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The Panic of 1819 exerted a profound effect on American economic thought. As the first great financial depression, similar to a modern expansion-depression pattern, the panic heightened interest in economic problems, and particularly those problems related to the causes and cures of depressed conditions.
Murray Rothbard
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"The Panic of 1819 exerted a profound effect on American economic thought. As the first great financial depression, similar to a modern expansion-depression pattern, the panic heightened interest in economic problems, and particularly those problems related to the causes and cures of depressed conditions."
— Murray Rothbard #moneywealth

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The Panic of 1819 exerted a profound effect on American economic thought. As the first great f…

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The Panic of 1819 exerted a profound effect on American economic thought. As the first great financial depression, similar to a modern expansion-depression pattern, the panic heightened interest in economic problems, and particularly those problems related to the causes and cures of depressed conditions. — Murray Rothbard

About Murray Rothbard

Murray Rothbard was a Economist from United States (1926–1995).

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Who said "The Panic of 1819 exerted a profound effect on American economic thought. As th…"?
This quote is attributed to Murray Rothbard, a Economist from United States.
When did Murray Rothbard live?
Murray Rothbard lived from 1926 – 1995.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.