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The Forgotten Man: A New History of the Great Depression

Amity Shlaes

The Forgotten Man: A New History of the Great Depression Amity Shlaes Amazon Price: $9.57
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By: Harper Perennial
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Customer Reviews:
Total reviews: 152 Average rating: 4.0 of 5

A Different Take on the Great Depression 4 out of 5 stars.
1 of 1 people found this review helpful.

In Shlaes's new history of the Great Depression, policymakers of the 1920's aren't as ridiculously incompentent as they're often made out to be and FDR and crew aren't economic magicians. It's a refreshing and balanced take, and a worthwhile read. In the middle, "The Forgotten Man" gets bogged down in detail that doesn't feel relevant to the central premise. Also, if you're looking for a complete overview of the era, you will need to read some supplementary texts--there's no "man-on-the-street" perspective in this book. Still, despite its flaws, this is a well-written read that kept me engrossed for several nights.

Way Too Long 3 out of 5 stars.
0 of 0 people found this review helpful.

The book is just way too long. Excellent review of the great depression, but just way too much information. I put the book down 1/2 through. I found it very interresting, but again, just way to long.

Editorial Review:

In The Forgotten Man, Amity Shlaes, one of the nation's most-respected economic commentators, offers a striking reinterpretation of the Great Depression. She traces the mounting agony of the New Dealers and the moving stories of individual citizens who through their brave perseverance helped establish the steadfast character we recognize as American today.

The Defining Moment: FDR's Hundred Days and the Triumph of Hope

Jonathan Alter

The Defining Moment: FDR's Hundred Days and the Triumph of Hope Jonathan Alter Amazon Price: $10.88
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By: Simon & Schuster
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Customer Reviews:
Total reviews: 37 Average rating: 4.5 of 5

1932 from today's perspective 4 out of 5 stars.
4 of 4 people found this review helpful.

This book was apparently written with the goal of showing how Roosevelt attained success in his first 100 days, but it often comes off sounding more negative than positive. I grew up imagining Roosevelt was a genius and close to perfect president. The impression I got from this book was that his sense of hope, showmanship and tireless dedication to always try something trumped an average grasp of the subject, and some odd personality and character traits. Much of this book actually seems to suggest between the lines that Herbert Hoover was more competent with the issues, and should almost be given some credit for the initial New Deal successes. I would say that there are numerous places in the book where history is being interpreted through today's lens. There are footnotes that make comparisons to more contemporary presidents and events, and it's obvious the writer has the current climate of opinion in mind when writing. Overall, I found the book fascinating. I discovered many things I did not previously know. For example, the country was almost hoping for a dictator in 1932. Both parties favored balanced budgets and tax increases during the early part of the depression. Roosevelt perhaps delayed recovery by some of his actions. Hope and inspiration were almost as important as the actual policies, and the low point of the depression came the night before Roosevelt's inauguration. I would recommend this book to anyone who would like to make comparisons between the Depression and what the various players did with current times, and what we should consider doing.

Editorial Review:

Jonathan Alter's bestselling and critically acclaimed account of how FDR lifted the country from despair and paralysis and transformed the presidency for all time.

The Great Crash of 1929

John Kenneth Galbraith

The Great Crash of 1929 John Kenneth Galbraith Amazon Price: $11.20
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Customer Reviews:
Total reviews: 48 Average rating: 4.0 of 5

Editorial Review:

Rampant speculation. Record trading volumes. Assets bought not because of their value but because the buyer believes he can sell them for more in a day or two, or an hour or two. Welcome to the late 1920s. There are obvious and absolute parallels to the great bull market of the late 1990s, writes Galbraith in a new introduction dated 1997. Of course, Galbraith notes, every financial bubble since 1929 has been compared to the Great Crash, which is why this book has never been out of print since it became a bestseller in 1955.

Galbraith writes with great wit and erudition about the perilous actions of investors, and the curious inaction of the government. He notes that the problem wasn't a scarcity of securities to buy and sell; "the ingenuity and zeal with which companies were devised in which securities might be sold was as remarkable as anything." Those words become strikingly relevant in light of revenue-negative start-up companies coming into the market each week in the 1990s, along with fragmented pieces of established companies, like real estate and bottling plants. Of course, the 1920s were different from the 1990s. There was no safety net below citizens, no unemployment insurance or Social Security. And today we don't have the creepy investment trusts--in which shares of companies that held some stocks and bonds were sold for several times the assets' market value. But, boy, are the similarities spooky, particularly the prevailing trend at the time toward corporate mergers and industry consolidations--not to mention all the partially informed people who imagined themselves to be financial geniuses because the shares of stock they bought kept going up. --Lou Schuler

Traitor to His Class: The Privileged Life and Radical Presidency of Franklin Delano Roosevelt

H.W. Brands

Traitor to His Class: The Privileged Life and Radical Presidency of Franklin Delano Roosevelt H.W. Brands Amazon Price: $23.10
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By: Doubleday
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Customer Reviews:
Total reviews: 5 Average rating: 4.5 of 5

Editorial Review:

Amazon Best of the Month, November 2008: With Traitor to His Class: The Privileged Life and Radical Presidency of Franklin Delano Roosevelt, H.W. Brands penetrates the clenched grin of Franklin Delano Roosevelt in a masterful biography of one of America's most beloved leaders. Though born into the upper crust of society, FDR dedicated his career to fighting for the common good and the ideals of the American Dream. With the same exhaustive research familiar to fans of his biographies of Benjamin Franklin and Andrew Jackson, Brands provides a portrait of an unflinching (and often recalcitrant) figure whose unshakable confidence inspired a beleaguered nation. FDR's path may have been unorthodox (evidenced by an unprecedented 12 years spent as commander-in-chief) and arguably illegal (the New Deal didn't always work well with the Constitution), but his shared goal of a stronger America at home and abroad endeared him to voters of varying backgrounds. "We are determined to make every American citizen the subject of his country's interest and concern," proclaimed Roosevelt in 1937. "The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." -- -Dave Callanan

The Worst Hard Time: The Untold Story of Those Who Survived the Great American Dust Bowl (Edition 001)

Timothy Egan

The Worst Hard Time: The Untold Story of Those Who Survived the Great American Dust Bowl (Edition 001) Timothy Egan Amazon Price: $10.17
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Customer Reviews:
Total reviews: 190 Average rating: 4.5 of 5

Editorial Review:

The dust storms that terrorized the High Plains in the darkest years
of the Depression were like nothing ever seen before or since.
Timothy Egan's critically acclaimed account rescues this iconic chapter
of American history from the shadows in a tour de force of historical
reportage. Following a dozen families and their communities through
the rise and fall of the region, Egan tells of their desperate attempts to
carry on through blinding black dust blizzards, crop failure, and the
death of loved ones. Brilliantly capturing the terrifying drama of catastrophe,
Egan does equal justice to the human characters who become
his heroes, "the stoic, long-suffering men and women whose lives he
opens up with urgency and respect" (New York Times).

In an era that promises ever-greater natural disasters, The Worst
Hard Time is "arguably the best nonfiction book yet" (Austin Statesman
Journal) on the greatest environmental disaster ever to be visited
upon our land and a powerful cautionary tale about the dangers of
trifling with nature.

Hard Times: An Oral History of the Great Depression

Studs Terkel

Hard Times: An Oral History of the Great Depression Studs Terkel Amazon Price: $11.53
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Customer Reviews:
Total reviews: 17 Average rating: 4.0 of 5

Editorial Review:

First published in 1970, this classic of oral history features the voices of men and women who lived through the Great Depression of the 1930s. It includes accounts by congressmen C. Wright Patman and Hamilton Fish, as well as failed presidential candidate Alf M. Landon, who recalls what it was like to be governor of Kansas in 1933:
Men with tears in their eyes begged for an appointment that would help save their homes and farms. I couldn't see them all in my office. But I never let one of them leave without my coming out and shakin' hands with 'em. I listened to all their stories, each one of 'em. But it was obvious I couldn't take care of all their terrible needs.
The book includes also the perspectives of ordinary men and women, such as Jim Sheridan, who took part in the 1932 march by World War I veterans to petition for their benefits in Washington, D.C., where they were repelled by army troops led by General Douglas MacArthur. Or Edward Santander, who was a child then: "My first memories come about '31. It was simply a gut issue then: eating or not eating, living or not living." Studs Terkel makes history come alive, drawing out experiences and emotions from his interviewees to the degree few have ever been able to match.

Little Heathens: Hard Times and High Spirits on an Iowa Farm During the Great Depression

Mildred Armstrong Kalish

Little Heathens: Hard Times and High Spirits on an Iowa Farm During the Great Depression Mildred Armstrong Kalish Amazon Price: $9.60
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Customer Reviews:
Total reviews: 93 Average rating: 4.5 of 5

Editorial Review:

I tell of a time, a place, and a way of life long gone. For many years I have had the urge to describe that treasure trove, lest it vanish forever. So, partly in response to the basic human instinct to share feelings and experiences, and partly for the sheer joy and excitement of it all, I report on my early life. It was quite a romp.

So begins Mildred Kalish’s story of growing up on her grandparents’ Iowa farm during the depths of the Great Depression. With her father banished from the household for mysterious transgressions, five-year-old Mildred and her family could easily have been overwhelmed by the challenge of simply trying to survive. This, however, is not a tale of suffering.

Kalish counts herself among the lucky of that era. She had caring grandparents who possessed—and valiantly tried to impose—all the pioneer virtues of their forebears, teachers who inspired and befriended her, and a barnyard full of animals ready to be tamed and loved. She and her siblings and their cousins from the farm across the way played as hard as they worked, running barefoot through the fields, as free and wild as they dared.

Filled with recipes and how-tos for everything from catching and skinning a rabbit to preparing homemade skin and hair beautifiers, apple cream pie, and the world’s best head cheese (start by scrubbing the head of the pig until it is pink and clean), Little Heathens portrays a world of hardship and hard work tempered by simple rewards. There was the unsurpassed flavor of tender new dandelion greens harvested as soon as the snow melted; the taste of crystal clear marble-sized balls of honey robbed from a bumblebee nest; the sweet smell from the body of a lamb sleeping on sun-warmed grass; and the magical quality of oat shocking under the light of a full harvest moon.

Little Heathens offers a loving but realistic portrait of a “hearty-handshake Methodist” family that gave its members a remarkable legacy of kinship, kindness, and remembered pleasures. Recounted in a luminous narrative filled with tenderness and humor, Kalish’s memoir of her childhood shows how the right stuff can make even the bleakest of times seem like “quite a romp.”


From the Hardcover edition.

Daily Life in the United States, 1920-1940: How Americans Lived Through the Roaring Twenties and the Great Depression

David E. Kyvig

Daily Life in the United States, 1920-1940: How Americans Lived Through the Roaring Twenties and the Great Depression David E. Kyvig Amazon Price: $12.89
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Customer Reviews:
Total reviews: 10 Average rating: 4.0 of 5

Not so much daily lives 3 out of 5 stars.
17 of 19 people found this review helpful.

My real interest in this book was to learn how ordinary people coped with life in a great depression. What interests me is in finding out how certain parts of society experienced it as I am sure the impact varies greatly.

This book - despite its title - clearly fails to answer this. Sure it tells me some of the reasons around the boom and bust, and some statistics on unemplyment, etc. But what I really wanted was the 'how they lived their lives' aspect that the title and blurb teased me with.

Despite my annoyance, I can't give this a 1 star (which is what it is worth to me) since it is a well written book and covers the topic well.

Editorial Review:

The twenties and thirties witnessed dramatic changes in American life: increasing urbanization, technological innovation, cultural upheaval, and economic disaster. In this fascinating book, the prize-winning historian David Kyvig describes everyday life in these decades, when automobiles and home electricity became commonplace, when radio and the movies became broadly popular.

FDR's Folly: How Roosevelt and His New Deal Prolonged the Great Depression

Jim Powell

FDR's Folly: How Roosevelt and His New Deal Prolonged the Great Depression Jim Powell Amazon Price: $10.17
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Customer Reviews:
Total reviews: 71 Average rating: 3.5 of 5

Editorial Review:

“Admirers of FDR credit his New Deal with restoring the American economy after the disastrous contraction of 1929—33. Truth to tell–as Powell demonstrates without a shadow of a doubt–the New Deal hampered recovery from the contraction, prolonged and added to unemployment, and set the stage for ever more intrusive and costly government. Powell’s analysis is thoroughly documented, relying on an impressive variety of popular and academic literature both contemporary and historical.”
Milton Friedman, Nobel Laureate, Hoover Institution

“There is a critical and often forgotten difference between disaster and tragedy. Disasters happen to us all, no matter what we do. Tragedies are brought upon ourselves by hubris. The Depression of the 1930s would have been a brief disaster if it hadn’t been for the national tragedy of the New Deal. Jim Powell has proven this.”
P.J. O’Rourke, author of Parliament of Whores and Eat the Rich

“The material laid out in this book desperately needs to be available to a much wider audience than the ranks of professional economists and economic historians, if policy confusion similar to the New Deal is to be avoided in the future.”
James M. Buchanan, Nobel Laureate, George Mason University

“I found Jim Powell’s book fascinating. I think he has written an important story, one that definitely needs telling.”
Thomas Fleming, author of The New Dealers’ War

“Jim Powell is one tough-minded historian, willing to let the chips fall where they may. That’s a rare quality these days, hence more valuable than ever. He lets the history do the talking.”
–David Landes, Professor of History Emeritus, Harvard University

“Jim Powell draws together voluminous economic research on the effects of all of Roosevelt’s major policies. Along the way, Powell gives fascinating thumbnail sketches of the major players. The result is a devastating indictment, compellingly told. Those who think that government intervention helped get the U.S. economy out of the depression should read this book.”
David R. Henderson, editor of The Fortune Encyclopedia of Economics and author of The Joy of Freedom


The Great Depression and the New Deal. For generations, the collective American consciousness has believed that the former ruined the country and the latter saved it. Endless praise has been heaped upon President Franklin Delano Roosevelt for masterfully reining in the Depression’s destructive effects and propping up the
country on his New Deal platform. In fact, FDR has achieved mythical status in American history and is considered to be, along with Washington, Jefferson, and Lincoln, one of the greatest presidents of all time. But would the Great Depression have been so catastrophic had the New Deal never been implemented?

In FDR’s Folly, historian Jim Powell argues that it was in fact the New Deal itself, with its shortsighted programs, that deepened the Great Depression, swelled the federal government, and prevented the country from turning around quickly. You’ll discover in alarming detail how FDR’s federal programs hurt America more than helped it, with effects we still feel today, including:

• How Social Security actually increased unemployment
• How higher taxes undermined good businesses
• How new labor laws threw people out of work
• And much more

This groundbreaking book pulls back the shroud of awe and the cloak of time enveloping FDR to prove convincingly how flawed his economic policies actually were, despite his good intentions and the astounding intellect of his circle of advisers. 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.


From the Hardcover edition.

The Great Depression and the New Deal: A Very Short Introduction: A Very Short Introduction (Very Short Introductions)

Eric Rauchway

The Great Depression and the New Deal: A Very Short Introduction: A Very Short Introduction (Very Short Introductions) Eric Rauchway Amazon Price: $9.56
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Customer Reviews:
Total reviews: 2 Average rating: 4.0 of 5

Editorial Review:

The New Deal shaped our nation's politics for decades, and was seen by many as tantamount to the "American Way" itself. Now, in this superb compact history, Eric Rauchway offers an informed account of the New Deal and the Great Depression, illuminating its successes and failures.
Rauchway first describes how the roots of the Great Depression lay in America's post-war economic policies--described as "laissez-faire with a vengeance"--which in effect isolated our nation from the world economy just when the world needed the United States most. He shows how the magnitude of the resulting economic upheaval, and the ineffectiveness of the old ways of dealing with financial hardships, set the stage for Roosevelt's vigorous (and sometimes unconstitutional) Depression-fighting policies. Indeed, Rauchway stresses that the New Deal only makes sense as a response to this global economic disaster. The book examines a key sampling of New Deal programs, ranging from the National Recovery Agency and the Securities and Exchange Commission, to the Public Works Administration and Social Security, revealing why some worked and others did not. In the end, Rauchway concludes, it was the coming of World War II that finally generated the political will to spend the massive amounts of public money needed to put Americans back to work. And only the Cold War saw the full implementation of New Deal policies abroad--including the United Nations, the World Bank, and the International Monetary Fund.
Today we can look back at the New Deal and, for the first time, see its full complexity. Rauchway captures this complexity in a remarkably short space, making this book an ideal introduction to one of the great policy revolutions in history.

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