What Was New About the New Deal?

Price Fishback and John Joseph Wallis

No 18271, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: During the presidential election of 1932 Franklin Roosevelt promised a New Deal for the American people. Our goal is to describe the changes wrought by the New Deal. To what extent did the New Deal expand existing programs? What new programs were created at all levels of government? How did the Federal government take over programs that had previously been the responsibility of state and local governments? We then survey the recent research that examines the impact of the programs. Finally, why did some programs persist and others fail?

JEL-codes: H11 H7 N12 N42 N9 (search for similar items in EconPapers)
Date: 2012-08
New Economics Papers: this item is included in nep-his
Note: DAE
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Citations: View citations in EconPapers (3)

Published as “What Was New About the New Deal?” The Great Depression of the 1930s: Lessons for Today, edited by Nicolas Crafts and Peter Fearon. Oxford, England: Oxford University Press, 2013, with John Joseph Wallis, pp. 290-327.

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