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FDR's Folly

How Roosevelt and His New Deal Prolonged the Great Depression
Narrated by: William Hughes
Length: 9 hrs and 26 mins
Categories: History, 20th Century
4 out of 5 stars (2 ratings)

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Summary

Think FDR was a great president? Think again.

In the minds of historians and the American public alike, Franklin Delano Roosevelt was one of our greatest presidents, not least because he supposedly saved America from the Great Depression. But as historian Jim Powell reveals in this groundbreaking book, Roosevelt's New Deal policies actually prolonged and exacerbated the economic disaster, swelled the federal government, and prevented the country from turning around quickly.

In today's turbulent domestic and global environment, eerily similar to that of the 1930s, it's more important than ever before to uncover and understand the truth of our history, lest we be doomed to repeat it. You'll never look at FDR in the same way again.

©2003 Jim Powell (P)2008 Blackstone Audio, Inc.

Critic reviews

"Very readable, factual, and insightful - and endorsed by two Nobel Prize-winning economists." (Thomas Sowell, Senior Fellow, Hoover Institution, Stanford University)

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  • Mr
  • 17-11-12

An entertaining wander through creative history

If a smart witty writer set out to write a satire on politically motivated mis-interpretation of history, a finer job would be hard to find. Attracted by the title, I approached this book expecting an exploration of how some of FDRs polices were exploited by carpet-baggers or possibly a comparison with later downturns, and how policies advocated, but never used in the great depression would have been more helpful.

Instead, this book is one of the greatest acts of revisionism I've ever seen. Making an assertion, then selecting information that makes the case. No comparison with the 1890s downturn is made, no facts contrary to the case admitted.

This book should be studied in schools as an example of creative writing.

14 of 20 people found this review helpful

  • Overall
    3 out of 5 stars
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  • J Marxen
  • 21-12-08

Educational but listen to the Abridged Version

This is an educational book that puts the various aspects of government great depression programs and regulations into perspective that wasn't covered in any detail during my school years. As you read, it's somewhat scary as many of today's political overtures are along the same lines of what was tried in the great depression era. I only gave this book a three star rating as much of the same main points were rpeated even though the author breaks out each aspect of government focus. I would suggest the abridged version hoping it reduces the amount of this repetition.

13 of 20 people found this review helpful

  • Overall
    4 out of 5 stars
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  • john
  • 14-12-08

FDR's Folly

This book, along with The Forgotten Man, are timely reminders of what occurred when massive federal intervention is the economy was last tried. The narrator does a fine job. FDR's Folly is well deserving of a listener's time and attention.

16 of 29 people found this review helpful

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  • Chiefkent
  • 11-06-12

Scones for the Tea Party

Going into this book I expected to hear a new scholastic exposition upon the failings of the New Deal. Instead it was a Libertarian set piece on how the entire FDR administration efforts were machinations for re-election and to convert the American economy to Socialism! Every single New Deal policy was part of a malicious and devious plan to strip Americans of their individual liberties through increased taxation and larger government. According to the author capitalist free markets that are unconstrained by any regulation are the only historical economies to produce human progress. Any regulation, be it insurance on deposits, Social Security, or limitations on the sale of swamp property, all impede free markets! The book was written in 2002 and hasn't been updated to explain how FDR caused 2008.

19 of 36 people found this review helpful

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  • Joel K. Price
  • 11-01-20

Roosevelt wasn’t all he’s cracked up to be

Books like this expose the truth about FDR and his policies. WE took years longer to recover thanks to the idiotic policies enacted by him and his cronies.

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  • schwerv
  • 16-10-18

Good Stuff.

the audio book is split to make the download faster. however they start with chapter 11 and end with chapter 10.

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  • Eric Blair
  • 04-03-15

Impressive compendium

This is a rigorous treatise on economic reality that disabused me of several historical fantasies that were taught to me as fact.

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  • David
  • 12-05-12

Very Important

Where does FDR's Folly rank among all the audiobooks you’ve listened to so far?

I think this is a must listen or read. FDR is a hero and he should not be. We should learn the lessons he has to offer and not make the same mistakes.

Who was your favorite character and why?

The thugs FDR had on the gov't payroll

2 of 4 people found this review helpful

  • Overall
    5 out of 5 stars
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  • Erik P Young
  • 08-04-09

Excellent Rebuttal of Conventional Wisdom

This is an excellent survey of FDR's damaging actions, and how they ended up extending the Great Depression. It is very relevant to what is going on today. Some of FDR's actions seemed well intentioned, and some were deviously politically motivated. This book reviews taxes to price fixing to union policy to his supreme court packing schemes. An excellent analysis that counters the conventional liberal wisdom that FDR was a great president.

11 of 25 people found this review helpful

  • Overall
    5 out of 5 stars
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  • Donna
  • 30-10-09

The similarities are uncanny!

This book points out what FDR's Administration did during the "New Deal" period. What it really does is act as a road map for what NOT to do for today's economic problems. It was an eye-opening read.

6 of 14 people found this review helpful