
Sign up to save your podcasts
Or
Nearly a century after President Franklin Delano Roosevelt spearheaded a sweeping set of economic policies known as the New Deal, the debate still rages over whether he was a hero or a villain. Defenders of the New Deal credit it with ending the Great Depression and pioneering a number of important social programs. Detractors claim it prolonged the Depression due to the reckless government spending demanded by Keynesian economics. Matt Kibbe sits down with George Selgin, author of "False Dawn," who argues that both of these viewpoints miss important details about the New Deal and its impact on the economy. In the first place, it was not particularly Keynesian in its approach to spending. Instead, it was Roosevelt's hostility toward private industry that delayed America's recovery for so long.
4.8
290290 ratings
Nearly a century after President Franklin Delano Roosevelt spearheaded a sweeping set of economic policies known as the New Deal, the debate still rages over whether he was a hero or a villain. Defenders of the New Deal credit it with ending the Great Depression and pioneering a number of important social programs. Detractors claim it prolonged the Depression due to the reckless government spending demanded by Keynesian economics. Matt Kibbe sits down with George Selgin, author of "False Dawn," who argues that both of these viewpoints miss important details about the New Deal and its impact on the economy. In the first place, it was not particularly Keynesian in its approach to spending. Instead, it was Roosevelt's hostility toward private industry that delayed America's recovery for so long.
10,202 Listeners
25,267 Listeners
3,352 Listeners
37,544 Listeners
2,254 Listeners
14,330 Listeners
711 Listeners
4,714 Listeners
1,258 Listeners
19,985 Listeners
5,826 Listeners
478 Listeners
24,050 Listeners
48,289 Listeners
5,565 Listeners
37,462 Listeners
26,441 Listeners
1,155 Listeners
716 Listeners
48 Listeners
165 Listeners
4 Listeners
86 Listeners