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The so-called '''New Deal''' was the name coined by [[President of the United States of America|President]] [[Franklin D. Roosevelt]], a [[Democratic Party|Democrat]], for the [[Socialism|socialist]]ic program he conducted throughout the Great Depression. This program had three aspects: relief, recovery and reform. It sought to provide immediate relief for the millions of unemployed. Roosevelt believed the New Deal would aid in recovery and reform in hopes of ending the Great Depression.  

The so-called '''New Deal''' was the name coined by [[President of the United States of America|President]] [[Franklin D. Roosevelt]], a [[Democratic Party|Democrat]], for the [[Socialism|socialist]]ic program he conducted throughout the Great Depression. This program had three aspects: relief, recovery and reform. It sought to provide immediate relief for the millions of unemployed. Roosevelt believed the New Deal would aid in recovery and reform in hopes of ending the Great Depression.  

==Economoc planning==

==Economic planning==

As the Depression set in, terms like “[[planned economy]]” and “national planning” became the watchwords of the day. <ref>[http://www.independent.org/publications/article.asp?id=1468 ''FDR: The Man, the Leader, the Legacy''], Ralph Raico, Future of Freedom Foundation, April 1, 2001. Retreived from The Independent Institute.org 06/17/07.</ref>  They had been used by theoriticians for years and popularized by best-selling writers like George Soule and Stuart Chase, who lauded the Soviet Gosplan (central planning), asking plaintively, “Why should the Russians have all the fun of remaking a world?” The most prominent of the [[Brain Trust]]ers and the man often considered the chief ideologist of the “first New Deal” (roughly, 1933–34), was [[Rexford Guy Tugwell]]. Tugwell was a follower of the school of thought known as Institutional Economics, founded by the eccentric writer on economics, [[Thorstein Veblen]]. His official position was assistant secretary of agriculture, that is, second in command to [[Henry A. Wallace]], but his influence extended far beyond that.  In 1927, Tugwell traveled to the Soviet Union and observed through scientific economic planning the Soviets were able to “carry out their industrial operations with a completely thought-out program.” “The future,” he announced, “is becoming visible in Russia.”  Tugwell scorned the [[free market]] as anarchical, an uncoordinated muddle of hopelessly conflicting aims and purposes. It would have to be replaced by national planning, or technocracy, another shibboleth of the day, implying rule by the technical experts and managers, <ref>James Burnham, ''The Managerial Revolution'', Indiana University Press, Bloomingham 1966.</ref> like himself.

As the Depression set in, terms like “[[planned economy]]” and “national planning” became the watchwords of the day. <ref>[http://www.independent.org/publications/article.asp?id=1468 ''FDR: The Man, the Leader, the Legacy''], Ralph Raico, Future of Freedom Foundation, April 1, 2001. Retreived from The Independent Institute.org 06/17/07.</ref>  They had been used by theoriticians for years and popularized by best-selling writers like George Soule and Stuart Chase, who lauded the Soviet Gosplan (central planning), asking plaintively, “Why should the Russians have all the fun of remaking a world?” The most prominent of the [[Brain Trust]]ers and the man often considered the chief ideologist of the “first New Deal” (roughly, 1933–34), was [[Rexford Guy Tugwell]]. Tugwell was a follower of the school of thought known as Institutional Economics, founded by the eccentric writer on economics, [[Thorstein Veblen]]. His official position was assistant secretary of agriculture, that is, second in command to [[Henry A. Wallace]], but his influence extended far beyond that.  In 1927, Tugwell traveled to the Soviet Union and observed through scientific economic planning the Soviets were able to “carry out their industrial operations with a completely thought-out program.” “The future,” he announced, “is becoming visible in Russia.”  Tugwell scorned the [[free market]] as anarchical, an uncoordinated muddle of hopelessly conflicting aims and purposes. It would have to be replaced by national planning, or technocracy, another shibboleth of the day, implying rule by the technical experts and managers, <ref>James Burnham, ''The Managerial Revolution'', Indiana University Press, Bloomingham 1966.</ref> like himself.