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The Great Depression and the New Deal. For generations, the collective American consciousness has believed that the former ruined the country and the latter saved it. Endless praise has been heaped upon President Franklin Delano Roosevelt for masterfully reining in the Depression’s destructive effects and propping up the country on his New Deal platform. In fact, FDR has achieved mythical status in American history and is considered to be, along with Washington, Jefferson, and Lincoln, one of the greatest presidents of all time. But would the Great Depression have been so catastrophic had the New Deal never been implemented? In FDR’s Folly, historian Jim Powell argues that it was in fact the New Deal itself, with its shortsighted programs, that deepened the Great Depression, swelled the federal government, and prevented the country from turning around quickly. You’ll discover in alarming detail how FDR’s federal programs hurt America more than helped it, with effects we still feel today, including: • How Social Security actually increased unemployment • How higher taxes undermined good businesses • How new labor laws threw people out of work • And much more This groundbreaking book pulls back the shroud of awe and the cloak of time enveloping FDR to prove convincingly how flawed his economic policies actually were, despite his good intentions and the astounding intellect of his circle of advisers. In today’s turbulent domestic and global environment, eerily similar to that of the 1930s, it’s more important than ever before to uncover and understand the truth of our history, lest we be doomed to repeat it.
“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 Eat the Rich “The material laid out in this book desperately needs to be available to a much wider audience than the ranks of professional economists and economic historians, if policy confusion similar to the New Deal is to be avoided in the future.” –James M. Buchanan, Nobel Laureate, George Mason University “I found Jim Powell’s book fascinating. I think he has written an important story, one that definitely needs telling.” –Thomas Fleming, author of The New Dealers’ War “Jim Powell is one tough-minded historian, willing to let the chips fall where they may. That’s a rare quality these days, hence more valuable than ever. He lets the history do the talking.” –David Landes, Professor of History Emeritus, Harvard University “Jim Powell draws together voluminous economic research on the effects of all of Roosevelt’s major policies. Along the way, Powell gives fascinating thumbnail sketches of the major players. The result is a devastating indictment, compellingly told. Those who think that government intervention helped get the U.S. economy out of the depression should read this book.” –David R. Henderson, editor of The Fortune Encyclopedia of Economics and author of The Joy of Freedom The Great Depression and the New Deal. For generations, the collective American consciousness has believed that the former ruined the country and the latter saved it. Endless praise has been heaped upon President Franklin Delano Roosevelt for masterfully reining in the Depression’s destructive effects and propping up the country on his New Deal platform. In fact, FDR has achieved mythical status in American history and is considered to be, along with Washington, Jefferson, and Lincoln, one of the greatest presidents of all time. But would the Great Depression have been so catastrophic had the New Deal never been implemented? In FDR’s Folly, historian Jim Powell argues that it was in fact the New Deal itself, with its shortsighted programs, that deepened the Great Depression, swelled the federal government, and prevented the country from turning around quickly. You’ll discover in alarming detail how FDR’s federal programs hurt America more than helped it, with effects we still feel today, including: • How Social Security actually increased unemployment • How higher taxes undermined good businesses • How new labor laws threw people out of work • And much more This groundbreaking book pulls back the shroud of awe and the cloak of time enveloping FDR to prove convincingly how flawed his economic policies actually were, despite his good intentions and the astounding intellect of his circle of advisers. In today’s turbulent domestic and global environment, eerily similar to that of the 1930s, it’s more important than ever before to uncover and understand the truth of our history, lest we be doomed to repeat it.
ultimately elevating public opinion of his administration but falling flat in achieving the economic revitalization that America so desperately needed from the Great Depression. Folsom takes a critical, revisionist look at Roosevelt's presidency, his economic policies, and his personal life. Elected in 1932 on a buoyant tide of promises to balance the increasingly uncontrollable national budget and reduce the catastrophic unemployment rate, the charismatic thirty-second president not only neglected to pursue those goals, he made dramatic changes to federal programming that directly contradicted his campaign promises. Price fixing, court packing, regressive taxes, and patronism were all hidden inside the alphabet soup of his popular New Deal, putting a financial strain on the already suffering lower classes and discouraging the upper classes from taking business risks that potentially could have jostled national cash flow from dormancy.
In this dramatic and authoritative account, the author shows how Franklin Delano Roosevelt used his famous "fear itself" speech and the first 100 days in office to lift the country from despair and paralysis and transform the American presidency.
Franklin Delano Roosevelt stands astride American history like a colossus, having pulled the nation out of the Great Depression and led it to victory in the Second World War. Elected to four terms as president, he transformed an inward-looking country into the greatest superpower the world had ever known. Only Abraham Lincoln did more to save America from destruction. But FDR is such a large figure that historians tend to take him as part of the landscape, focusing on smaller aspects of his achievements or carping about where he ought to have done things differently. Few have tried to assess the totality of FDR's life and career. Conrad Black rises to the challenge. In this magisterial biography, Black makes the case that FDR was the most important person of the twentieth century, transforming his nation and the world through his unparalleled skill as a domestic politician, war leader, strategist, and global visionary--all of which he accomplished despite a physical infirmity that could easily have ended his public life at age thirty-nine. Black also takes on the great critics of FDR, especially those who accuse him of betraying the West at Yalta. Black opens a new chapter in our understanding of this great man, whose example is even more inspiring as a new generation embarks on its own rendezvous with destiny.
FDR Goes to War by Burton W. Folsom,Anita Folsom Pdf
From the acclaimed author of New Deal or Raw Deal?, called “eye-opening” by the National Review, comes a fascinating exposé of Franklin Delano Roosevelt’s destructive wartime legacy—and its adverse impact on America’s economic and foreign policies today. Did World War II really end the Great Depression—or did President Franklin Roosevelt’s poor judgment and confused management leave Congress with a devastating fiscal mess after the final bomb was dropped? In this provocative new book, historians Burton W. Folsom, Jr., and Anita Folsom make a compelling case that FDR’s presidency led to evasive and self-serving wartime policies. At a time when most Americans held isolationist sentiments—a backlash against the stunning carnage of World War I—Roosevelt secretly favored an aggressive interventionist foreign policy. Yet, throughout the 1930s, he spent lavishly on his disastrous New Deal programs and slashed defense spending, leaving America vastly unprepared for Japan’s attack on Pearl Harbor and the challenge of fighting World War II. History books tell us the wartime economy was a boon, thanks to massive government spending. But the skyrocketing national debt, food rations, nonexistent luxuries, crippling taxes, labor strikes, and dangerous work of the time tell a different story—one that is hardly the stuff of recovery. Instead, the war ushered in a new era of imperialism for the executive branch. Roosevelt seized private property, conducted illegal wiretaps, tried to silence domestic opposition, and interned 110,000 Japanese Americans. He set a dangerous precedent for entangling alliances in foreign affairs, including his remarkable courtship of Russian dictator Joseph Stalin, while millions of Americans showed the courage, perseverance, and fortitude to make the weapons and fight the war. Was Roosevelt a great wartime leader, as historians almost unanimously assert? The Folsoms offer a thought-provoking revision of his controversial legacy. FDR Goes to War will make America take a second look at one of its most complicated presidents.
Franklin D. Roosevelt and the New Deal by William E. Leuchtenburg Pdf
When the stability of American life was threatened by the Great Depression, the decisive and visionary policy contained in FDR's New Deal offered America a way forward. In this groundbreaking work, William E. Leuchtenburg traces the evolution of what was both the most controversial and effective socioeconomic initiative ever undertaken in the United States—and explains how the social fabric of American life was forever altered. It offers illuminating lessons on the challenges of economic transformation—for our time and for all time.
What Hath TR Wrought? “I don’t think that any harm comes from the concentration of power in one man’s hands.” —Theodore Roosevelt The notion that Theodore Roosevelt was one of America’s greatest presidents is literally carved in stone—right up there on Mount Rushmore. But as historian Jim Powell shows in the refreshingly original Bully Boy, Roosevelt’s toothy grin, outsized personality, colossal energy, and fascinating life story have obscured what he actually did as president. And what Roosevelt did severely damaged the United States. Until now, no historian has thoroughly rebutted the adulation so widely accorded to TR. Powell digs beneath the surface to expose the harm Roosevelt did to the country in his own era. More important, he examines the lasting consequences of Roosevelt’s actions—the legacies of big government, expanded presidential power, and foreign interventionism that plague us today. Bully Boy reveals: • How Roosevelt, the celebrated “trust-buster,” actually promoted monopolies • How this self-proclaimed champion of conservation caused untold environmental destruction • How TR expanded presidential power and brought us big government • How he heralded in the era of government regulation, handicapping employers, destroying jobs, and harming consumers • How he established the dangerous precedent of pushing America into other people’s wars even when our own national interests aren’t at stake • How this crusader for “pure food” launched loony campaigns against margarine, corn syrup, and Coca-Cola • How Roosevelt inspired the campaign to enact a federal income tax that was supposedly a tax on the rich but became a people’s tax Bully Boy is both a groundbreaking look at a pivotal time in America’s history and a powerful explanation of how so many of our modern troubles began.
NATIONAL BESTSELLER - "A model presidential biography... Now, at last, we have a biography that is right for the man" - Jonathan Yardley, The Washington Post Book World One of today’s premier biographers has written a modern, comprehensive, indeed ultimate book on the epic life of Franklin Delano Roosevelt. In this superlative volume, Jean Edward Smith combines contemporary scholarship and a broad range of primary source material to provide an engrossing narrative of one of America’s greatest presidents. This is a portrait painted in broad strokes and fine details. We see how Roosevelt’ s restless energy, fierce intellect, personal magnetism, and ability to project effortless grace permitted him to master countless challenges throughout his life. Smith recounts FDR’s battles with polio and physical disability, and how these experiences helped forge the resolve that FDR used to surmount the economic turmoil of the Great Depression and the wartime threat of totalitarianism. Here also is FDR’s private life depicted with unprecedented candor and nuance, with close attention paid to the four women who molded his personality and helped to inform his worldview: His mother, Sara Delano Roosevelt, formidable yet ever supportive and tender; his wife, Eleanor, whose counsel and affection were instrumental to FDR’s public and individual achievements; Lucy Mercer, the great romantic love of FDR’s life; and Missy LeHand, FDR’s longtime secretary, companion, and confidante, whose adoration of her boss was practically limitless. Smith also tackles head-on and in-depth the numerous failures and miscues of Roosevelt’ s public career, including his disastrous attempt to reconstruct the Judiciary; the shameful internment of Japanese-Americans; and Roosevelt’s occasionally self-defeating Executive overreach. Additionally, Smith offers a sensitive and balanced assessment of Roosevelt’s response to the Holocaust, noting its breakthroughs and shortcomings. Summing up Roosevelt’s legacy, Jean Smith declares that FDR, more than any other individual, changed the relationship between the American people and their government. It was Roosevelt who revolutionized the art of campaigning and used the burgeoning mass media to garner public support and allay fears. But more important, Smith gives us the clearest picture yet of how this quintessential Knickerbocker aristocrat, a man who never had to depend on a paycheck, became the common man’s president. The result is a powerful account that adds fresh perspectives and draws profound conclusions about a man whose story is widely known but far less well understood. Written for the general reader and scholars alike, FDR is a stunning biography in every way worthy of its subject.
The fateful blunder that radically altered the course of the twentieth century—and led to some of the most murderous dictators in history President Woodrow Wilson famously rallied the United States to enter World War I by saying the nation had a duty to make “the world safe for democracy.” But as historian Jim Powell demonstrates in this shocking reappraisal, Wilson actually made a horrible blunder by committing the United States to fight. Far from making the world safe for democracy, America’s entry into the war opened the door to murderous tyrants and Communist rulers. No other president has had a hand—however unintentional—in so much destruction. That’s why, Powell declares, “Wilson surely ranks as the worst president in American history.” Wilson’s War reveals the horrifying consequences of our twenty-eighth president’s fateful decision to enter the fray in Europe. It led to millions of additional casualties in a war that had ground to a stalemate. And even more disturbing were the long-term consequences—consequences that played out well after Wilson’s death. Powell convincingly demonstrates that America’s armed forces enabled the Allies to win a decisive victory they would not otherwise have won—thus enabling them to impose the draconian surrender terms on Germany that paved the way for Adolf Hitler’s rise to power. Powell also shows how Wilson’s naiveté and poor strategy allowed the Bolsheviks to seize power in Russia. Given a boost by Woodrow Wilson, Lenin embarked on a reign of terror that continued under Joseph Stalin. The result of Wilson’s blunder was seventy years of Soviet Communism, during which time the Communist government murdered some sixty million people. Just as Powell’s FDR’s Folly exploded the myths about Franklin Roosevelt and the New Deal, Wilson’s War destroys the conventional image of Woodrow Wilson as a great “progressive” who showed how the United States can do good by intervening in the affairs of other nations. Jim Powell delivers a stunning reminder that we should focus less on a president’s high-minded ideals and good intentions than on the consequences of his actions. A selection of the Conservative Book Club and American Compass
One of the classic studies of the Great Depression, featuring a new introduction by the author with insights into the economic crises of 1929 and today. In the twenty-five years since its publication, critics and scholars have praised historian Robert McElvaine’s sweeping and authoritative history of the Great Depression as one of the best and most readable studies of the era. Combining clear-eyed insight into the machinations of politicians and economists who struggled to revive the battered economy, personal stories from the average people who were hardest hit by an economic crisis beyond their control, and an evocative depiction of the popular culture of the decade, McElvaine paints an epic picture of an America brought to its knees—but also brought together by people’s widely shared plight. In a new introduction, McElvaine draws striking parallels between the roots of the Great Depression and the economic meltdown that followed in the wake of the credit crisis of 2008. He also examines the resurgence of anti-regulation free market ideology, beginning in the Reagan era, and argues that some economists and politicians revised history and ignored the lessons of the Depression era.
Author : Alonzo L. Hamby,Professor of History Alonzo Hamby Publisher : Simon and Schuster Page : 528 pages File Size : 46,9 Mb Release : 2004 Category : History ISBN : 9780684843407
For the Survival of Democracy by Alonzo L. Hamby,Professor of History Alonzo Hamby Pdf
"For the Survival of Democracy" is a masterful retelling of the prewar crisis years that situates Franklin Roosevelt and America in the larger context of German, British, and world history--rendering the most accurate picture to date of FDRUs extraordinary leadership.
A dramatic narrative history of liberty from ancient times to the present is told through the inspiring life stories of 65 heroes and heroines from the crisis of the Roman Republic to struggles for women's rights.l
FDR: The First Hundred Days by Anthony J. Badger Pdf
The Hundred Days, FDR's first 15 weeks in office, was a time of unprecedented governmental activity in America. In this account, Anthony J. Badger reinterprets the period as an exercise in exceptional political craftsmanship.