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The New Deal: A Modern Historyby Michael Hiltzik
Synopses & Reviews
In this bold reevaluation of a decisive moment in American history, Pulitzer Prize-winning author Michael Hiltzik dispels decades of accumulated myths and misconceptions to capture its origins, its legacy, and its genius.
Franklin Roosevelt’s New Deal began as a program of short-term emergency relief measures and evolved into a truly transformative concept of the federal government’s role in Americans’ lives. More than an economic recovery plan, it was a reordering of the political system that continues to define America to this day. Hiltzik offers an intimate look at the alchemy that allowed FDR to mold his multifaceted and contentious inner circle into a formidable political team, showing how he commanded the loyalty of the rock-ribbed fiscal conservative Lewis Douglas and the radical agrarian Rexford Tugwell alike; of Harold Ickes and Harry Hopkins, one a curmudgeonly miser, the other a spendthrift idealist; of Henry Morgenthau, gentleman farmer of upstate New York; and of Frances Perkins, a prim social activist with her roots in Brahmin New England. Yet the same character traits that made him so supple and self-confident a leader would sow the seeds of the New Deal’s end.
Understanding the New Deal may be more important today than at any time in the last eight decades. Conceived in response to a devastating financial crisis very similar to America’s most recent downturn, the New Deal remade the country’s economic and political environment in six years of intensive experimentation. FDR had no effective model for fighting the worst economic downturn in his generation’s experience; but the New Deal has provided a model for subsequent presidents who faced challenging economic conditions, right up to the present.
In this bold reevaluation of a decisive moment in American history, Michael Hiltzik dispels decades of accumulated myths and misconceptions about the New Deal to capture with clarity and immediacy its origins, its legacy, and its genius.
About the Author
Michael Hiltzik is a Pulitzer Prize-winning journalist and author who has covered business, technology, and public policy for the Los Angeles Times for twenty years. In that time he has served as a financial and political writer, an investigative reporter, and as a foreign correspondent in Africa and Russia. He currently serves as the Times business columnist. His other books include The Plot Against Social Security (2005), Dealers of Lightning: Xerox PARC and the Dawn of the Computer Age (1999), and A Death in Kenya (1995). Mr. Hiltzik received the 1999 Pulitzer Prize for articles exposing corruption in the entertainment industry. Among his other awards for excellence in reporting are the 2004 Gerald Loeb Award for outstanding business commentary and the Silver Gavel from the American Bar Association for outstanding legal reporting. A graduate of Colgate University, Mr. Hiltzik received a master of science degree in journalism from the Graduate School of Journalism at Columbia University in 1974. He lives in Southern California with his wife and two children.
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