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Eric Rauchway

Eric Rauchway is the author of The Great Depression and the New Deal: A Very Short Introduction and Blessed Among Nations: How the World Made America among other books. He is a professor of history at the University of California, Davis.

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AP Photo/Diane Bondareff

Today’s inequality has more to do with historical accident and political power than economic efficiency. Read more

Economic Policy

The New Deal was, for the most part, phenomenally successful, but there are many ways it could have gone further or been better organized -- failings it is critical we avoid this time around. Read more

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Can a massive government intervention in the economy work if it is being run by people who don't believe in government? Read more

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The Great Depression was caused by a banking system left to self-destruct by a conservative president who, like John McCain today, insisted that the economy's "fundamentals" were strong. Read more

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