I've watched the first two parts of this, and he hasn't even started on the great depression yet, just given an overview of the Austrian school view of central banking, which I'm already familiar with. I think I really need to read his book rather than watch the videos anyway, and suggest you do the same if you are interested in this, because you not only get the arguments, but can see how well they are justified by the evidence. Unfortunately no library in my area has a copy, probably because its fairly new. But I'll try to get one on interlibrary loan.
Those of you who do have an interest in understanding the great depression and its relevance to the events taking place today might also be interested in a couple of articles that appeared in spiked earlier this year. One of them discusses various competing theories of the depression, (including Murphy's):
http://www.spiked-online.com/index.php/site/reviewofbooks_article/6603/
The other is a critique of Roosevelt's New Deal
http://www.spiked-online.com/index.php/site/reviewofbooks_article/6893/
happy reading
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