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2/20/2009

Amity Shlaes: The Forgotten Man

The Forgotten Man

"It's difficult today to imagine how America survived the Great Depression. Only through the stories of the common people who struggled during that era can we really understand how the nation endured. These are the people at the heart of Amity Shlaes's insightful and inspiring history of one of the most crucial events of the twentieth century.

In The Forgotten Man, Amity Shlaes, one of the nation's most respected economic commentators, offers a striking reinterpretation of the Great Depression.

Rejecting the old emphasis on the New Deal, she turns to the neglected and moving stories of individual Americans, and shows how through brave leadership they helped establish the steadfast character we developed as a nation.

Some of those figures were well known, at least in their day--Andrew Mellon, the Greenspan of the era; Sam Insull of Chicago, hounded as a scapegoat.

But there were also unknowns: the Schechters, a family of butchers in Brooklyn who dealt a stunning blow to the New Deal; Bill W., who founded Alcoholics Anonymous in the name of showing that small communities could help themselves; and Father Divine, a black charismatic who steered his thousands of followers through the Depression by preaching a Gospel of Plenty.

Shlaes also traces the mounting agony of the New Dealers themselves as they discovered their errors. She shows how both Presidents Hoover and Roosevelt failed to understand the prosperity of the 1920s and heaped massive burdens on the country that more than offset the benefit of New Deal programs.

The real question about the Depression, she argues, is not whether Roosevelt ended it with World War II. It is why the Depression lasted so long. From 1929 to 1940, federal intervention helped to make the Depression great-in part by forgetting the men and women who sought to help one another.

Authoritative, original, and utterly engrossing, The Forgotten Man offers an entirely new look at one of the most important periods in our history. Only when we know this history can we understand the strength of American character today."



Customer Review: Really in depth look at the leaders of the time and their thoughts

I think she did a great job of being non partisan. Obviously she doesnt agree with Roosevelt and I dont know who can with some of the things he pulled. The scary thing is the similarity of then to now. Great read and I wish they would use it in Colleges if not High schools to give another view of that time. We ask so much of our kids now at an earlier age, I think they can even take discussions of this in High School also. I mean they vote at 18 without really any knowledge of the world so it all has to come from parents and school.



We are totally changing the ideals of this country, not the place to debate rightly or wrongly, so books like this need to be out there to help give people some information on the other side of the New Deal argument. At least that way we can agree or not to change the country from Uncle Sam to Mommy Sam.


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