What Was New About the New Deal?

65 Pages Posted: 3 Aug 2012  

Price V. Fishback

University of Arizona; National Bureau of Economic Research (NBER)

John Joseph Wallis

University of Maryland - Department of Economics; National Bureau of Economic Research (NBER)

Date Written: August 2012

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?

Suggested Citation

Fishback, Price V. and Wallis, John Joseph, What Was New About the New Deal? (August 2012). NBER Working Paper No. w18271. Available at SSRN: https://ssrn.com/abstract=2123010

Price V. Fishback (Contact Author)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

University of Arizona ( email )

Tucson, AZ 85721-0108
United States
520-621-4421 (Phone)
520-621-8450 (Fax)

John J. Wallis

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

University of Maryland - Department of Economics ( email )

College Park, MD 20742
United States
301-405-3552 (Phone)

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