The Foundry

Posts Tagged ‘Herbert Hoover’

• Hoover’s Big Labor Policies Caused Great Depression

  Posted September 2nd, 2009 at 11:17am in Enterprise and Free Markets with 14 comments

  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 recession to slip into the Great [...] More

• Words of Warning from 1940

  Posted May 16th, 2009 at 11:52am in First Principles with 10 comments

  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 wise to consider today. With Hitler, [...] More

• Public Service, Great Depression-Style

  Posted March 18th, 2009 at 11:46am in Enterprise and Free Markets with 5 comments

  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 have in recent years developed a [...] More

• Free Trade Fact of the Day

  Posted April 3rd, 2008 at 1:35pm in American Leadership, Enterprise and Free Markets with 0 comments

  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 that everything was fine. But the [...] More