Blog Wars on FDR

I can't wait to get my hands on Amity Shlaes' new book on the depression. Anything that is ticking off the domestic economic left can't be all bad. Pejman notes this passage in a George Will column:

Some mornings during the autumn of 1933, when the unemployment rate was 22 percent, the president, before getting into his wheelchair, sat in bed, surrounded by economic advisers, setting the price of gold. One morning he said he might raise it 21 cents: "It's a lucky number because it's three times seven." His Treasury secretary wrote that if people knew how gold was priced "they would be frightened."

Kevin Drum responds. Pejman fights back. John Holbo joins in. And Belle Waring sums up. The blogosphere: yesterday's debates tomorrow!