FDR’s advisers knew what Rachel Maddow and Paul Krugman don’t

posted by
August 18, 2011
Foundation for Economic Education
by Steven Horwitz  
Posted in Commentary

"One persistent myth that libertarians and other free-market types have to unmask is that President Herbert Hoover’s belief in laissez faire was responsible for dramatically worsening what became the Great Depression. The myth that Hoover stood around and did nothing while the economy collapsed gets repeated ad nauseum in the media by pundits including everyone from Nobel Prize winners like Paul Krugman to, most recently, MSNBC talk-show host Rachel Maddow." (08/18/11)


Our Sponsors