Quotation of the Day…

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… is from page xi of George Selgin’s excellent forthcoming (in April) book, False Dawn: The New Deal and the Promise of Recovery, 1933-1947:

Of course, the New Deal didn’t end the Great Depression: despite the occasional op-ed or blog post saying otherwise, no competent economic historian thinks so. Nor could any American adult alive in 1939, when the New Deal had ended and Europe was about to go to war, have thought so.