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What Was New About the New Deal?Price V. FishbackUniversity of Arizona; National Bureau of Economic Research (NBER) John Joseph WallisUniversity of Maryland - Department of Economics; National Bureau of Economic Research (NBER) August 2012 NBER Working Paper No. w18271 Abstract: During the presidential election of 1932 Franklin Roosevelt promised a New Deal for the American people. Our goal is to describe the changes wrought by the New Deal. To what extent did the New Deal expand existing programs? What new programs were created at all levels of government? How did the Federal government take over programs that had previously been the responsibility of state and local governments? We then survey the recent research that examines the impact of the programs. Finally, why did some programs persist and others fail? Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without additional charge at www.nber.org.
Number of Pages in PDF File: 65 working papers seriesDate posted: August 3, 2012Suggested CitationContact Information
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