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« Double-edged metaphor of the day | Main | Cartoon greatness »

Friday, February 9, 2007

New Deal: Yea or Nay

Point-counterpoint exchanges on many Web sites tend to get awfully windy and digressive. This debate between Brad DeLong, the Berkeley economist and blogger, and Arnold Kling, of the Cato Institute, on the pros and cons of the New Deal, is more like a brisk tennis match.

(DeLong stresses the pros. Kling says something resembling the New Deal was inevitable -- or economically desparate Americans might have turned to extremism -- but says 1. its effects were smaller than often asserted and 2. over the long term FDR's programs deformed Americans' view of the role of government.)

Posted by Christopher Shea at 03:40 PM
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