FDR's Folly: How Roosevelt and His New Deal Prolonged the Great Depression (by Jim Powell)


Author(s): Jim Powell

Publisher: Crown Forum
Publish date: 2003-09-23
ISBN-10: 0761501657
ISBN-13: 9780761501657
Language: English
Description: “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… more…

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