Deconstructing the Monolith

Deconstructing the Monolith
Author: Jason E. Taylor
Publisher: University of Chicago Press
Total Pages: 215
Release: 2019-02-18
Genre: Business & Economics
ISBN: 022660344X

The National Industrial Recovery Act (NIRA) was enacted by Congress in June of 1933 to assist the nation’s recovery during the Great Depression. Its passage ushered in a unique experiment in US economic history: under the NIRA, the federal government explicitly supported, and in some cases enforced, alliances within industries. Antitrust laws were suspended, and companies were required to agree upon industry-level “codes of fair competition” that regulated wages and hours and could implement anti-competitive provisions such as those fixing prices, establishing production quotas, and imposing restrictions on new productive capacity. The NIRA is generally viewed as a monolithic program, its dramatic and sweeping effects best measurable through a macroeconomic lens. In this pioneering book, however, Jason E. Taylor examines the act instead using microeconomic tools, probing the uneven implementation of the act’s codes and the radical heterogeneity of its impact across industries and time. Deconstructing the Monolith employs a mixture of archival and empirical research to enrich our understanding of how the program affected the behavior and well-being of workers and firms during the two years NIRA existed as well as in the period immediately following its demise.

The Fireside Chats of Franklin Delano Roosevelt

The Fireside Chats of Franklin Delano Roosevelt
Author: Franklin D. Roosevelt
Publisher: DigiCat
Total Pages: 213
Release: 2022-08-15
Genre: Fiction
ISBN:

DigiCat Publishing presents to you this special edition of "The Fireside Chats of Franklin Delano Roosevelt" (Radio Addresses to the American People Broadcast Between 1933 and 1944) by Franklin D. Roosevelt. DigiCat Publishing considers every written word to be a legacy of humankind. Every DigiCat book has been carefully reproduced for republishing in a new modern format. The books are available in print, as well as ebooks. DigiCat hopes you will treat this work with the acknowledgment and passion it deserves as a classic of world literature.

The Origins of the National Recovery Administration

The Origins of the National Recovery Administration
Author: Robert F. Himmelberg
Publisher:
Total Pages: 232
Release: 1976
Genre: Professional associations
ISBN: 9780083209842

"This book explores the background of the NRA, the most important economic measure of the first hundred days of Franklin D. Roosevelt's New Deal. It also is the history of the business community's efforts during the 1920s and '30s to emasculate the federal policy of maintaining a competitive enterprise system. The NRA permitted trade associations to engage in cartelistic market behavior, long noted as a remarkable deviation from traditional antitrust policy; its creation marked the culmination of the business community's efforts over a twelve-year period. A major contribution of this book is its re-evaluation of antitrust and trade association policies during the Republican era of Harding, Coolidge, and Hoover. Even though the trade association policies of the Justice and Commerce Departments and of the FTC were greatly influenced by business demands, they were often conducted quite contrary to the business community's wishes. The puzzle how these business groups were able to achieve such as impressive success through the N.I.R.A. is analyzed extensively through a re-examination and rethinking of the sources used earlier by other scholars and with the aid of some manuscript materials not previously available" -- Back cover.

Why the New Deal Matters

Why the New Deal Matters
Author: Eric Rauchway
Publisher: Yale University Press
Total Pages: 231
Release: 2021-04-06
Genre: History
ISBN: 0300252005

A look at how the New Deal fundamentally changed American life, and why it remains relevant today" The New Deal was America's response to the gravest economic and social crisis of the twentieth century. It now serves as a source of inspiration for how we should respond to the gravest crisis of the twenty-first. There's no more fluent and informative a guide to that history than Eric Rauchway, and no one better to describe the capacity of government to transform America for the better."--Barry Eichengreen, University of California, Berkeley The greatest peaceable expression of common purpose in U.S. history, the New Deal altered Americans' relationship with politics, economics, and one another in ways that continue to resonate today. No matter where you look in America, there is likely a building or bridge built through New Deal initiatives. If you have taken out a small business loan from the federal government or drawn unemployment, you can thank the New Deal. While certainly flawed in many aspects--the New Deal was implemented by a Democratic Party still beholden to the segregationist South for its majorities in Congress and the Electoral College--the New Deal was instated at a time of mass unemployment and the rise of fascistic government models and functioned as a bulwark of American democracy in hard times. This book looks at how this legacy, both for good and ill, informs the current debates around governmental responses to crises.

FDR's Folly

FDR's Folly
Author: Jim Powell
Publisher: Crown
Total Pages: 354
Release: 2007-12-18
Genre: History
ISBN: 030742071X

The Great Depression and the New Deal. For generations, the collective American consciousness has believed that the former ruined the country and the latter saved it. Endless praise has been heaped upon President Franklin Delano Roosevelt for masterfully reining in the Depression’s destructive effects and propping up the country on his New Deal platform. In fact, FDR has achieved mythical status in American history and is considered to be, along with Washington, Jefferson, and Lincoln, one of the greatest presidents of all time. But would the Great Depression have been so catastrophic had the New Deal never been implemented? In FDR’s Folly, historian Jim Powell argues that it was in fact the New Deal itself, with its shortsighted programs, that deepened the Great Depression, swelled the federal government, and prevented the country from turning around quickly. You’ll discover in alarming detail how FDR’s federal programs hurt America more than helped it, with effects we still feel today, including: • How Social Security actually increased unemployment • How higher taxes undermined good businesses • How new labor laws threw people out of work • And much more This groundbreaking book pulls back the shroud of awe and the cloak of time enveloping FDR to prove convincingly how flawed his economic policies actually were, despite his good intentions and the astounding intellect of his circle of advisers. In today’s turbulent domestic and global environment, eerily similar to that of the 1930s, it’s more important than ever before to uncover and understand the truth of our history, lest we be doomed to repeat it.

American Default

American Default
Author: Sebastian Edwards
Publisher: Princeton University Press
Total Pages: 288
Release: 2019-09-10
Genre: Business & Economics
ISBN: 0691196044

The untold story of how FDR did the unthinkable to save the American economy.

New Deal Or Raw Deal?

New Deal Or Raw Deal?
Author: Burton W. Folsom
Publisher: Simon and Schuster
Total Pages: 338
Release: 2009-11-17
Genre: Biography & Autobiography
ISBN: 1416592377

ultimately elevating public opinion of his administration but falling flat in achieving the economic revitalization that America so desperately needed from the Great Depression. Folsom takes a critical, revisionist look at Roosevelt's presidency, his economic policies, and his personal life. Elected in 1932 on a buoyant tide of promises to balance the increasingly uncontrollable national budget and reduce the catastrophic unemployment rate, the charismatic thirty-second president not only neglected to pursue those goals, he made dramatic changes to federal programming that directly contradicted his campaign promises. Price fixing, court packing, regressive taxes, and patronism were all hidden inside the alphabet soup of his popular New Deal, putting a financial strain on the already suffering lower classes and discouraging the upper classes from taking business risks that potentially could have jostled national cash flow from dormancy.