by Amity Shlaes
A new book recounts how Roosevelt pinned the Depression on a banker-turned-Treasury secretary to hasten the age of big government.
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Andrew Mellon (left) and Franklin D. Roosevelt
(Harris & Ewing/Library of Congress; National Archives
Why am I here again?
That is the question even our jolly Treasury secretary, , must ask himself some days. It was also the question one of Bessent’s predecessors, Andrew Mellon, surely asked himself, especially toward the end of his service, in the early 1930s.
About the Author
Amity Shlaes is a senior fellow at National Review Institute and the author of Coolidge and The Forgotten Man: A New History of the Great Depression.
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Why am I here again?
That is the question even our jolly Treasury secretary, , must ask himself some days. It was also the question one of Bessent’s predecessors, Andrew Mellon, surely asked himself, especially toward the end of his service, in the early 1930s.
About the Author
Amity Shlaes is a senior fellow at National Review Institute and the author of Coolidge and The Forgotten Man: A New History of the Great Depression.
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