this bookto the growing number of Americans interested in learning more about sound economics.”—RON PAUL, bestselling author ofEnd the FedandLiberty Defined“I am blown away by how much ground Harry Veryser covers in this important book, and how skillfully he covers it. This book will give you a quick yet solid grounding in the recent financial crisis, U.S. and world economic history, the history of economic thought, and more.I strongly recommend it.”—THOMAS E. WOODS JR., bestselling author ofMeltdown, senior fellow of the Ludwig von Mises Institute“Too much of mainstream economics is rooted in dubious presumptions and outright error; at the same time it’s adorned with equations that provide a thin veneer of mathematical precision. If the insights of the Austrian School had come to dominate the profession in the past century as I expect they will in the future, many calamities could have been avoided.Harry Veryser has given us a book that not only tells all of us what we need to learn but also provides economists with truths they should never have forgotten.”—LAWRENCE W. REED, president of the Foundation for Economic Education“Harry Veryser has written an excellent booknot only on Austrian economics but also on a century and a half of economic history. His is a penetrating analysis of the most recent economic crisis. Professor Veryser’s careful analysis of the case for the gold standard is, in itself, outstanding scholarship.”—LEWIS E. LEHRMAN, cofounder of the Gilder Lehrman Institute of American History, author ofThe True Gold Standard“Professor Harry Veryser is in the forefront of teaching sound economics in the tradition of the Austrian School. In this much-anticipated book, he powerfully demonstrates how much further advanced the United States and the world would be if our leaders had followed the grand principles of sound money and free markets.I love every page of this book.”—MARK SKOUSEN, editor ofForecasts & Strategies, author ofInvesting in One Lesson