The New Deal Didn’t Always Work, Either November 23, 2008
Posted by tkcollier in Economy & Business, philosophy & politics.Tags: econ, philosophy & politics
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The traditional story is that President Franklin D. Roosevelt rescued capitalism by resorting to extensive government intervention; the truth is that Roosevelt changed course from year to year, trying a mix of policies, some good and some bad. It’s worth sorting through this grab bag now, to evaluate whether any of these policies might be helpful.
If I were preparing a “New Deal crib sheet,” I would start with the following lessons: Economic View – The New Deal Didn’t Always Work, Either – NYTimes.com
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