Reddit reviews FDR's Folly: How Roosevelt and His New Deal Prolonged the Great Depression
We found 2 Reddit comments about FDR's Folly: How Roosevelt and His New Deal Prolonged the Great Depression. Here are the top ones, ranked by their Reddit score.
Used Book in Good Condition
For my side, check out...
http://www.amazon.com/FDRs-Folly-Roosevelt-Prolonged-Depression/dp/0761501657
If you haven't actually read this book, I suggest you don't commence arguing against it.
He isn't the spark that started the recession period. Recessions are inevitable, especially with false gains spurring malinvestment. The Great Depression ended in the mid-late 1940s. The policies of the United States during the FDR reign made a small bubble bursting into what we now know as the Great Depression. The depression lasted seven years longer than it should have. I don't have the time or inclination to teach economics to anyone on Reddit who happens to ask for it, but assuming you're actually interested in why a depression lasting for 15 years or so is completely unprecedented and an outlier in the "common" American history narrative, here are four citations: 1 2 3 4