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The money makers: how Roosevelt and Keynes ended the depression, defeated fascism, and secured a prosperous peace

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Language:
English
Description
Shortly after arriving in the White House in early 1933, Franklin Roosevelt took the United States off the gold standard. His opponents thought his decision unwise at best, and ruinous at worst. But they could not have been more wrong.
With The Money Makers, Eric Rauchway tells the absorbing story of how FDR and his advisors pulled the levers of monetary policy to save the domestic economy and propel the United States to unprecedented prosperity and superpower status. Drawing on the ideas of the brilliant British economist John Maynard Keynes, among others, Roosevelt created the conditions for recovery from the Great Depression, deploying economic policy to fight the biggest threat then facing the nation: deflation.
Throughout the 1930s, he also had one eye on the increasingly dire situation in Europe. In order to defeat Hitler, Roosevelt turned again to monetary policy, sending dollars abroad to prop up the faltering economies of Britain and, beginning in 1941, the Soviet Union. FDR's fight against economic depression and his fight against fascism were indistinguishable. As Rauchway writes, "Roosevelt wanted to ensure more than business recovery; he wanted to restore American economic and moral strength so the US could defend civilization itself." The economic and military alliance he created proved unbeatable-and also provided the foundation for decades of postwar prosperity. Indeed, Rauchway argues that Roosevelt's greatest legacy was his monetary policy. Even today, the "Roosevelt dollar" remains both the symbol and the catalyst of America's vast economic power.
The Money Makers restores the Roosevelt dollar to its central place in our understanding of FDR, the New Deal, and the economic history of twentieth-century America. We forget this history at our own peril. In revealing the roots of our postwar prosperity, Rauchway shows how we can recapture the abundance of that period in our own.
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ISBN:
9780465049691
9780465061563
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Grouping Information

Grouped Work ID21c8f05c-b18f-6bc6-20c4-5b643efb66bc
Grouping Titlemoney makers how roosevelt and keynes ended the depression defeated fascism and secured a prosperous peace
Grouping Authoreric rauchway
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2024-05-19 03:32:13AM
Last Indexed2024-05-19 03:44:24AM

Solr Fields

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author
Rauchway, Eric
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hoopla digital
author_display
Rauchway, Eric
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display_description
Shortly after arriving in the White House in early 1933, Franklin Roosevelt took the United States off the gold standard. His opponents thought his decision unwise at best, and ruinous at worst. But they could not have been more wrong.
With The Money Makers, Eric Rauchway tells the absorbing story of how FDR and his advisors pulled the levers of monetary policy to save the domestic economy and propel the United States to unprecedented prosperity and superpower status. Drawing on the ideas of the brilliant British economist John Maynard Keynes, among others, Roosevelt created the conditions for recovery from the Great Depression, deploying economic policy to fight the biggest threat then facing the nation: deflation.
Throughout the 1930s, he also had one eye on the increasingly dire situation in Europe. In order to defeat Hitler, Roosevelt turned again to monetary policy, sending dollars abroad to prop up the faltering economies of Britain and, beginning in 1941, the Soviet Union. FDR's fight against economic depression and his fight against fascism were indistinguishable. As Rauchway writes, "Roosevelt wanted to ensure more than business recovery; he wanted to restore American economic and moral strength so the US could defend civilization itself." The economic and military alliance he created proved unbeatable-and also provided the foundation for decades of postwar prosperity. Indeed, Rauchway argues that Roosevelt's greatest legacy was his monetary policy. Even today, the "Roosevelt dollar" remains both the symbol and the catalyst of America's vast economic power.
The Money Makers restores the Roosevelt dollar to its central place in our understanding of FDR, the New Deal, and the economic history of twentieth-century America. We forget this history at our own peril. In revealing the roots of our postwar prosperity, Rauchway shows how we can recapture the abundance of that period in our own.
format_catalog
Book
eBook
format_category_catalog
Books
eBook
id
21c8f05c-b18f-6bc6-20c4-5b643efb66bc
isbn
9780465049691
9780465061563
itype_catalog
Adult Book Non-Fiction
last_indexed
2024-05-19T10:44:24.573Z
lexile_score
-1
literary_form
Non Fiction
literary_form_full
Non Fiction
local_callnumber_catalog
339.53 R241 2015
owning_library_catalog
Sacramento Public Library
owning_location_catalog
Central
primary_isbn
9780465049691
publishDate
2015
publisher
Basic Books
Basic Books, a member of the Perseus Books Group
recordtype
grouped_work
subject_facet
Depressions -- 1929 -- United States
Economic history
Electronic books
Heads of state
Keynes, John Maynard, -- 1883-1946 -- Influence
Presidents
Roosevelt, Franklin D. -- (Franklin Delano), -- 1882-1945 -- Influence
Twentieth century
United Nations Monetary and Financial Conference -- (1944 : -- Bretton Woods, N.H.)
United States -- Economic conditions -- 1918-1945
United States -- Economic policy -- 1933-1945
title_display
The money makers : how Roosevelt and Keynes ended the depression, defeated fascism, and secured a prosperous peace
title_full
The Money Makers : How Roosevelt and Keynes Ended the Depression, Defeated Fascism, and Secured a Prosperous Peace [electronic resource] / Eric Rauchway
The Money Makers How Roosevelt and Keynes Ended the Depression, Defeated Fascism, and Secured a Prosperous Peace
The money makers : how Roosevelt and Keynes ended the depression, defeated fascism, and secured a prosperous peace / Eric Rauchway
title_short
The money makers
title_sub
how Roosevelt and Keynes ended the depression, defeated fascism, and secured a prosperous peace
topic_facet
Biography & Autobiography
Business
Depressions
Economic conditions
Economic history
Economic policy
Electronic books
Heads of state
History
Influence
Keynes, John Maynard
Nonfiction
Presidents
Roosevelt, Franklin D
Twentieth century

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