The Politically Incorrect Guide to American History

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10. The Economics of the New Deal and World War II

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Tags U.S. EconomyU.S. HistoryWar and Foreign Policy

02/21/2007Thomas E. Woods, Jr.

While many Americans were hungry and destitute, FDR ordered the slaughter of six million pigs and the destruction of ten million acres of cotton. Public-sector jobs created by the New Deal displaced or destroyed private-sector jobs. World War II didn’t end the Great Depression; a return to free-market activity after the war did.

Lecture 10 of 14 from Tom Woods' The Politically Incorrect Guide to American History lecture series.

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Contact Thomas E. Woods, Jr.

Tom Woods, a senior fellow of the Mises Institute, is the author of a dozen books, most recently Real Dissent: A Libertarian Sets Fire to the Index Card of Allowable Opinion. Tom's articles have appeared in dozens of popular and scholarly periodicals, and his books have been translated into a dozen languages. Tom hosts the Tom Woods Show, a libertarian podcast that releases a new episode every weekday. With Bob Murphy, he co-hosts Contra Krugman, a weekly podcast that refutes Paul Krugman's New York Times column.

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