The Politically Incorrect Guide to the Great Depression and the New Deal (The Politically Incorrect Guides) SALE

Title : The Politically Incorrect Guide to the Great Depression and the New Deal (The Politically Incorrect Guides)
Category: American Civil War
Brand: Murphy, Robert P.
Item Page Download URL : Download in PDF File
Rating : 4.3
Buyer Review : 70

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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 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.

Review :
A Popular Guide to the Best of Economic Scholarship
One of the problems with economic history is that it is difficult to "test" it properly. With regard to the Great Depression and the New Deal, there is still a very loud contingent of Keynesian economists who insist that had Hoover and Roosevelt just spent even more money than they did, we would not have experienced a prolonged depression. Other economists, notably the Monetarist school founded by Milton Friedman and Anna Schwartz, insist that responsibility must lie with the Federal Reserve for not acting quickly enough to stem deflationary pressures, while still other economists, especially the Austrian school, claim the problem was caused by government intervention into the market place. All these writers can point to some evidence in support their position, though in the case of the Keynesians, that evidence is very narrow and often somewhat contrived, especially when it appears from the pen of popular columnist Paul Krugman. But the problem is that we cannot simply directly...
A Chance To See The World Anew
Economic history is a difficult subject to enjoy. Rarely is an entry easily readable to a lay audience and even rarer does it show its applicability to current events. This book succeeds at both.
Released in an exceptionally timely manner and well styled, the reader will have trouble telling the book from a newspaper. Similar to his earlier The Politically Incorrect Guide(tm) to Capitalism (Politically Incorrect Guides) (Paperback), the author covers a large amount of history and theory together, never losing the reader's attention or confusing us with tedious theoretical minutia. Instead you'll find the simplest of graphs that make the most profound of conclusions by themselves. Quick reviews of familiar topics are followed by shocking details few have heard before. Always radical, but never dry or confusing, the subjects fall into each other smoothly. The history itself is right-on, with some of the latest research...
PIG - The Great Depression and the New Deal
Robert P. Murphy's new book makes the reader question one's own education about the U.S. Surely Social Security, abandoning the gold standard, the FDIC, are all good things! And didn't the New Deal get us out of our worst economic mess in history? Weren't we all taught that in school, indeed, perhaps by our own parents? Much like his previous work (PIG - Capitalism), Murphy's new book takes dead aim at many of the myths and outright falsehoods of that time. And he instructs us in an easy, straight-forward style. He reminds us (perhaps we never knew) of the outrages of the New Deal: the thug-like tactics of the National Recovery Administration, bank "holidays", government destruction of food, and so on. And Murphy's likening of Hoover/Roosevelt to Bush/Obama is superb.
But alas, nothing is perfect. Murphy's book is troubling in two respects: 1. the reader wants/needs more - I literally could not put the book down... I wanted to keep going - his style makes for such easy...