eric rauchway

"I pledge you, I pledge myself, to a new deal for the American people" - Franklin Delano Roosevelt, July 2, 1932, upon accepting the Democratic nomination for president

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Did the New Deal get the United States out of the Great Depression? Or was it World War II? Just how successful was the New Deal anyway? Eric Rauchway, a distinguished professor of history at UC Davis and the author of Why the New Deal Matters, Winter War: Hoover, Roosevelt, and the First Clash Over the New Deal, and The Money Makers: How Roosevelt and Keynes Ended the Depression, Defeated Fascism, and Secured a Prosperous Peace, discusses the legacy of the New Deal and the impact it had in lifting the United States from the Great Depression.

Eric Rauchway of the University of California at Davis and the author of The Great Depression and the New Deal: A Very Short Introduction, talks with EconTalk host Russ Roberts about the 1920s and the lead-up to the Great Depression, Hoover's policies, and the New Deal. They discuss which policies remained after the recovery and what we might learn today from the policies of the past.