One of the most dangerous and persistent historical myths is the myth claiming that FDR and the New Deal ended the Great Depression. Even worse were his obsession with starting a war with Japan, and his cruel and illegal crusade against loyal Japanese Americans. A new biography of FDR exposes the failures of his regime.
Yet, the spirit behind FDR’s disasters persists, and we can now see this in the soaring costs of health care fueled by Obamacare.
Ryan McMaken, Editor-in-Chief
Bursting the Bubble that Was FDR
William L. Anderson
David Beito’s new biography on Franklin D. Roosevelt is not the hagiographic nonsense that has dominated the US history profession. That is a good thing. Americans should know how FDR’s presidency led to one disaster after another.
As Congress scrambles to extend emergency subsidies to keep Obamacare afloat, it can be tempting to view the bill that made healthcare less affordable as a total failure. But that wasn’t the true purpose of the ACA. It was always meant to prop up the faltering crony healthcare system.
Abraham Lincoln is best known for his role as a wartime president, but his economic policies were a precursor to the New Deal, from railroad subsidies to a national banking system.
In the latest issue of The Misesian, we give readers a sense of what happens at Mises University by featuring lectures and photos from the event, as well as testimonials from students.