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Advancing Austrian Economics, Liberty, and Peace

Advancing the scholarship of liberty in the tradition of the Austrian School

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Literature Library


The Roosevelt Myth

The Roosevelt Myth

Franklin D. Roosevelt is the most sainted president of the 20th century. You have to look far and wide to discover the truth about his character and policies. But as John T. Flynn noted in this landmark 1948 volume, FDR actually prolonged the Great Depression and deliberately dragged the country into a war that seriously compromised American liberties.

What's more, he did this despite campaign promises to slash bureaucracy and cut spending. He ran as a small-government liberal, a fact (among a million) that has been completely forgotten today.

"Flynn's book is a careful account of Roosevelt's presidency. Flynn was no businessman, no Republican shill. He was a respected, old- line liberal journalist who made his name with a series of books attacking big business. That's what makes his indictment of Roosevelt all the more notable." INVESTORS BUSINESS DAILY

This new edition has an introduction by historian Ralph Raico, who shows that this work still remains the best overall book on the FDR era. Flynn wrote a devastating indictment. If the contents of the book were widely known, the monuments erected in FDR's honor would be torn down forthwith.

So crucial is a proper understanding of the 1930s to applying Austrian School theory today that this work is highly recommended as a part of every Austrian library.

The contents of this essential work of 437 pages (paperback) include:

  • Introduction (Ralph Raico)
  • Book One: Trial--And Error
    • 1.The New Dealer Takes the Deck
    • 2. The Hundred Days
    • 3. The Banking Crisis
    • 4. The New New Deal
    • 5. The Rabbits Go Back in the Hat
    • 6. The Dance of the Crackpots
    • 7. An Enemy is Welcomed
    • 8. The Ride of the Wild Rabbit
  • Book Two: Confusion
    • 1. The Coming American Boom
    • 2. War on the Courts
    • 3. The Forgotten Depression
    • 4. Harry the Hop and Happy Hot Dogs
    • 5. The Dance of the Philosophers
    • 6. War Clouds
    • 7. The Third Term
    • 8. The Shock Troops of the Third New Deal
    • 9. Roosevelt Breaks with the Past
    • 10. Henry Wallace
  • Book Three: Betrayal
    • 1. A New Show Opens
    • 2. The White House Goes into Business
    • 3. What Manner of Man?
    • 4. Toward the Precipice
    • 5. The Atlantic Charter
    • 6. A Boondoggler's Dream
    • 7. The Happiest Years of Their Lives
    • 8. The Thought Police
    • 9. The Great Conferences
    • 10. Politics, Disease, and History
    • 11. How Germany's Fate Was Settled
    • 12. The Atlantic Charter Is Scrapped
    • 13. The Final Betrayal
    • 14. The President's Death
    • 15. The Roosevelt Myth
  • References
  • Bibliography
Publication Information Mises Institute, 2008
Updated 4/15/2011