Lionel Robbins's The Great Depression (Macmillan, 1934) is one of the great economic works of our time.  Its greatness lies not so much in originality of economic thought, as in the application of the best economic thought to the explanation of the cataclysmic phenomena of the Great Depression.  This is unquestionably the best work published on the Great Depression.  …  To his work, Robbins brought a clarity and polish of style that I believe to be unequalled among any economists, past or present.  Robbins is the premier economic stylist.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Lionel Robbins's The Great Depression (Macmillan, 1934) is one of the great economic works of our time.  Its greatness lies not so much in originality of economic thought, as in the application of the best economic thought to the explanation of the cataclysmic phenomena of the Great Depression.  This is unquestionably the best work published on the Great Depression.  …  To his work, Robbins brought a clarity and polish of style that I believe to be unequalled among any economists, past or present.  Robbins is the premier economic stylist." in the context of "Murray N. Rothbard to the William Volker Fund, "Did Capitalism Cause the Great Depression?," (14 November 1959)." to mean that wisdom is timeless.