United States History - 20th Century - 1901 to 1945, Executive Branch, Economic Policies, Economic History, U.S. Politics - History, Macroeconomics

FDR's folly

Name: FDR's folly
Author: Jim Powell
ISBN: 9780761501657

by Jim Powell

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Overview

In the minds of historians and the American public alike, Franklin Delano Roosevelt was one of our greatest presidents, not least because he supposedly saved America from the Great Depression. But as historian Jim Powell reveals in this groundbreaking book, Roosevelt's New Deal policies actually prolonged and exacerbated the economic disaster, swelled the federal government, and prevented the country from turning around quickly. You'll never again look at FDR in the same way.

About the Author, Jim Powell

JIM POWELL, editor of Laissez Faire Books, has been a senior fellow at the Cato Institute since 1988. He is the author of the bestselling book The Triumph of Liberty, which the Wall Street Journal called “a literary achievement,” and he has written more than 400 articles for the New York Times, the Wall Street Journal, the Chicago Tribune, Money magazine, Reason, and numerous other national publications. A world-renowned historian, Mr. Powell studied under Daniel Boorstin and William McNeill at the University of Chicago, and he has lectured across the United States as well as in England, Germany, Japan, Brazil, and Argentina. He lives in Connecticut.

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Editorials

Forbes Magazine

This is the most searing indictment yet of Franklin Roosevelt's economic policies during the 1930s. Powell argues that both FDR and Herbert Hoover have much to answer for--Hoover for bringing on and FDR for prolonging the Great Depression, the worst economic smashup in American history. (25 Apr 2005)
—Steve Forbes