During the early 1930s, there were powerful political pressures to suppress economic liberty, as the New Deal promoted price fixing and cartels that benefited producer interests at the expense of consumers. But for three years, the U.S. Supreme Court defended economic liberty and struck down one New Deal law after another.
New Deal historians long blamed these adverse Supreme Court decisions on the "Four Horsemen of Reaction," meaning justices Willis Van Devanter, James C. McReynolds, Pierce Butler and George Sutherland.
Wednesday, January 06, 2010
The Greatest Heroes Who Fought FDR's New Deal
Jim Powell reports:
