George Selgin on the New Deal, Regime Uncertainty, and What Really Ended the Great Depression

<p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"><span style= "font-family: 'Times New Roman',serif; mso-fareast-font-family: 'Times New Roman'; mso-font-kerning: 0pt; mso-ligatures: none;"> George Selgin has spent over four decades thinking about money, banking, and economic history, and Tyler has known him for nearly all of it. Selgin's new book <em>False Dawn: The New Deal and the Promise of Recovery, 1933–1947</em> examines what the New Deal actually accomplished—and failed to accomplish—in confronting the Great Depression. </span></p> <p class="MsoNormal" style= "margin-bottom: 0in; line-height: normal;"><span …