False dawn the New Deal and the promise of recovery, 1933-1947

"A new history of the New Deal's economic recovery efforts--and why they failed to delivery on their promises. FDR's New Deal policies have long enjoyed a special place in the history of American policy and society--not just because many of them lastingly redefined the Federal government's fundament...

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Bibliographic Details
Main Author: Selgin, George A., 1957- (Author)
Format: Books Print Book
Language:English
Published: Chicago : The University of Chicago Press, 2025.
Series:Markets and governments in economic history.
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100 1 |a Selgin, George A.,  |d 1957-  |e author. 
245 1 0 |a False dawn :  |b the New Deal and the promise of recovery, 1933-1947 /  |c George Selgin. 
264 1 |a Chicago :  |b The University of Chicago Press,  |c 2025. 
264 4 |c Ã2025 
300 |a xiv, 370 pages :  |b illustrations ;  |c 24 cm 
336 |a text  |b txt  |2 rdacontent 
337 |a unmediated  |b n  |2 rdamedia 
338 |a volume  |b nc  |2 rdacarrier 
490 1 |a Markets and governments in economic history 
504 |a Includes bibliographical references (pages [327]-360) and index. 
505 0 0 |g Part I. Groundwork.  |t The record --  |t Inventing the New Deal --  |t The banking crisis --  |t The bank holiday --  |t Deposit insurance --  |t The RFC, part 1 --  |t FDR and gold --  |g Part II. The New Deal.  |t The AAA --  |t The NRA --  |t The NRA, coda : the Brookings report --  |t A new deal for housing --  |t The RFC, part 2 --  |t Fiscal stimulus? --  |t FDR's Fed --  |t The recovery so far --  |t The Roosevelt recession --  |t The Keynesian myth --  |t The Keynesian myth, continued --  |t Fear itself --  |t Fear itself, continued --  |g Part III. After the New Deal.  |t War, and peace --  |t The phantom depression --  |t The fate of Rosie the Riveter --  |t Happy days --  |t Postwar monetary policy --  |t The great rapprochement. 
520 |a "A new history of the New Deal's economic recovery efforts--and why they failed to delivery on their promises. FDR's New Deal policies have long enjoyed a special place in the history of American policy and society--not just because many of them lastingly redefined the Federal government's fundamental responsibilities, but because New Dealer's willingness to engage in what Roosevelt called 'bold experimentation' represented a type of policymaking that many observers would like to see more of. In False Dawn, economist George Selgin offers a counterweight to such laudatory thinking about the New Deal. Famously, Roosevelt's goals for his administration were relief, recovery, and reform. Selgin weaves decades of economic research to show that, although the New Deal helped set the stage for a speedy recovery, crucial parts of its rescue program failed to live up to their promise. Until World War II intervened, over fifteen percent of American workers were still either unemployed or on work relief, and much of the recovery that took place until then occurred despite rather than because of New Deal policies. 'The thing about bold experiments,' Selgin observes, 'is that they often fail.' Selgin's goal isn't to blow up a favorite chapter in progressive history, but to sort out the New Deal's successes from its failures, with the aim of making sure the right lessons are drawn from the Great Depression experience for dealing with future recessions. It is, Selgin says, only by carefully considering each New Deal recovery experiment, together with other developments that either aided or interfered with economic recovery, that we can know 'which [New Deal] programs ... to ever consider reviving-and which ones to avoid like the plague'"--  |c Provided by publisher. 
650 0 |a New Deal, 1933-1939. 
651 0 |a United States  |x Economic conditions  |y 1918-1945. 
776 0 8 |i Online version:  |a Selgin, George A., 1957-  |t False dawn.  |d Chicago : The University of Chicago Press, 2025  |z 9780226838991  |w (OCoLC)1510038013 
830 0 |a Markets and governments in economic history. 
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