What did Franklin Roosevelt think of John Maynard Keynes?

Although the New Deal did have a Keynesian flavor, Franklin Roosevelt himself was not heavily influenced by John Maynard Keynes. read more

Later Roosevelt dueled with the concept of giving money the government didn’t have and it bothered him so much he went against keynes, but when the recession hit, he realized keynes was right and he sent up the GI bill for housing and education after the war to curb the possible recession predicted by Keynes. read more

But in “The Money Makers”, Eric Rauchway, a historian at the University of California, Davis, tries to do just that. His book looks at the economic policy of Franklin Delano Roosevelt, a four-time American president from 1933 to 1945, and how he was influenced by John Maynard Keynes, a British economist. read more