statement: FDR policies doubled the length of the Great Depression

Historically, FDR is given credit for ending the Great Depression. However, recent scholarly research suggests "specific anti-competition and pro-labor measures that Roosevelt promoted and signed into law June 16, 1933" prolonged it.
Posted or updated April 14, 2024.
FDR policies doubled the length of the Great Depression - Reason Foundation
Many saw Franklin Delano Roosevelt’s (FDR) presidency and the New Deal as the salvation of the American economy. In fact, recent empirical evidence by UCLA economists Harold Cole and Lee Ohanian suggests that FDR’s economic policy added 7 years to … Continued
Reason FoundationAaron Smith

Member discussion

The comments section is for paying subscribers only

Upgrade to a paid account

Already have an account? Sign in