Harry Kreisler welcomes Pulitzer Prize winning historian David M. Kennedy to discuss what can be learned from The Great Depression. Professor Kennedy analyzes the genius of Roosevelt's leadership, the tragedy of Herbert Hoover, the relationship between FDR's short term goals to deal with the economy and his long term goals to establish a new political coalition and create institutions to stabilize American capitalism and more equitably distribute its resources. Kennedy draws parallels with the current global economic crisis and the lessons that the Obama administration could learn from the New Deal.
Lessons from FDR's New Deal
David M. Kennedy
McLachlan Professor of History Emeritus, Stanford University