Economist Robert Murphy has a new book out that debunks the fake history the big government zealots have been telling about the Depression and the New Deal for many years. You can read about it here.
It’s very important to the statists to keep people believing that the Depression was caused by capitalism, that it got worse and worse because the laissez-faire President Hoover did nothing about it, and that finally FDR came along to rescue the country with his visionary New Deal programs. That set of beliefs helps support their gigantic array of interventionist policies and gives them an excuse to increase federal spending whenever unemployment starts to rise.
If we could get large numbers of Americans to understand the truth about the Depression and the New Deal, it would be like taking the opponent’s queen in a chess game.
