The length of the great depression was a direct cause of failed government intervention, first by Hoover then by FDR. This article does a great job explaining w

The length of the great depression was a direct cause of failed government intervention, first by Hoover then by FDR. This article does a great job explaining why: https://fee.org/articles/what-caused-the-great-depression/ https://fee.org/articles/what-caused-the-great-depression/ Here's a quote related to the affect of FDR's imposed federal minimum wage; the consequences are similar to what I've argued above: """ The President’s Re-employment Agreement called for a minimum wage of 400 an hour ($12 to $15 a week in smaller communities), a 35-hour work week for industrial workers and 40 hours for white collar workers, and a ban on all youth labor. This was a naive attempt at "in­creasing purchasing power" by in­creasing payrolls. But, the im­mense increase in business costs through shorter hours and higher wage rates worked naturally as an anti revival measure. After passage of the Act, unemployment rose to nearly 13 million. The South, especially, suffered severely from the minimum wage provi­sions: the Act forced 500,000 Blacks out of work. """ Here is a paper that argues New Deal spending crowded out 30% of faith-based benevolent charity: https://www.sciencedirect.com/science/article/abs/pii/S0047272706001526 https://www.sciencedirect.com/science/article/abs/pii/S00472...