How Roosevelt and His New Deal Prolonged the Great Depression By Jim Powell

My interest was kindled when I read that Fed Chairman Ben Bernanke had saluted Milton Friedman and Anna Schwartz with the words “I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.” I wanted to find out why he would say that, and this book seemed a good way of doing it. (Friedman and Schwartz’s book ‘A Monetary History of the United States, 1867-1960′ goes hundreds of pages.)
(more…)