With the world currently in the grips of a financial crisis unlike anything since the Great Depression, Nothing to Fear could not be timelier. This acclaimed work of history brings to life Franklin Roosevelt's first hundred days in office, when he and his inner circle launched the New Deal, forever reinventing the role of the federal government. As Cohen reveals, five fiercely intelligent, often clashing personalities presided over this transformation and pushed the president to embrace a bold solution. Nothing to Fear is the definitive portrait of the men and women who engineered the nation's recovery from the worst economic crisis in American history.
country on his New Deal platform. In fact, FDR has achieved mythical status in American history and is considered to be, along with Washington, Jefferson, and Lincoln, one of the greatest presidents of all time. But would the Great Depression have been so catastrophic had the New Deal never been implemented?
In FDR’s Folly, historian Jim Powell argues that it was in fact the New Deal itself, with its shortsighted programs, that deepened the Great Depression, swelled the federal government, and prevented the country from turning around quickly. You’ll discover in alarming detail how FDR’s federal programs hurt America more than helped it, with effects we still feel today, including:
• How Social Security actually increased unemployment
• How higher taxes undermined good businesses
• How new labor laws threw people out of work
• And much more
This groundbreaking book pulls back the shroud of awe and the cloak of time enveloping FDR to prove convincingly how flawed his economic policies actually were, despite his good intentions and the astounding intellect of his circle of advisers. In today’s turbulent domestic and global environment, eerily similar to that of the 1930s, it’s more important than ever before to uncover and understand the truth of our history, lest we be doomed to repeat it.
From the stock market crash of October 1929 to Germany's invasion of Norway, France, and the Low Countries in 1940, the Great Depression blanketed the world economy. Its impact was particularly deep and direct in the United States. This was the era when the federal government became a major player in the national economy and Americans bestowed the responsibility for maintaining full employment and stable prices on Congress and the White House, making the Depression years a major watershed in U.S. history. In more than 500 essays, this book provides a ready reference to those hard times, covering the diplomacy, popular culture, intellectual life, economic problems, public policy issues, and prominent individuals of the era.
As he assesses the contributions of such figures as Supreme Court Justice Louis D. Brandeis, the legal and political "fixer" Thomas G. Corcoran, Texas legislators, Sam Rayburn and Lyndon Johnson, and the quintessential New Deal industrialist Henry Kaiser, Schwarz produces a volume that should be required reading for anyone concerned with current American industrial policy. And he does so with a liveliness and depth of insight that make The New Dealers comparable to the best work of Arthur Schlesinger or Robert Caro.
From the Trade Paperback edition.
The book leads with an introductory essay that outlines the scope of the volume, explains how the primary documents were selected, and identifies thematic trends and controversies. Annotations by scholars translate difficult passages into language that is easily comprehensible to modern readers and compare key passages throughout, encouraging the reader to cross-reference documents within the volume and connect the dots between them. Readers will be able to interpret the flow of events during the Great Depression, assess the legislative and executive actions that attempted to deal with the economic crisis, and perceive the differences between the fiscal ideas of Presidents Hoover and Roosevelt.
The father of the modern American state was an obscure Macy's department store executive named Beardsley Ruml. During World War II, he devised the plan for withholding taxes from your paycheck, thereby laying in place a system that allows the hand of government to reach into your wallet and take what it wants.
Today, taxes make up more than a third of our economy, the highest level in history outside war. We live in the nation revolutionary father Thomas Paine foresaw when he wrote of "the Greedy Hand of government thrusting itself into every corner of industry." This book is a cultural examination of the way taxes influence our behavior, how they force us into an arbitrary system that punishes families and individual enterprise.
Amity Shlaes unveils the hidden perversities of our lifelong tax experience: how family tax breaks do little to help the family, and can even hurt it. She demonstrates how married women pay a special women's tax rate, higher than anybody else's. She shows how problems that engage and enrage us--Social Security problems, or the things we don't like about schools--are, at heart, tax problems. And she explains why the solutions Washington offers merely accelerate a vicious cycle.
Finally, Amity Shlaes shows us a way out of this madness, endorsing a number of common-sense reforms that will give all Americans a fairer and simpler tax system. Written with eloquent compassion for working Americans and their families, The Greedy Hand makes the best case yet for rethinking our tax code. It is a book no tax-paying citizen can afford to ignore.