The Forgotten Man: A New History of the Great Depression
It destroys the myth...more
Shlaes's main thrust is that Franklin Roosevelt's policies served to worsen the Depression. She explains that the flurry of New Deal policies, fired by FDR's hostility to business, created a chaotic environment in which business was...more
My parents and grandparents having lived through that era...more
Having recently read up to 1940 in David Kennedy's "Freedom from Fear," I had begun to understand why the business community greatly disliked the Roosevelt Administration. I had always been curious ab...more
The Forgotten Man is a look at the events of the Great Depression in the United States during the 1930s from the perspective of policy. I found it to be a fascinating look into the lives and viewpoints of people who were involved in the landmark political events during this decade.
The book begins in 1927. Floods in the midwest caused widespread damage through...more
Like a lot of issues, the Great Depression was a lot more complex than we are led to believe. And the recovery, too, was a slow and painstaking process, and was not just a matter of “spending our way back to prosperity.”...more
Shlaes gives interesting details about the personalities of the men and women who influenced FDR. She describes the policies put in place that expanded government and alienated business covering 1927 through 1940 without too many...more
Amity Shlaes’ purpose in writing this book was to explain the Great Depression and how it impacted individuals’ lives. This book is called “The Forgotten Man” because the man is a businessman “that is trying to get along without public relief and has been attempting the same thing since the depression that cracked down on him.” (13)
The theme is stated on the front cover of the book, which is “A New History of the Great Depression.” This theme means that throughout this book one learns about new...more
Secondly, I suggest this book should...more
the book is mostly about the political infighting that occurred in Washington DC.
A thousand names of long forgotten bureaucrats.
The title refers to the American people,
but ironically the book is about the "forgotten" bureaucrats.
I did learn that in 1923 the supreme court ruled that minimum wage laws were unconstitutional.
They interfered with the relationship of a worker and his employer.
A latter group of politicians sitting on the high court changed that.
The final, vague, conclusion is that academics, anti-business interests (left leaning liberals), and an unfocused administration deepened and lengthened the depression.
Shlaes also acknowledges the issue of tarif...more
The Forgotten Man is about the Great Depression but not from the standpoint of the average Joe. For that story, see my review of The Worst Hard Times. This is a story of those at the top who either made the decisions on how to handle the Depression through policy or opposed them. The man that the title refers to is the one who is eager to take a risk in order to get a reward, the "adventurer" as t...more
Shlaes looks at the backgrounds and policies of Roosevelt, Hoover, Willkie, and many of the members of Roosevelt's brain trust. I enjoyed the fresh look at the era and th...more
Shlaes proceeds to tell a rather rather tedious tale of the events of the depression from the p...more
This is the story of a power struggle, not between good and evil, but between two parts of the United State economy, with a mix of good and evil that affected results and motivation. The struggle was between the public and private sector for an 11 year period between 1929 and 40. By the end, the dominance of the public sector was assured. The Forgotten Man is an new attempt to understand why the 1930’s were an economic disaster for the United States, why the Great...more
Shlaes wrote columns for the Financial Times for five years, until September, 2005. Earlier, she worked at the Wall Street Journal, where she was a member of the editorial board.
Presently, Shlaes writes a syndicated column for Bloomberg News. She is a senior fellow in economic history at the Cou...more