Wednesday, April 14, 2010

Everything you know about FDR may be wrong

OK, so "everything" is a bit of an exaggeration. Just the most important thing. Probably the most powerful enduring myth about FDR was that his New Deal brought the US out of the Great Depression.

Why is this so important for us now? Because many policymakers today believe the myth, and their actions today can have similar consequences on the American economy.

Here professor of history Burt Folsom expertly explains how, and when, the United States got out of the Great Depression.

1 comment:

Malinda said...

Great article. I love when you meet my two-screen requirement.

p.s. Don't talk to Reatha about this when you pick her up next week. :)