# Multimedia 

Multimedia 

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- [Podcasts](/podcasts)
- [Cato Video](/multimedia/cato-video)
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- [Events](/multimedia/events)

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Events • September 26, 2025 

# *False Dawn: The New Deal and the Promise of Recovery, 1933–1947*

In this groundbreaking history, Selgin examines the United States’ long and difficult road to recovery from the Great Depression—and the real legacy of the New Deal. Drawing on contemporary sources and cutting-edge economic research, Selgin challenges the conventional narratives and offers a compelling reassessment of one of the most transformative periods in American economic history.

Was the New Deal a bold success or a costly detour? What truly ended the Great Depression—and what lessons can we draw for today? Don’t miss this opportunity to hear directly from the author as he discusses his insights and the implications for economic policy and historical understanding.

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![Tyler Cowen Square](/sites/cato.org/files/styles/author_picture/public/2025-07/tyler-cowen-square.jpg?itok=UqLqXEWR)](/people/tyler-cowen) 

##### [Tyler Cowen](/people/tyler-cowen)

Professor of Economics at George Mason University, Director of the Mercatus Center, and host of *Conversations with Tyler*; Adjunct Scholar, Cato Institute

[![George Selgin](/sites/cato.org/files/styles/author_picture/public/2021-01/George%20Selgin.jpg?itok=daUqyD5g)](/people/george-selgin) 

##### [George Selgin](/people/george-selgin)

Former Senior Fellow and Director Emeritus, Center for Monetary and Financial Alternatives, Cato Institute

[ 

](https://x.com/GeorgeSelgin) [ 

](mailto:gselgin@cato.org)