Niall Ferguson's Time Machine

Niall Ferguson's Time Machine

Trump’s New Deal: 100 days to reverse the legacy of FDR

In the first of my monthly essays for the London Times, I compare the latest executive orders with a similar blizzard from the president who shaped modern America

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Niall Ferguson
Feb 01, 2025
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If you’re wondering why the past two weeks in American politics strike you as unprecedented, it’s because you weren’t around in 1933. No, I am not talking about Germany in 1933 (please can The New Yorker finally retire its absurd “Trump is Hitler!” analogy). I am talking about the United States in 1933 — to be precise on March 4 of that year, the day an…

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