Using 1929 data, the two researchers calculated what wages and prices would have been had without the New Deal, and then compared them to actual wages and prices at the time. Their findings were ...
As the Great Depression devastated banks, farms, and factories, Franklin D. Roosevelt’s New Deal introduced sweeping federal ...
A groundbreaking study by UCLA economists Harold Cole and Lee Ohanian demonstrates that President Franklin D. Roosevelt’s excessively pro-labor, anti-competitive New Deal actually prolonged for seven ...
…Only if you ignore the numbers. Here’s the graph of GDP for the period. FDR took office in March 1933. The brief backslide in 1938 was when FDR tried to balance the budget. He soon realized it was a ...
At the end of November, 1933, The Daily Sentinel reported good news for local workers: “Five hundred and sixty-five men are scheduled to be put to work here as soon as possible,” the paper said. They ...
When the United States was deep in the grip of the Great Depression, families across the country needed comfort. They wanted something familiar at the dinner table that didn’t drain already tight ...
Who was the last great president of the United States? Well, if you're not on Social Security, you wouldn't be old enough to have seen one, says author Aaron David Miller, a vice president at the ...