Franklin Delano Roosevelt's New Deal is, without a doubt, one of the most representative case studies in economic history when it comes to the willingness of the state (in our case, run by FDR) to think outside the box.

Was FDR's New Deal perfect?

Most definitely not.

The New Deal had its fair share of shortcomings but on the other hand, the charismatic Franklin Delano Roosevelt managed to do a lot of things right as well.

Hindsight is always 20/20 and the New Deal doesn't represent an exception. Whenever we're talking about an economic climate as complex as the one which preceded the New Deal, there are always things we could do better if we could travel back in time. Unfortunately, we cannot.

This much is certain however: Franklin Delano's New Deal was... well, a huge deal :)

Or, to put it differently, the New Deal represents an extremely relevant case study involving the willingness of the state to adopt a hands-on approach during times of crisis.

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