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  • Herbert Hoover

    Look to Hoover to Defeat Progressivism

    With Obamacare, Dodd–Frank, and other progressive policies, it is clear that liberals have gone too far. Nearly 80 years ago, liberalism was undoubtedly more popular, with New Deal programs in full expansion. At the same time, while former President Herbert Hoover never fully won over the American people, he went … More

    Myths of Austerity Failures

    Evidence shows that “austerity” during a sharp downturn in 1920 coincided with quick economic recovery and robust growth throughout the rest of the decade. Nevertheless, there is a belief that the example of President Herbert Hoover from 1929–1933 was a failure of austerity, which pushed the economy into the Great … More

    Does 'Austerity' Work?

    Remember the Great Depression of the 1920s? If not, that’s because it didn’t happen. The recession of the early ‘20s quickly ended after spending and taxes were cut dramatically. It provides a clear lesson in “austerity” that President Obama should heed. In 1920, newly elected President Warren Harding inherited a … More

    Hoover's Big Labor Policies Caused Great Depression

    The University of California at Los Angeles reports: Pro-labor policies pushed by President Herbert Hoover after the stock market crash of 1929 accounted for close to two-thirds of the drop in the nation’s gross domestic product over the two years that followed, causing what might otherwise have been a bad … More

    Words of Warning from 1940

    Herbert Hoover was no laissez-faire president like Calvin Coolidge, however he did respect the constitution, and he never was willing to go as far as Franklin Roosevelt. He made a speech just before Roosevelt’s election to a third term, in which he made some salient points—ones we would still be … More

    Public Service, Great Depression-Style

    The House votes today on legislation which would dramatically increase federal involvement in the realm of volunteerism, continuing the trend toward an America in which “public service” means working for the government. This is a topic which has been of particular interest to a certain president, who said, “Our people … More

    Free Trade Fact of the Day

    The Wall Street Journal editorial page looks at recent liberal efforts to attack conservative economic policy as a Herbert Hoover “Let the economy sink” approach and responds: To hear [Sen. Chuck] Schumer and his fellow-traveling columnists tell it, Hoover’s great policy blunder was to do nothing, all the while insisting … More