Is budget austerity modern-day Hooverism?

posted by
April 25, 2011
Ludwig von Mises Institute
by Robert P. Murphy  
Posted in Commentary

"With the debate over the federal government's budget as the hot topic of the day, the proponents of big spending have gone into overdrive with their mantra that Herbert Hoover was a small-government liquidationist. As often as this myth is repeated, it's important to show that it is wrong: Herbert Hoover was a big-government man who did not trust the free market. Ironically, I can use the evidence provided by some of these progressive writers themselves to demonstrate this point." (04/25/11)  

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