Lessons from history: the return of Roosevelt

Lessons from history: the return of Roosevelt

Even before the Covid-19 pandemic brought the global economy to its knees, modern day politicians were seeking to emulate the transformative economic and social agenda enacted by US president Franklin Delano Roosevelt (FDR) in the 1930s. Back then, Roosevelt’s ‘New Deal’ entailed a combination of public infrastructure spending projects and financial reforms designed to pull the US out of the Great Depression.

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