'The Money Makers,' by Eric Rauchway

11/20/2015 - History Professor Eric Rauchway in The New York Times.

In “The Money Makers,” the historian Eric Rauchway argues that the cause of the Great Depression was a failure of monetary imagination, and that only when Franklin Roosevelt overcame this failure did recovery begin. And, as his subtitle makes clear, Rauchway ties Roosevelt’s Depression-era monetary policies to initiatives taken during and after World War II, which created the basis for the next 30 years of international economic growth.

Read the full review in The New York Times.