Race, Class, and the End of the New Deal in the US Senate

2020 ◽  
pp. 76-106
Keyword(s):  
New Deal ◽  
The Us ◽  
Us Senate ◽  
The New Deal

The Effect of New Deal Policies Revisited

2020 ◽  
Author(s):  
Yangyang Ji
Keyword(s):  
New Deal ◽  
Aggregate Demand ◽  
American Economic Review ◽  
Supply Side ◽  
Natural Rate ◽  
Jel Codes ◽  
The Great Depression ◽  
Us Economy ◽  
The Us ◽  
The New Deal

Abstract Eggertsson (2012, American Economic Review, 102, 524–55) finds that when the nominal interest rate hits the zero lower bound, the aggregate demand (AD) curve becomes upward-sloping and supply-side policies that reduce the natural rate of output, such as the New Deal implemented in the 1930s, are expansionary. His analysis is restricted to a conventional equilibrium where the AD curve is steeper than the aggregate supply (AS) curve. Recent research, however, demonstrates that an alternative equilibrium arises if the AD curve is flatter than the AS curve. In that case, the same policies become contractionary. In this article, I allow for both possibilities, and let data decide which equilibrium the US economy actually resided in during the Great Depression. Following the work of Blanchard and Quah (1989, American Economic Review, 79, 655–73), I find that there is a high probability that New Deal policies were contractionary. (JEL codes: E32, E52, E62, N12).

A Brief History of Congress: From First Branch to Second Fiddle

Congress ◽  
2019 ◽  
pp. 37-77
Author(s):  
Benjamin Ginsberg ◽  
Kathryn Wagner Hill
Keyword(s):  
New Deal ◽  
Institutional Changes ◽  
Postwar Period ◽  
Us Congress ◽  
Jacksonian Era ◽  
The Federalist ◽  
The Us ◽  
Legislative Branch ◽  
History Of ◽  
The New Deal

This chapter examines the history of the US Congress. It pays particular attention to issues of constituency, congressional organization, and the ways in which Congress and the executive have dealt with their constitutional invitation to struggle. Focusing on political changes outside Congress and institutional changes within Congress, the history of the legislative branch can be divided into six political eras. These are the Federalist and Jeffersonian eras, the Jacksonian era, the Civil War Congress, the Republican era, the “New Deal” and postwar period, and the contemporary period of congressional gridlock and presidential unilateralism. During each of these periods, the chapter highlights examples of congressional successes and achievements, but the overall picture is one of institutional retrocession.

Ideology and the New Deal `fact film' Power and the Land

1997 ◽  
Vol 6 (1) ◽  
pp. 19-30 ◽  
Author(s):  
Ronald R. Kline
Keyword(s):  
New Deal ◽  
Science And Technology ◽  
Rural Electrification ◽  
The Public ◽  
Diffusion Of Knowledge ◽  
Award Winning ◽  
The Social ◽  
The Us ◽  
Us Government ◽  
The New Deal

This paper examines the making of the US government documentary film, Power and the Land (1940), in terms of how views about science and technology are communicated to the public. The paper argues that the film was shaped by a complex ideology of technical progress shared by the film's maker and sponsors (the Rural Electrification Administration; the short-lived US Film Service, headed by the award-winning director, Pare Lorentz; and Joris Ivens, an internationally acclaimed Dutch director and leftist), tensions between goals of producing a `factual' and `propagandistic' film, and perceptions of the rural audiences' response. This paper thus argues against the view that science and technology communication is simply the mediated diffusion of knowledge from scientists and engineers to the public (in this case, knowledge about the social and economic aspects of rural electrification) and supports an interactive model. The paper also compares Power and the Land with the better known documentaries by Lorentz, The Plow that Broke the Plains and The River, and with other `fact films' of the New Deal era that portray a relationship between technology and social change.

Can a re-animated New Deal see off Trump Republicanism?

Soundings ◽  
2021 ◽  
Vol 77 (77) ◽  
pp. 76-88
Author(s):  
Matt Seaton
Keyword(s):  
New Deal ◽  
Electoral College ◽  
Black Communities ◽  
Right Wing ◽  
Logical Conclusion ◽  
The Us ◽  
Us Constitution ◽  
Deliberate Strategy ◽  
The New Deal

Because of the quirks of the US constitution, Democrats find it difficult to assemble an electoral coalition capable of delivering working majorities in both chambers of Congress and a Democrat president. In the 2020 elections, Biden's electoral college victory was secured by 44,000 votes, distributed in three states. Republicans currently hold 59 state chambers to the Democrats' 39, and they will use this to further gerrymander boundaries and suppress votes. Trump took Reagan's Republican strategy - small government, populism and mobilising conservatives - to a logical conclusion by seeking to wreck government as a deliberate strategy and mobilising right-wing extremists to support his rule. Repairing Americans' faith in government is a long term task . However, Biden's continuing allegiance to the ideas of the New Deal, and the recognition the party must now give to its grassroots activists, particularly in black communities, may help to energise the Democrat coalition.

Americanised and Europeanised: UK Social Policy since 1997

2003 ◽  
Vol 5 (2) ◽  
pp. 143-165 ◽  
Author(s):  
Claire Annesley
Keyword(s):  
Social Policy ◽  
Welfare State ◽  
Social Exclusion ◽  
New Deal ◽  
New Labour ◽  
Policy Issues ◽  
Lone Parents ◽  
The Us ◽  
The Uk ◽  
The New Deal

A number of recent accounts of UK social policy under New Labour have emphasised the continuing Americanisation of the British welfare state. This article does not deny the influence of the US but rather seeks to balance it with an account of the growing Europeanisation of UK social policy. It argues that Americanisation and Europeanisation are distinct in terms of both content and process. Since these are not mutually exclusive, the UK is currently influenced by both. This situation is illustrated by looking at three social policy issues under New Labour: social exclusion, the New Deal and the treatment of lone parents.

Sharecroppers and Campesinos

2017 ◽  
Author(s):  
Tore C. Olsson
Keyword(s):  
New Deal ◽  
Essential Role ◽  
Political Action ◽  
Agrarian Reform ◽  
Federal Agencies ◽  
The South ◽  
Farm Security Administration ◽  
Us South ◽  
The Us ◽  
The New Deal

This chapter considers the south–north intellectual exchange of the 1930s. First, it examines how a cadre of left-leaning US reformers, led by the peripatetic academic Frank Tannenbaum, attempted in 1934 and 1935 to translate the blueprint of Mexican agrarian reform into political action for the US South. That campaign ultimately played an essential role in the founding of the Farm Security Administration, one of the most ambitious federal agencies of the New Deal. Second, the chapter looks at the myriad Mexican pilgrimages undertaken by a host of influential US rural reformers during the Cárdenas era. Perhaps no group outside Washington, D.C., was more renowned—or feared—for its agrarian radicalism than the multiracial Southern Tenant Farmers' Union whose political legacy has been closely studied.

Shall These Bones Live? Property, Pluralism, and the Constitution of Evangelical Reform

2016 ◽  
Vol 41 (03) ◽  
pp. 742-774
Author(s):  
Kellen Funk
Keyword(s):  
Property Rights ◽  
New Deal ◽  
Religious Pluralism ◽  
Recent Literature ◽  
Us History ◽  
The Supreme Court ◽  
The Us ◽  
Us Constitution ◽  
Constitutional Tradition ◽  
The New Deal

The Supreme Court of the New Deal era transformed the US Constitution, making the Constitution's original protection of property rights give way to democratically popular regulations. In The Evangelical Origins of the Living Constitution (2014), John W. Compton argues that twentieth-century progressives turned the Court toward this “living” interpretation of the Constitution by relying on legislative methods and judicial precedents created by nineteenth-century evangelicals. Evangelical reformers accomplished national prohibition of liquor and lotteries, but their regulations destroyed property rights that were legally valid and socially acceptable at the inauguration of the Constitution. Courts ultimately acquiesced in these novel economic proscriptions because of overwhelming majoritarian sentiment driven by evangelical populism. Relying on a recent literature of law and religion, Compton alters conventional accounts of the US constitutional tradition of protecting property. This essay reverses the path of analysis and argues that evangelical concerns with constitutional property rights challenge standard accounts of law and religion in US history. Rather than a simplistic imposition of moralism, evangelical reform was derived from antislavery liberalism. The legal and religious pluralism that had impeded antislavery, however, also hindered prohibition and spurred evangelicals to seek federal remedies to national sins. Thus national prohibition, no less than New Deal constitutionalism, centered on the US dilemma of how to wield illiberal regulations to safeguard liberalism.

The Impoverished Rhetoric of the US Welfare State

2017 ◽  
Vol 116 (793) ◽  
pp. 324-327
Author(s):  
Kimberly J. Morgan
Keyword(s):  
Welfare State ◽  
New Deal ◽  
Political Rhetoric ◽  
Safety Net ◽  
Social Safety Net ◽  
Government Aid ◽  
The Us ◽  
The New Deal

A new book lays blame for the weak social safety net on political rhetoric that justifies government aid as an individual right and not a public good–a tradition that dates back to the New Deal.

Central bankers as good neighbours: US money doctors in Latin America during the 1940s

2009 ◽  
Vol 16 (1) ◽  
pp. 5-25 ◽  
Author(s):  
Eric Helleiner
Keyword(s):  
Latin American ◽  
New Deal ◽  
Federal Reserve ◽  
Us Foreign Policy ◽  
New Approach ◽  
International Money ◽  
The Us ◽  
Central Bankers ◽  
The New Deal ◽  
Latin American Countries

AbstractThis article analyses a set of financial advisory missions led primarily by Robert Triffin of the US Federal Reserve Board to Latin American countries during the 1940s. These missions developed a new approach to international ‘money doctoring’ that rejected both the content and style of the better-known US financial advisory missions led by Edwin Kemmerer during the 1920s. The missions were driven by a number of motivations that emerged from the politics of the New Deal and the Good Neighbour policy. The episode highlights the diversity of international money doctoring experiences, the importance of the financial dimensions of the Good Neighbour policy, and the wider geographical impact of a new kind of financial internationalism that emerged in US foreign policy in the wake of the 1930s.

HARVARD MEETS THE CRISIS: THE MONETARY THEORY AND POLICY OF LAUCHLIN B. CURRIE, JACOB VINER, JOHN H. WILLIAMS, AND HARRY D. WHITE

2015 ◽  
Vol 37 (3) ◽  
pp. 387-410 ◽  
Author(s):  
Michele Alacevich ◽  
Pier Francesco Asso ◽  
Sebastiano Nerozzi
Keyword(s):  
Great Depression ◽  
New Deal ◽  
Policy Decision ◽  
John Maynard Keynes ◽  
The Great Depression ◽  
Professional Careers ◽  
Eclectic Approach ◽  
The Us ◽  
Analytical Perspective ◽  
The New Deal

The paper discusses the interpretation of the Great Depression and the policy decision making by four Harvard economists: Lauchlin B. Currie, Jacob Viner, John H. Williams, and Harry D. White. All were eminent scholars in the field of monetary and international economics, and were deeply involved in policy decisions during the New Deal. We will discuss how their Harvard training provided them with a common methodological and analytical perspective, and how this common perspective translated into specific policies when they moved from the academia to public service in the US administration. Their interpretation of the causes of the Great Depression and their policy proposals show the eclectic approach that these four economists had to monetary, fiscal, and economic analysis, and the points of contact with both the US monetarist tradition and the work of John Maynard Keynes. At the same time, this very eclecticism, far from making them part of the monetarist or the Keynesian schools, characterized them as a group of their own: a network of scholars who, by virtue of their studies and the evolution of their professional careers, developed a style of analysis and policy prescriptions that deeply influenced the nature of the New Deal.

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