Obama and F.D.R.

by Don Boudreaux on November 10, 2008

in History, Myths and Fallacies

Here’s a letter that I sent recently to the New York Times.  (By the way, I should have written that F.D.R.’s policies "prolonged" the Great Depression – rather than "deepened and prolonged" it.  A strong case can be made that these policies did both, but that case is more esoteric than the much more straightforward case that the policies prolonged the Depression.)


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