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Editorial Reviews
From Publishers Weekly
This breezy narrative comes from the pen of a veteran journalist and economics reporter. Rather than telling a new story, she tells an old one (scarcely lacking for historians) in a fresh way. Shlaes brings to the tale an emphasis on economic realities and consequences, especially when seen from the perspective of monetarist theory, and a focus on particular individuals and events, both celebrated and forgotten (at least relatively so). Thus the spotlight plays not only on Andrew Mellon, Wendell Wilkie and Rexford Tugwell but also on Father Divine and the Schechter brothers—kosher butcher wholesalers prosecuted by the federal National Recovery Administration for selling "sick chickens." As befits a former writer for the Wall Street Journal, Shlaes is sensitive to the dangers of government intervention in the economy—but also to the danger of the government's not intervening. In her telling, policymakers of the 1920s weren't so incompetent as they're often made out to be—everyone in the 1930s was floundering and all made errors—and WWII, not the New Deal, ended the Depression. This is plausible history, if not authoritative, novel or deeply analytical. It's also a thoughtful, even-tempered corrective to too often unbalanced celebrations of FDR and his administration's pathbreaking policies. 16 pages of b&w photos. (June 12)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
From AudioFile
Terence Aselford does an excellent job with Shlaess revisionist account of the Great Depression. He narrates in a lively manner and manages to maintain clarity during the authors interesting, but lengthy, digressions. Listeners will meet many men, and some women, who were once household names but are now hardly remembered, including New Dealers Tugwell, Perkins, Wallace, and Wendel Willke, who ran for president against Roosevelt in 1940. Shlaes interweaves informative mini-biographies of these and many of the periods major political characters, forming a reconsideration of the causes of the Great Depression and the relative effectiveness of the New Deal. This is a genuinely interesting story well told. R.E.K. © AudioFile 2007, Portland, Maine-- Copyright © AudioFile, Portland, Maine --This text refers to the Audio CD edition.
See all Editorial Reviews
This breezy narrative comes from the pen of a veteran journalist and economics reporter. Rather than telling a new story, she tells an old one (scarcely lacking for historians) in a fresh way. Shlaes brings to the tale an emphasis on economic realities and consequences, especially when seen from the perspective of monetarist theory, and a focus on particular individuals and events, both celebrated and forgotten (at least relatively so). Thus the spotlight plays not only on Andrew Mellon, Wendell Wilkie and Rexford Tugwell but also on Father Divine and the Schechter brothers—kosher butcher wholesalers prosecuted by the federal National Recovery Administration for selling "sick chickens." As befits a former writer for the Wall Street Journal, Shlaes is sensitive to the dangers of government intervention in the economy—but also to the danger of the government's not intervening. In her telling, policymakers of the 1920s weren't so incompetent as they're often made out to be—everyone in the 1930s was floundering and all made errors—and WWII, not the New Deal, ended the Depression. This is plausible history, if not authoritative, novel or deeply analytical. It's also a thoughtful, even-tempered corrective to too often unbalanced celebrations of FDR and his administration's pathbreaking policies. 16 pages of b&w photos. (June 12)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
From AudioFile
Terence Aselford does an excellent job with Shlaess revisionist account of the Great Depression. He narrates in a lively manner and manages to maintain clarity during the authors interesting, but lengthy, digressions. Listeners will meet many men, and some women, who were once household names but are now hardly remembered, including New Dealers Tugwell, Perkins, Wallace, and Wendel Willke, who ran for president against Roosevelt in 1940. Shlaes interweaves informative mini-biographies of these and many of the periods major political characters, forming a reconsideration of the causes of the Great Depression and the relative effectiveness of the New Deal. This is a genuinely interesting story well told. R.E.K. © AudioFile 2007, Portland, Maine-- Copyright © AudioFile, Portland, Maine --This text refers to the Audio CD edition.
See all Editorial Reviews
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