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FDR's Folly: How Roosevelt and His New Deal Prolonged the Great Depression | [Jim Powell]

FDR's Folly: How Roosevelt and His New Deal Prolonged the Great Depression

In the minds of historians and the American public alike, Franklin Delano Roosevelt was one of our greatest presidents, not least because he supposedly saved America from the Great Depression. But as historian Jim Powell reveals in this groundbreaking book, Roosevelt's New Deal policies actually prolonged and exacerbated the economic disaster.
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Publisher's Summary

Think FDR was a great president? Think again.

In the minds of historians and the American public alike, Franklin Delano Roosevelt was one of our greatest presidents, not least because he supposedly saved America from the Great Depression. But as historian Jim Powell reveals in this groundbreaking book, Roosevelt's New Deal policies actually prolonged and exacerbated the economic disaster, swelled the federal government, and prevented the country from turning around quickly.

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. You'll never look at FDR in the same way again.

©2003 Jim Powell; (P)2008 Blackstone Audio, Inc.

What the Critics Say

"Very readable, factual, and insightful - and endorsed by two Nobel Prize-winning economists." (Thomas Sowell, Senior Fellow, Hoover Institution, Stanford University)

What Members Say

Average Customer Rating

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  •  
    Tim United States 01-15-13
    Tim United States 01-15-13 Member Since 2011

    My reviews are honest. No sugar coating here.

    HELPFUL VOTES
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    "FDR's Bloopers"

    Over the years I've learned a lot about the Great Depression, but I never read anything about FDR's bloopers and how he caused the economic fall. In our textbooks, the former President is a great man with a disability and Commander of Chief during WWII and the attack on Pearl Harbor, but he started the downhill spiral of the country.

    FDR ran the country like he was the Godfather of the mafia.

    Taxes, more regulations and programs like Social Security were some of his doings. Although these actions were good at the time, the country started the debt deficit in America because it wasn't well run by our president.

    We cannot blame FDR because all presidents have their mistakes.

    Just look at GWB and his eight years of follies and you will have volumes of books of the aftermath of his mistakes.

    1 of 3 people found this review helpful
  •  
    Michael TAMPA, FL, USA 03-29-09
    Michael TAMPA, FL, USA 03-29-09
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    "Informative"

    I was surprised by many of the similarities between current politics and the efforts of the New Deal policies. This book provided a great deal of insight into New Deal and the players involved. It was informative enough for me to listen a second time. The narration was very good.

    5 of 13 people found this review helpful
  •  
    Scott Williams Maryville, Tn 09-29-09
    Scott Williams Maryville, Tn 09-29-09 Listener Since 2007

    Sheep Dog

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    "Finally some truth about FDR in one spot!"

    Mr. Powell does a masterful work disassembling the lefts idol worship of FDR which usually results in fawning ritualistic undulations of pure orgasm over his accomplishments. This communists/statist former president has destroyed untold millions of lives by his policies that still haunt us to this very day. There is a special place in hell for Mr. FDR and it's about time those of us who know better said so. I am sure he and "uncle Joe" are having a good time now...NOT

    5 of 19 people found this review helpful
  •  
    John MelbourneAustralia 08-26-09
    John MelbourneAustralia 08-26-09 Member Since 2014
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    "A Book for our Times"

    This book presents a critical view of the economic policies of this remarkable president. FDR is remembered best for his role as an inspirational war leader, and for his tragic death at the gates of victory. However, the author presents a strong critique of FDR's policies for dealing with the Great Depression. Hopefully it has been read and carefully studied by the advisers of President Obama

    3 of 12 people found this review helpful
  •  
    Joseph Fayetteville, NC, USA 03-31-09
    Joseph Fayetteville, NC, USA 03-31-09 Member Since 2005
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    "A Must Listen During These Troubled Times"

    Just finished this book today and it is a must listen during these troubled economic times. The author provides an excellent review of the major New Deal legislation, policies, and players and the effect that these had on the nation's economy. Definitely worth listening to; I'm going to get the print version!

    3 of 12 people found this review helpful
  •  
    Mark Cornelius, NC, United States 12-15-11
    Mark Cornelius, NC, United States 12-15-11
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    "IQ is no match for common sense"
    Where does FDR's Folly rank among all the audiobooks you’ve listened to so far?

    The similarities between what Obama and his administration is doing and FDR did in the 30's is scary. It is such a shame that the true results of poor governmental decisions are archived and forgotten instead of studied and avoided in the future


    If you were to make a film of this book, what would be the tag line be?

    History was kind to FDR, but the truth is not.


    0 of 2 people found this review helpful
  •  
    Thomas WATERFORD, MI, United States 11-28-11
    Thomas WATERFORD, MI, United States 11-28-11 Member Since 2001

    Mostly non-fiction: biographies, history, science, etc.

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    "An enlightening closer look"

    This is a fascinating and detail account taking apart FDR's New Deal and exposing it weaknesses. Some things I learned here new to me were that unit banking laws in American versus the branch banking laws in Canada (more like current laws) may have been one reason why the Depression was longer and worse in the U.S. than right across the border in Canada. Also, the Depression was much longer than I knew: 17% average unemployment for most of a decaded with no year below 14% during that time. The book makes a compelling case that the U.S. emerged from the Great Depression in spite of FDR's policies, not because of them.

    Good narration.

    0 of 2 people found this review helpful
  •  
    Deborah Killeen, TX, USA 09-12-09
    Deborah Killeen, TX, USA 09-12-09 Member Since 2014
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    "Great book but the dubbing was horrible."

    Very informative book that will really bring truth to how FDR handled the Great Depression. The only problem I have with the book is the dubbing for the narrator. Just when you get settled into the cadence, rhythm and tone of Mr. Hughes' voice, it sounds as if every once in a while someone else is narrating the book. I don't know if it's bad dubbing when correcting any errors or if it's another man that sounds similar to Mr. Hughes, but it is noticeable and it catches you off guard every now and again. That is why I rated this book at only 3 stars instead of 4.

    1 of 6 people found this review helpful
  •  
    Dan Newington, CT, United States 01-21-10
    Dan Newington, CT, United States 01-21-10
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    "Way too long"

    The concept of this book is great -- the research is quite in-depth. But there is way too much detail which takes us away from the main thrust of the book -- that FDR's policies likely contributed to a lengthening of the Great Depression. Too often we have to listen to microscopic details about quite minor figures in the book. Take a pass on this one.

    0 of 7 people found this review helpful
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