Episode 176 - Redefining Money

The great economic straight-jacket of the 1920s and 30s was the Gold Standard, which created a global system that seemingly locked everybody into a stable system. I've talked about that enough already, so today I'm talking about how the Roosevelt administration began distancing itself from the old ways. Bibliography for this episode:    Kennedy, David M. Freedom From Fear: The American People in Depression and War 1929-1945 Oxford University Press 1999 Hiltzik, Michael The New Deal: A Modern History Simon and Schuster 2011 Schlesinger Jr, Arthur M. The Age of Roosevelt Volume II: The Coming of the New Deal 1933-1935 First Mariner Books 2003 Katznelson, Ira Fear Itself: The New Deal and the Origins of Our Time W.W. Norton and Company, Inc 2013 Smith, Jason Scott A Concise History of the New Deal Cambridge University Press 2014 Engerman, Stanley L. and Robert E. Gallman The Cambridge Economic History of the United States, Volume III: The Twentieth Century Cambridge University Press 2000 Questions? Comments? Email me at [email protected]