I love Amity Shlaes. And I'm always amazed by the breadth and depth of her knowledge, her common sense, and her phenomenal recall of names and places and dates. Also, a great public speaker and always fascinating to listen to.
i find her book a maze or random refrences and half boiled thoughts. its definetly useful to have a historian who argues the other side but i feel she compremises her argument with terrible writing. i also feel she forgets the benefits of hindsight, and that the best move roosevelt could make was maybe not obvious at the time
Only in terms of the numbers: Roosevelt more or less knew the New Deal had failed to cure the Depression, but he also knew better than to throw away that very system because it was the base of his coalition and therefore his power. So instead he took advantage of WWII by incrementally shifting the economy over from a peacetime framework to a war economy at the dawn of the 40’s before we entered into it. He knew he had a host of desperate clients that were willing to pay top dollar for US war materiel. But even then, it was a temporary solution; it’s all too telling that the economy didn’t pick up steam in any meaningful way until the early 50’s, long after FDR died and the war ended. In short, the war did bring us out of the Depression, but only because we switched over to a war economy, not because of anything FDR did to help the peacetime economy recover organically.
I enjoyed listening to Ms. Amity Shlaes; however, I found the interviewer - host of the show to be annoying. He had a fun and sometimes antagonistic personality; it was not suitable for this topic.
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I love Amity Shlaes. And I'm always amazed by the breadth and depth of her knowledge, her common sense, and her phenomenal recall of names and places and dates.
Also, a great public speaker and always fascinating to listen to.
i find her book a maze or random refrences and half boiled thoughts. its definetly useful to have a historian who argues the other side but i feel she compremises her argument with terrible writing. i also feel she forgets the benefits of hindsight, and that the best move roosevelt could make was maybe not obvious at the time
Amity Shlaes, a great intellectual! Thank you very much!
Excellent communicator, fascinating topic.
I’m off to try and find what she thinks of current economics.
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Why do I get the sense she is the only historian who would agreed with her? Hope not, I like her view point.
Did the 2nd world war really bring us out of the great depression?
Yes! And America is headed right towards war again to get out of this mess;
ua-cam.com/video/AQQon4tjlSA/v-deo.html
Wars are economically destructive, so no. It may appear that way, but now in the long run.
Only in terms of the numbers:
Roosevelt more or less knew the New Deal had failed to cure the Depression, but he also knew better than to throw away that very system because it was the base of his coalition and therefore his power. So instead he took advantage of WWII by incrementally shifting the economy over from a peacetime framework to a war economy at the dawn of the 40’s before we entered into it. He knew he had a host of desperate clients that were willing to pay top dollar for US war materiel.
But even then, it was a temporary solution; it’s all too telling that the economy didn’t pick up steam in any meaningful way until the early 50’s, long after FDR died and the war ended.
In short, the war did bring us out of the Depression, but only because we switched over to a war economy, not because of anything FDR did to help the peacetime economy recover organically.
I enjoyed listening to Ms. Amity Shlaes; however, I found the interviewer - host of the show to be annoying. He had a fun and sometimes antagonistic personality; it was not suitable for this topic.