Did the New Deal Work?

In 1995, economic historian Robert Whaples published a survey in the Journal of Economic History asking “Where Is There Consensus Among American Economic Historians?” (Vol. 55, March 1995). Half of the economists and a third of historians agreed, in whole or in part, that the New Deal prolonged the Great Depression.

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"One would be very hard-pressed to find a serious professional historian who believes that the New Deal prolonged the Depression."
Newsweek's Daniel Gross

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