How Herbert Hoover Put the “Great” in Great Depression

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Common wisdom about the Great Depression seems to be that Herbert Hoover was a free market, laissez-faire kind of guy, who mistakenly decided to “do nothing” and let the economy work itself out…merely watching as it spiraled down the drain. The rap on Hoover couldn’t be more wrong, says legendary libertarian economist Murray Rothbard. Hoover […]

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