Dr. Burt Folsom is a professor of history at Hillsdale College,
a fine institution that takes no federal funds and turns out about
300 graduates each year. He is also a columnist and the
historian-in-residence at the Foundation for Economic Education in
Irvington, New York.
Dr. Folsom has written several books including The Myth of
the Robber Barons (six editions, Young America's
Foundation), in which he writes about the differences between
political entrepreneurs and market entrepreneurs. He gives
examples from history of various businessmen (Rockefeller, Schwab,
Vanderbilt, for example) and how their actions affected their
contemporaries and the history of the United States. He
explores the positive effects of entrepreneurs and limited
government on the rise of the U.S. in the late 1800s.
In New Deal or Raw Deal: How FDR's Economic Legacy Has
Damaged America (Simon & Schuster, 2008), Dr. Folsom
examines the disastrous effects of massive federal spending under
Franklin Roosevelt during the New Deal years of the 1930s.
Did FDR's New Deal help the American economy? New Deal or
Raw Deal answers that question.
The sequel to his work on the New Deal is his latest book,
co-authored with his wife, Anita Folsom: FDR Goes
to War: How Expanded Executive Power, Spiraling National
Debt, and Restricted Civil Liberties Shaped Wartime America
(Simon & Schuster, 2011). The book covers the period
from the 1930s through the end of the war, and the post-war
recovery. They discuss FDR's foreign policy: Did he
provoke war with Japan? They show how Roosevelt's presidency
became "imperial" during the wartime emergency, as he enlarged his
power through executive orders, and the federal government began to
regulate all areas of American society. And they show how
Americans met the challenges of World War II, to invent and build
the weapons of war to give our fighting men and women what was
needed. The U.S. and its Allies developed penicillin, landing
craft, sophisticated radar systems, dehydrated foods, DDT, and
hundreds of other innovations to win the war.