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Everyone Is Wrong About the New Deal | Guest: George Selgin | Ep 322

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March 5, 2025

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Nearly a century after President Franklin Delano Roosevelt spearheaded a sweeping set of economic policies known as the New Deal, the debate still rages over whether he was a hero or a villain. Defenders of the New Deal credit it with ending the Great Depression and pioneering a number of important social programs. Detractors claim it prolonged the Depression due to the reckless government spending demanded by Keynesian economics. Matt Kibbe sits down with George Selgin, author of "False Dawn," who argues that both of these viewpoints miss important details about the New Deal and its impact on the economy. In the first place, it was not particularly Keynesian in its approach to spending. Instead, it was Roosevelt's hostility toward private industry that delayed America's recovery for so long.

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Kibbe on Liberty is a weekly podcast with libertarian author, economist, and community organizer Matt Kibbe. As the president of Free the People, Kibbe has decades of experience in the libertarian political sphere, but in these troubled times he believes that open dialogue is needed to bring people together. This means being willing to talk, and especially listen, to those with whom we might not always agree, trying to understand perspectives that might otherwise be foreign to us.

Kibbe on Liberty's growing roster of guests includes politicians, economists, comedians, writers, radio personalities, activists, journalists, and even a magician or two—with topics of conversation ranging from current affairs to craft beer and the Grateful Dead. So grab a cold one, and settle in for the next hour of Kibbe on Liberty, mostly honest conversations with mostly interesting people.

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Guests & Subjects Covered

President Franklin Delano RooseveltNew DealGreat DepressionMatt KibbeGeorge SelginFalse DawnGeorge SelginsJoin Free

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Everyone Is Wrong About the New Deal | Guest: George Selgin | Ep 322 · Free the People · Sentinel