Books about the causes of the Great Depression are numerous—and mostly flawed. Thomas Hall and David Ferguson’s book, The Great Depression: An International Disaster of Perverse Economic Policies, asks nearly all the right questions, making it an excellent starting point for further research.

Roger W. Garrison is Professor Emeritus of Economics at Auburn University.
American HistoryEconomic History and DevelopmentEconomic PolicyEconomyLabor and EmploymentLaw and LibertyRegulation
Other Independent Review articles by Roger W. Garrison
Winter 2011/12 Alchemy Leveraged: The Federal Reserve and Modern Finance
Summer 2003 Reflections on Reflections: A Consensus about the Great Depression?