Commenter TravisV recently flagged for me a New York Times review of a new book by Eric Rauschway, Professor of History at the University of California at Davis. The book is called Money Makers: How Roosevelt and Keynes Ended the Depression, Defeated Fascism, and Secured a Prosperous Peace, a history of how FDR, with a bit of encouragement, but no real policy input, from J. M. Keynes, started a recovery from the Great Depression in 1933 by taking the US off the gold standard and devaluing the dollar, and later, with major input from Keynes, was instrumental in creating the post-World War II monetary system which was the result of the historic meeting at Bretton Woods, New Hampshire in 1944.
I had only just learned of Rauchway a week or so before the Times reviewed his book when I read his op-ed piece in the New York Times (“
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