by Christopher E. Baecker
Mises.org
As we await fall semester grades, the end of my oldest daughter’s high school career is now in sight. For all intents and purposes, the spring semester will have a muted effect.
Still, I was happy to hear recently that the economics teacher she’ll have apparently “hates” talking about the New Deal. It’s no more an economic concept than is “trickle down,” both being more governmental in nature.
It’s also one of the most undeservedly deified chapters in American history. Yet, Jacqueline L. Angel and Juan Fernando M. Torres-Gil, two professors of “social policy” remain enthralled by it.
They recently added their names to the list of those who believe we need a twenty-first-century version, ostensibly to “build a sense of social solidarity.”