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Laissez-faire Is More.

The New Yorker

| July 02, 2007 | Updike, John | COPYRIGHT 2007 All rights reserved. Reproduced by permission of The Condé Nast Publications Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

As the generations that experienced the Great Depression, even the youngest of them, die off, the period passes into the care of historians. There is a danger, at this remove in time, of Depression nostalgia. T. H. Watkins's "The Great Depression: America in the 1930s," an illustrated print companion to 1993's public-television series of the same name, concludes on a ringing upbeat note:

In the end, the world of the Great Depression, molded by fear, uncertainty, determination, and a wondrous bravery, gave us the world of our own present hope--and if we shape our world half as well as did the men and women of the 1930s, we will have gone a long way toward honoring ...

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