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Challenging conventional history, Amity Shlaes, a prize-winning writer on political economy, offers a striking reinterpretation of the Great Depression. She shows how Presidents Hoover and Roosevelt both failed to understand the prosperity of the 1920s and heaped massive burdens on the country that more than offset the benefit of New Deal programmes. From 1929 and 1940, Shlaes argues that by forgetting the men and women who were trying to help themselves, 'federal intervention helped to make the Depression Great'.
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