Publication

Employment, Politics, and Economic Recovery in the Great Depression

John Joseph Wallis , Review of Economics and Statistics 69(3) , 516-520 , August 1987.
Abstract:

In earlier studies, economic historians found that political goals, rather than social or humanitarian objectives, motivated much of New Deal spending. Using new information on annual, state level employment for the 1930s, this paper shows that, while politics are still important, responding to the needs of the unemployed was an important determinant of New Deal spending.

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