Understanding Government » New Deal http://www.understandinggovernment.net Making Economics and Government Simple Thu, 31 Dec 2009 07:41:55 +0000 http://wordpress.org/?v=2.9 en hourly 1 Don’t Trust the Brain Trust http://www.understandinggovernment.net/2008/10/dont-trust-the-brain-trust/ http://www.understandinggovernment.net/2008/10/dont-trust-the-brain-trust/#comments Wed, 08 Oct 2008 04:41:27 +0000 Josh Wilson http://joshwilson.org/?p=100 We’re following the same strategies that we followed the last time we were in this economic situation (that would be 1929 by the way). Mises.org hits on the head here:

They have looked at the history of the New Deal and completely misunderstood it, believing the civics-book claptrap about how FDR saved us from the Depression, whereas the fact is that FDR’s theories and policies lengthened and deepened it to the point that the only way out that the Roosevelt administration saw was war.

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