How FDR got us out of the Great Depression: Lessons for today

Conservatives and Liberals still argue about government’s role in ending the Great Depression and many people see the discussion more relevant today than ever before.  Conservatives point to a compelling 2004 study by two UCLA economics professors showing that Roosevelt’s New Deal policies actually prolonged the recovery.  Written four years before the recent crisis theContinue reading “How FDR got us out of the Great Depression: Lessons for today”

John McCain Warns of a Depression !

John McCain warns of an economic depression ! Okay, this is pretty incredible.  But in 1991 I interviewed Senator John McCain (it is one of the perks of being a student of history and a writer of books) and there he was, on the record, declaring that we were headed to a depression, not recession, depression,Continue reading “John McCain Warns of a Depression !”