The worldwide Great Depression of the 1930s was the most traumatic event of the twentieth century. It ushered in substantial expansions in the role of governments around the world, focused attention on social insurance, and for a time bolstered socialist economic ideas as a form of cure. Skepticism about the effectiveness of government withered as the free market failed, and it seems safe to say that Keynesian economics would not have flourished if the depression had not occurred. While this severe contraction has been extensively examined, we are just now--thanks to increasingly...
The worldwide Great Depression of the 1930s was the most traumatic event of the twentieth century. It ushered in substantial expansions in the role of...
Splendid Failure describes the skill with which the postwar freedpeople pursued an agenda of racial justice, accurately perceiving that this was the only issue that mattered in the new South. But in acting on this insight-demanding representation in office and greater civil rights protections-they antagonized the Northern support they needed to survive, and fed a gathering racial backlash. Thus, Mr. Fitzgerald argues, Southern Republicans set the stage for the explosion that swept them from power and resulted in Northern acquiescence to the bloody repression of voting rights. The failed...
Splendid Failure describes the skill with which the postwar freedpeople pursued an agenda of racial justice, accurately perceiving that this was the o...
