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Recreating a Depression Government?
QandO — ... spending and b) the plan, apparently, is to again strengthen the union hand (card check) which would give unions more power over wages, thus setting up the same sort of atmosphere which existed in the ’30s. Thus the same sort of economic foolishness that kept us from recovering from the Depression in the ’30s may very well be recreated within the next year and slow any chance of a quick recovery from what presently ails us down dramatically. Read Shales article here. There’s a good interview with her here as well.

Changes in money-wages and Amity Shlaes
Paul Krugman — Not much point in going through Amity Shlaes’s latest : after having inadvertently revealed that she has no idea what Keynesian economics is, she’s back on the warpath against FDR, and me. The main line of empirical argument seems to be that FDR didn’t succeed in ending the Great Depression. Since that’s also what my side of the debate says — fiscal expansion was too cautious, and disastrously abandoned in 1937 — I don’t see what this is supposed to prove. But I think it’s worth pointing out why Ms. Shlaes thinks the New Deal was destructive of employment: ...

Amity Shlaes, FTW
A Chequer-Board of Nights and Days — She takes on Paul Krugman and exposes the antiquated nature of his policy recommendations: Paul Krugman of the New York Times has been on the attack lately in regard to the New Deal. His new book "The Return of Depression Economics," emphasizes the importance of New Deal-style spending. He has said the trouble with the New Deal was that it didn't spend enough. He's also arguing that some writers and economists have been misrepresenting the 1930s to make the effect of FDR's overall policy look worse than it was. I'm interested in part because Mr. Krugman has mentioned me by ...

AMITY SHLAES: The Krugman recipe for depression….
Instapundit — AMITY SHLAES: The Krugman recipe for depression.

Wall Street Journal and Council on Foreign Relations Crashed-and-Burned Watch (Yet Another Amity Shlaes Edition)
J. Bradford DeLong's Grasping Reality with All Eight Tentacles — ... The Krugman Recipe for Depression: Paul Krugman['s]... new book "The Return of Depression Economics," emphasizes the importance of New Deal-style spending. He has said the trouble with the New Deal was that it didn't spend enough.... The New Deal is Mr. Obama's context.... If he proposes FDR-style recovery programs, then it is useful to establish whether those original programs actually brought recovery.... New Deal spending provided jobs but did not get the country back to where it was before.... ...

uggabugga — ... There's an argument going on between Paul Krugman and Amity Shlaes. In the Murdoch-owned WSJ, Shlaes pens "The Krugman Recipe for Depression". ...

Amity Shlaes, FTW
RedState: Conservative News and Community — She takes on Paul Krugman and exposes the antiquated nature of his policy recommendations: Paul Krugman of the New York Times has been on the attack lately in regard to the New Deal. His new book "The Return of Depression Economics," emphasizes the importance of New Deal-style spending. He has said the trouble with the New Deal was that it didn't spend enough. He's also arguing that some writers and economists have been misrepresenting the 1930s to make the effect of FDR's overall policy look worse than it was. I'm interested in part ...

Sunday morning links
Maggie's Farm — ... prism. VDH Via Boudreaux: In modern America, the market's bounty is assumed always to be there, as if it emerges naturally from the soil, available for us to "redistribute" as we wish. About that famous old "Message to Garcia" In Phil Gramm's defense. Dust My Broom It's the culture, stupid. Culture, race, and the aboriginal industry The Krugman recipe for Depression. Amity Schlaes Conservatism needs to get sexy again. And how. ...

Sunday morning links, with snow
Maggie's Farm — ... prism. VDH Via Boudreaux: In modern America, the market's bounty is assumed always to be there, as if it emerges naturally from the soil, available for us to "redistribute" as we wish. About that famous old "Message to Garcia" In Phil Gramm's defense. Dust My Broom It's the culture, stupid. Culture, race, and the aboriginal industry The Krugman recipe for Depression. Amity Schlaes Conservatism needs to get sexy again. And how. ...

Your Abbreviated Pundit Round-up
Daily Kos — ... aren't, and I can't imagine anyone thinks passing a law is going to change that. Richard Reeves: I'm sure there are legions of Obama supporters and voters gritting their teeth at his decision to offer Hillary Clinton appointment as secretary of state. A short memory and inclination toward compromise may not be weakness but a sign of security and strength, something badly needed in Washington these days. Amity Schlays: Since I'm the hot topic in New Deal revisionism, let me take on Krugman. He's ...

A New New Deal. Or Not?
PoliGazette — ... Writing for the Wall Street JournalAmity Shlaes explains that Krugman’s reasoning isn’t sound. ...

Open Thread
NewsBusters.org - Exposing Liberal Media Bias — For general discussion and debate. Possible talking point: Did the New Deal work? The New Deal is Mr. Obama's context for the giant infrastructure plan his new team is developing. If he proposes FDR-style recovery programs, then it is useful to establish whether those original programs actually brought recovery. The answer is, they didn't. New Deal spending provided jobs but did not get the country back to where it was before. It goes without saying that most liberals errantly believe the New Deal got America out of ...

Obama as Hoover: The Importance of Storytelling
The American Spectator — ... The next four years of opposition for conservatives should and surely will summon forth an even more sharply formed talk radio, as well as creative uses of the Internet, video, television, film, books and simple written composition. One would hope that someone at Fox News is already at work on a new perspective of the Great Depression and Hoover and FDR, using smart folks like writers Amity Shlaes, ...

Stimulus Malpractice and the Trillion Dollar Deficit
The American Spectator — ... Obama's massive government spending stimulus strategy takes us backward all the way to the 1930s, when President Roosevelt tried it. It failed, as shown by Amity Shlaes in her brilliant recent book about the history of the Great Depression, The Forgotten Man. As Shlaes wrote in the Wall Street Journal just last week, by 1938, six years into the New Deal, unemployment was still 20%. She adds, "Even late in 1939, total hours worked by the adult population was down by a fifth from the 1929 level." ...