Jeff Bezos Becomes the Richest Man in Modern History, Topping $150B

Re:Jeff Bezos Becomes the Richest Man in Modern History, Top... by tomjakubowski on Monday July 16, 2018 @04:15PM (#17544700)

By your own source, a majority (51%) of "economic historians" working in economics departments and a strong majority (74%) of "economic historians" working in history departments disagree outright with the statement: "Taken as a whole, government policies of the New Deal served to lengthen and deepen the Great Depression."

It seems unlikely that some huge portion (say, > 90%) of those historians further believe that New Deal policies had no or little positive effect on the Great Depression. Are the "credible historians" just the ones who happen to agree with you on this topic?

[ Parent | on HN ]

Re:Jeff Bezos Becomes the Richest Man in Modern History, Top... by paulddraper on Monday July 16, 2018 @04:23PM (#17544758)

I've never read any modern historian to say that the New Deal effectively fixed the Great Depression.

So yes, I believe that most of those 51% and 74% believe the effect was nonexistant or small. Typically, something like "if FDR had spent as much on the New Deal as he did during the War, it would have ended the Depression". [1] (I.e., it was too little, as in my previous comment.)

I welcome any references to historians claiming the New Deal largely fixed the Great Depression. (Or really, any option from a historian more positive than the quoted article.)

Or...you know, just silently downvote this comment :)

[1] https://www.thebalance.com/the-great-depression-of-1929-3306...

[ Parent | on HN ]