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Oil Crisis - 1973, 1979

Oil Crisis - 1973, 1979

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dietwald Posted: Sat, Jan 26 2008 9:48 PM

If anybody has a good description on government responses to the oil crisis during the 1970s, preferrably from an Austrian perspective but WITH data, I'd be very much obliged. Thank you. 

"There can be no truly moral choice unless that choice is made in freedom" Murray N. Rothbard
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Deist replied on Sun, Jan 27 2008 12:47 PM

Well alot of it had to do with Government price Controls on oil which caused all sorts of shortage problems.  Here is one link from Mises.org about it and another from Cato.org:

http://www.mises.org/story/1519

http://www.cato.org/pub_display.php?pub_id=3272

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jtucker replied on Sun, Jan 27 2008 10:40 PM

Nothing, absolutely nothing, is as great on this topic as Reisman's Government Against the Economy.  

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dietwald replied on Mon, Jan 28 2008 1:15 AM

Thanks to both of you, and I just ordered the Reisman book through Interlibrary :)

 

"There can be no truly moral choice unless that choice is made in freedom" Murray N. Rothbard
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