The Great Depression, the New Deal, and the Current Crisis

Alexander Field

Challenge, 2009, vol. 52, issue 4, 94-105

Abstract: In the past year, a rising tide of antagonism to the New Deal has formed among some economists and writers, claiming that the New Deal policies made the Great Depression worse. Is there any basis in fact to New Deal denialism? The noted economic historian Alexander Field has closely studied the period. He shows the central weaknesses of these arguments and makes a strong case that the New Deal made a remarkable contribution to the U.S. economy and the American way of life.

Date: 2009
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DOI: 10.2753/0577-5132520406

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