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What Was New About the New Deal?

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  • Price V. Fishback
  • John Joseph Wallis

Abstract

During the presidential election of 1932 Franklin Roosevelt promised a New Deal for the American people. Our goal is to describe the changes wrought by the New Deal. To what extent did the New Deal expand existing programs? What new programs were created at all levels of government? How did the Federal government take over programs that had previously been the responsibility of state and local governments? We then survey the recent research that examines the impact of the programs. Finally, why did some programs persist and others fail?

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 18271.

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Date of creation: Aug 2012
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Handle: RePEc:nbr:nberwo:18271

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References

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  1. David Strömberg, 2004. "Radio's Impact on Public Spending," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 119(1), pages 189-221, February.
  2. Fishback, Price V. & Horrace, William C. & Kantor, Shawn, 2005. "Did New Deal Grant Programs Stimulate Local Economies? A Study of Federal Grants and Retail Sales During the Great Depression," The Journal of Economic History, Cambridge University Press, vol. 65(01), pages 36-71, March.
  3. Todd C. Neumann & Price V. Fishback & Shawn Kantor, 2007. "The Dynamics of Relief Spending and the Private Urban Labor Market During the New Deal," NBER Working Papers 13692, National Bureau of Economic Research, Inc.
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  19. Price V. Fishback & Michael R. Haines & Shawn Kantor, 2005. "Births, Deaths, and New Deal Relief during the Great Depression," NBER Working Papers 11246, National Bureau of Economic Research, Inc.
  20. Jonathan D. Rose, 2011. "The Incredible HOLC? Mortgage Relief during the Great Depression," Journal of Money, Credit and Banking, Blackwell Publishing, Blackwell Publishing, vol. 43(6), pages 1073-1107, 09.
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  25. Depew, Briggs & Fishback, Price V. & Rhode, Paul W., 2013. "New deal or no deal in the Cotton South: The effect of the AAA on the agricultural labor structure," Explorations in Economic History, Elsevier, vol. 50(4), pages 466-486.
  26. Robert K. Fleck, 2008. "Voter Influence and Big Policy Change: The Positive Political Economy of the New Deal," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 116(1), pages 1-37, 02.
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  28. Reading, Don C., 1973. "New Deal Activity and the States, 1933 to 1939," The Journal of Economic History, Cambridge University Press, vol. 33(04), pages 792-810, December.
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  34. Price V. Fishback & Ryan S. Johnson & Shawn Kantor, 2010. "Striking at the Roots of Crime: The Impact of Welfare Spending on Crime during the Great Depression," Journal of Law and Economics, University of Chicago Press, vol. 53(4), pages 715 - 740.
  35. Wright, Gavin, 1974. "The Political Economy of New Deal Spending: An Econometric Analysis," The Review of Economics and Statistics, MIT Press, vol. 56(1), pages 30-38, February.
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Cited by:
  1. Nicholas Crafts, 2013. "Long-Term Growth in Europe: What Difference does the Crisis Make?," National Institute Economic Review, National Institute of Economic and Social Research, vol. 224(1), pages R14-R28, May.

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