The 1920s was a time of optimism and energy, with a booming American economy that showed no signs of slowing, and no one realized that it was a bubble about to burst. The stock market crash came on "Black Tuesday," October 29, 1929, when panicking investors sold an unprecedented 16.4 million share...

Franklin D. Roosevelt's New Deal did indeed represent a radical departure from previous American traditions in government and political economy. The New Deal marked the end, at least for that time and up to the present, of the dedication to laissez-faire government which, to varying degrees, had bee...