A new column by Walter Williams in FrontPage Magazine comparing President Barack Obama to President Franklin Delano Roosevelt cites the work of two Mackinac Center scholars.
“Great Myths of the Great Depression,” written by President Emeritus Lawrence W. Reed, and “New Deal or Raw Deal,” written by Burton Folsom Jr., senior follow in economic education, are both used to show the similarities between the Obama administration and FDR’s propensity for creating overspending crises, raising taxes and increasing regulation.
Reed is currently president of the Foundation for Economic Education, while Folsom is a professor at Hillsdale College.
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