All Posts Tagged With: "National Industrial Recovery Act"

Eugenics: Progressivism’s Ultimate Social Engineering

According to the received account of the Progressive Era, an enlightened government swept in and regulated markets for goods, labor, and capital, thereby protecting the hapless masses from the vicissitudes of unrestrained laissez-faire capitalism. The Progressives had faith that experts would rise above self-interest and implement wise plans to create a great society. The resulting [...]

21Sep2011 | and and Art Carden | 21 comments | Continued

Nothing to Fear: FDR’s Inner Circle and the Hundred Days that Created Modern America

History buffs who focus on the world between the wars will find plenty to ponder in Adam Cohen’s Nothing to Fear. Openly critical books–from The Roosevelt Myth by John T. Flynn (1948) to FDR’s Folly by Jim Powell (2003)–have laid bare the politics and economics of Franklin Roosevelt’s New Deal, showing us how not to [...]

20Apr2010 | Roger W. Garrison | 3 comments | Continued

“We Want to be Regulated”

Efforts in Washington to write a major climate-change law are causing some Bootlegger/Baptist coalitions to fall apart and new ones to emerge. In late September Exelon Corporation, a major electric utility, followed industry partners Pacific Gas & Electric (PG&E) and PNM when it resigned from the U.S. Chamber of Commerce. The Chamber opposed the Waxman-Markey [...]

5Jan2010 | Bruce Yandle | 6 comments | Continued

The Great Duration, 1929–41

Economists, following the usage of Milton Friedman and Anna Schwartz in their classic Monetary History of the United States, call the economic collapse between 1929 and 1933 the Great Contraction. In my own writings, I have added two similar terms to refer to other aspects of the Great Depression—the Great Duration and the Great Escape. [...]

1Jul2007 | Robert Higgs | 0 comments | Continued

Which New Deal Program Had a Death Rate?

Franklin Roosevelt’s New Deal was often hazardous to the health of the American economy. Sometimes it was even hazardous to the health of Americans. An example is Roosevelt ‘s almost-forgotten decision in 1934 to cancel the federal airmail contracts. Here is the story. Airmail service began in 1918, and the first such flights were done [...]

1Nov2006 | Burton W. Folsom Jr. | 0 comments | Continued

Freedom for Workers

In my January/February column this year I explained why I believe that, given the existence of the National Labor Relations Act (NLRA), which regulates American labor-management relations, a classical liberal should support a national right-to-work-act. Last year Freeman book review editor George Leef published Free Choice for Workers: A History of the Right to Work [...]

1Sep2006 | Charles W. Baird | 0 comments | Continued

Henry Ford and the Triumph of the Auto Industry

Anyone strolling by 58 Bagley Street in Detroit early in the morning of June 4, 1896, would have seen a strange sight: Henry Ford, ax in hand, was smashing open the brick wall of his rented garage. He had just started his first gas-powered car, and it was too big to fit through the door. [...]

1Jan1998 | Burton W. Folsom Jr. | 0 comments | Continued

Labors True Magna Charta

Labor is a commodity whether exchanged directly or indirectly—directly as a service or indirectly as the bag of wheat produced by one’s labor. Since the beginning of 1933 more than 630 million man-days of work have been lost as a direct result of work stoppages, with no account taken of the secondary idleness caused by [...]

1Sep1956 | Paul L. Poirot | 0 comments | Continued

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