Politically Incorrect Guide to the Great Depression and the New Deal
Published on 31. March 2009
198 pages
978-1-59698-113-3 (ISBN)
Description
In this timely new P.I. Guide, Murphy reveals the stark truth: free market failure didn't cause the Great Depression and the New Deal didn't cure it. Shattering myths and politically correct lies, he tells why World War II didn t help the economy or get us out of the Great Depression; why it took FDR to make the Depression Great; and why Herbert Hoover was more like Obama and less like Bush than the liberal media would have you believe. Free-market believers and capitalists everywhere should have this on their bookshelf and in their briefcases.
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Book
04/2009
Regnery Publishing Inc
€19.00
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Person
Robert Murphy
Content
- Intro
- Praise
- Title Page
- Dedication
- Introduction
- Chapter 1 - THE CRISIS
- The Roaring Twenties
- The Onset of the Great Depression
- FDR and the New Deal
- The 1937-38 "Depression Within the Depression"
- Rosie the Riveter: Happy Times Are Here Again
- Just the Facts, Ma'am? The Need for Interpretation
- The Reason Why
- If a Policy Failed in the 1930s, Why Would It Work Today?
- Chapter 2 - BIG-GOVERNMENT HERBERT HOOVER MAKES THE DEPRESSION GREAT
- Herbert Hoover: Consistent Critic of Capitalism
- Hoover's "New Economics"
- Making the Depression Great, Step 1: Prop up Wages
- Making the Depression Great, Step 2: Cripple International Trade
- Making the Depression Great, Step 3: Tax-and-Spend Like a Democrat
- Making the Depression Great, Step 4: Install a New Deal-Lite
- Herbert Hoover: A Big Government Man
- Chapter 3 - DID THE TIGHTWAD FED'S DEFLATION CAUSE THE GREAT DEPRESSION?
- Friedman: The Timid Fed and Deflation in the 1930s
- Who's Afraid of Falling Prices?
- Deflation: Historical Evidence
- But Why Would the Fed Destroy Money?
- Propping up Losers
- Chapter 4 - DID CONSERVATIVE ECONOMIC POLICIES CAUSE THE DEPRESSION?
- The Roaring '20s
- Andrew Mellon's Incredible Tax Cuts
- Was the Depression Payback for the 1920s Boom?
- How Did the Classical Gold Standard Work?
- Did the Gold Standard Cause the Depression?
- The Final Verdict on Gold
- Chapter 5 - THE FAILURES OF THE NEW DEAL
- Continuing the Work of Hoover: Restricting Production and Raising Wages
- The Only Thing We Have to Fear Is Roosevelt Himself
- Chapter 6 - THE OUTRAGES OF THE NEW DEAL
- Roosevelt's "Bank Holiday"
- Going Off Gold
- The National Recovery Administration: Big Government and Big Business Join Forces
- How the New Deal Helped Poor People Go Hungry
- Old Age Insurance: Not Really Insurance, and Neither Social nor Secure
- The Works Progress Administration: Bad Economics, Good Politics
- Chapter 7 - THE MYTH OF WARTIME PROSPERITY
- The Immortal Error: The Broken Window Fallacy
- A Billion Wrongs Don't Make a Right
- Wartime Prosperity? Damned Lies and Statistics
- Central Planning: Bad in Peacetime, Deadly in War
- Postscript: Ways in which World War II Did Boost American Production
- Chapter 8 - THE GREAT DEPRESSION: LESSONS FOR TODAY
- The Fed Caused the Housing Boom-and Bust
- The Myth of Laissez-Faire George Bush
- Is Barack Obama the New FDR?
- Acknowledgements
- NOTES
- INDEX
- Copyright Page
