Description

Book Synopsis
“Admirers of FDR credit his New Deal with restoring the American economy after the disastrous contraction of 1929—33. Truth to tell-as Powell demonstrates without a shadow of a doubt-the New Deal hampered recovery from the contraction, prolonged and added to unemployment, and set the stage for ever more intrusive and costly government. Powell’s analysis is thoroughly documented, relying on an impressive variety of popular and academic literature both contemporary and historical.”
-Milton Friedman, Nobel Laureate, Hoover Institution

“There is a critical and often forgotten difference between disaster and tragedy. Disasters happen to us all, no matter what we do. Tragedies are brought upon ourselves by hubris. The Depression of the 1930s would have been a brief disaster if it hadn’t been for the national tragedy of the New Deal. Jim Powell has proven this.”
-P.J. O’Rourke, author of Parliament of Whores and

Fdrs Folly How Roosevelt and His New Deal Prolonged the Great Depression

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    A Paperback by Jim Powell

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      View other formats and editions of Fdrs Folly How Roosevelt and His New Deal Prolonged the Great Depression by Jim Powell

      Publisher: The Crown Publishing Group
      Publication Date: 9/28/2004 12:00:00 AM
      ISBN13: 9781400054770, 978-1400054770
      ISBN10: 140005477X
      Also in:
      Political leaders and leadership

      Description

      Book Synopsis
      “Admirers of FDR credit his New Deal with restoring the American economy after the disastrous contraction of 1929—33. Truth to tell-as Powell demonstrates without a shadow of a doubt-the New Deal hampered recovery from the contraction, prolonged and added to unemployment, and set the stage for ever more intrusive and costly government. Powell’s analysis is thoroughly documented, relying on an impressive variety of popular and academic literature both contemporary and historical.”
      -Milton Friedman, Nobel Laureate, Hoover Institution

      “There is a critical and often forgotten difference between disaster and tragedy. Disasters happen to us all, no matter what we do. Tragedies are brought upon ourselves by hubris. The Depression of the 1930s would have been a brief disaster if it hadn’t been for the national tragedy of the New Deal. Jim Powell has proven this.”
      -P.J. O’Rourke, author of Parliament of Whores and

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