The money makers: how Roosevelt and Keynes ended the depression, defeated fascism, and secured a prosperous peace
(Book)
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.
Keynes, John Maynard, -- 1883-1946 -- Influence.
Roosevelt, Franklin D. -- (Franklin Delano), -- 1882-1945 -- Influence.
United Nations Monetary and Financial Conference -- (1944 : -- Bretton Woods, N.H.)
United States -- Economic conditions -- 1918-1945.
United States -- Economic policy -- 1933-1945.
Notes
Rauchway, E. (2015). The money makers: how Roosevelt and Keynes ended the depression, defeated fascism, and secured a prosperous peace. New York, Basic Books, a member of the Perseus Books Group.
Chicago / Turabian - Author Date Citation (style guide)Rauchway, Eric. 2015. The Money Makers: How Roosevelt and Keynes Ended the Depression, Defeated Fascism, and Secured a Prosperous Peace. New York, Basic Books, a member of the Perseus Books Group.
Chicago / Turabian - Humanities Citation (style guide)Rauchway, Eric, The Money Makers: How Roosevelt and Keynes Ended the Depression, Defeated Fascism, and Secured a Prosperous Peace. New York, Basic Books, a member of the Perseus Books Group, 2015.
MLA Citation (style guide)Rauchway, Eric. The Money Makers: How Roosevelt and Keynes Ended the Depression, Defeated Fascism, and Secured a Prosperous Peace. New York, Basic Books, a member of the Perseus Books Group, 2015.
Record Information
Last Sierra Extract Time | Apr 12, 2024 10:42:15 PM |
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Last File Modification Time | Apr 12, 2024 10:42:30 PM |
Last Grouped Work Modification Time | Apr 23, 2024 02:10:41 AM |
MARC Record
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001 | ocn903675854 | ||
003 | OCoLC | ||
005 | 20151216093751.0 | ||
008 | 150424s2015 nyua b 001 0 eng | ||
010 | |a 2015015259 | ||
020 | |a 9780465049691 | ||
020 | |a 0465049699 | ||
040 | |a DLC|b eng|e rda|c DLC|d YDXCP|d BDX|d BTCTA|d OCLCO|d OCLCF|d IMmBT | ||
042 | |a pcc | ||
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049 | |a JRSA | ||
050 | 0 | 0 | |a HC106.3|b .R26 2015 |
082 | 0 | 0 | |a 339.5/3097309043|2 23 |
099 | |a 339.53 R241 2015 | ||
100 | 1 | |a Rauchway, Eric. | |
245 | 1 | 4 | |a The money makers :|b how Roosevelt and Keynes ended the depression, defeated fascism, and secured a prosperous peace /|c Eric Rauchway. |
264 | 1 | |a New York :|b Basic Books, a member of the Perseus Books Group,|c [2015] | |
300 | |a xxx, 305 pages :|b illustrations ;|c 25 cm | ||
336 | |a text|b txt|2 rdacontent | ||
337 | |a unmediated|b n|2 rdamedia | ||
338 | |a volume|b nc|2 rdacarrier | ||
504 | |a Includes bibliographical references (pages 251-290) and index. | ||
505 | 0 | |a A system to save the world: 1918-1919 -- The last days of the gold dollar: 1932-1933 -- The future of the dollar begins: March 6-10, 1933 -- Prosperity first: March 11-July 4, 1933 -- A dollar to stop revolution: 1933-1934 -- A new dollar, if you can keep it: 1934-1935 -- The antifascist dollar: 1934-1939 -- Blood and treasure, 1939-41 -- Whose dollar is it anyway? 1942-1943 -- To the Fabyan Station: 1943-1944 -- The Bretton Woods disagreements: 1944 -- The battle for Bretton Woods, 1945. | |
600 | 1 | 0 | |a Roosevelt, Franklin D.|q (Franklin Delano),|d 1882-1945|x Influence. |
600 | 1 | 0 | |a Keynes, John Maynard,|d 1883-1946|x Influence. |
611 | 2 | 0 | |a United Nations Monetary and Financial Conference|d (1944 :|c Bretton Woods, N.H.) |
650 | 0 | |a Depressions|y 1929|z United States. | |
651 | 0 | |a United States|x Economic policy|y 1933-1945. | |
651 | 0 | |a United States|x Economic conditions|y 1918-1945. | |
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