Harry Kreisler welcomes Pulitzer Prize winning historian David M. Kennedy to discuss what can be learned from The Great Depression. Professor Kennedy analyzes the genius of Roosevelt's leadership, the tragedy of Herbert Hoover, the relationship between FDR's short term goals to deal with the economy and his long term goals to establish a new political coalition and create institutions to stabilize American capitalism and more equitably distribute its resources. Kennedy draws parallels with the current global economic crisis and the lessons that the Obama administration could learn from the New Deal. (#16083)
K-12 Educational Standards
Standards for Grade(s): 12
Principles of American Democracy
Principles of Economics
12.2 Students analyze the elements of America's market economy in a global setting.
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