The Politically Incorrect Guide to the Great Depression
by Robert Murphy
In the last several years, there have been several new books that have attempted to offer a revisionist critique of the Great Depression and Franklin D. Roosevelt’s New Deal. Few of these books can match economist Robert Murphy’s The Politically Incorrect Guide to the Great Depression and the New Deal. In this engaging book, Murphy offers an overview of this period that seeks to understand the true cause of the Depression while rebutting the common theories of the Depression’s origin. Murphy also shows how government interventions, first by Herbert Hoover and more famously by FDR, prolonged the depression. Murphy’s book succeeds in both educating the reader on the real history of this period and in generating an interest in further study of it.
Praise for The Politically Incorrect Guide to the Great Depression and the New Deal
“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 Folsom, author of New Deal or Raw Deal?
“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
“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.” – Tom Woods, author of Rollback
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