The Politically Incorrect Guide to the Great Depression and the New Deal

The Politically Incorrect Guide to the Great Depression and the New Deal

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by Robert Murphy
     
 

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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

Overview

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.

Product Details

ISBN-13:
9781596980969
Publisher:
Regnery Publishing
Publication date:
04/21/2009
Series:
The Politically Incorrect Guides Series
Pages:
198
Sales rank:
691,654
Product dimensions:
7.20(w) x 8.90(h) x 0.70(d)

What People are saying about this

Thomas E. Woods
"Today's central planners cower from the truth about the Great Depression and the New Deal like Dracula before a crucifix. Robert Murphy eviscerates the fantasy version of these episodes that is used to justify destructive and idiotic policies today. You almost feel sorry for the propagandists while reading this book. Almost."--(Thomas E. Woods, Ph.D., author of the New York Times bestseller Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse)
Burton W. Folsom Jr
"A thorough and impressive critique of FDR and the New Deal which should be required reading in all modern U.S. history and economics courses. I highly recommend this insightful book."--(Burton W. Folsom, Jr., Professor of History, Hillsdale College and author of New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America)
Gary Wolfram
"Dr. Murphy explains in insightful fashion why the conventional wisdom is neither conventional nor wisdom. He is not only a good economist but can turn the reader into a good economist."--(Gary Wolfram, William Simon Professor of Economics and Public Policy, Hillsdale College)
Robert Higgs
"Robert P. Murphy's splendid guide to the Great Depression and the New Deal is a clear, compelling account of an era that even most economists get wrong. Now that many people are clamoring for a rerun of the New Deal, you owe it to yourself to find out what such a sequel would entail. Murphy's book is the best place to begin your quest."--(Robert Higgs, Senior Fellow in Political Economy, The Independent Institute)
Paul Congressman Ron
"Bob Murphy's Politically Incorrect Guide to the Great Depression provides defenders of liberty the intellectual arsenal they need to counter the myth that capitalism caused, and government cured the Great Depression. Read this book and understand why massively increasing government is not change we can believe in."

Meet the Author

Robert P. Murphy earned his Ph.D. in economics from New York University. A former professor at Hillsdale College, he is now an adjunct scholar with the Ludwig von Mises Institute, a senior fellow in business and economic studies at the Pacific Research Institute, and an economist with both the Mackinac Center for Public Policy and the Institute for Energy Research. He has testified before Congress on economic issues, and has worked as both an investment/business analyst and as a journalist. He is a frequent radio guest and writes a column for Townhall.com. He lives with his wife and son in Nashville, Tennessee.

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The Politically Incorrect Guide to the Great Depression and the New Deal 3.9 out of 5 based on 0 ratings. 10 reviews.
Anonymous More than 1 year ago
This book may be about the Great Depression, but a more timely and appropriate book for our time and financial crises I couldn't imagine. It demonstrates how and why the Keynseans (the prevailing economic theory taught at large universities because it preaches an activist government) and monetarists (the so called free market interpretation that somehow still leaves room for active government involvement in the economy through its control and manipulation of the money supply) are both wrong and how true, free market economics, as taught by the Austrian school of economics (a theory you'll never learn about in any public school or state university since it preaches absolute non-involvement in the economy by the government) is the only theory that explains the crash of '29, the Great Depression, and every boom-bust cycle that the economy has ever gone through. If you want to have a clear understanding of what's going on in today's economy, this is one of the best places to start. After all, those who don't know history (or don't really understand it since it was taught all wrong) are truly doomed to repeat it.
RugbyTom More than 1 year ago
The book gives an even, balanced review of the Great Depression. It starts with the 1920s and some of the mistakes made. It then details both Hoover and Roosevelt in their attempts to change the "flow" of the economy. The BIG government policys of both Hoover and especially Roosevelt are laid out for the reader to pour over. The problems that were incurred becasue of the government intervention are outlined. It is very upsetting that with all of this history available that the current people in the White House are so ignorant. The old saying never sounded so apt, "Those who are ignorant of History are doomed to repeat it".
Rictoons More than 1 year ago
Cuts right to the chase from page one. Good reading
concerned_boomer More than 1 year ago
Clear picture of why current "stimulas" money is being wasted for the benefit of progressive minded politicians trying to achieve their goals whose orgins are with Woodrow Wilson. It is all about wanting power.
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