Herbert Hoover’s Anti-Market Policies Helped Turn an Economic Downturn into a Great Depression

June 30, 2014

One of the things that opened my eyes to how badly History is taught in our schools was the realization that, far from being the laissez-faire conservative progressives made him out to be, Herbert Hoover was himself a statist whose policies helped turn a sharp recession into the Great Depression. Mitchell provides a good overview, including a must-see video from Prager University.

International Liberty

There have been many truly awful presidents elected in the United States, but if I had to pick my least favorite, I might choose Herbert Hoover.

I obviously have disdain for Hoover’s big-government policies, but I also am extremely irritated that – as Jonah Goldberg explained – he allowed the left to create an utterly bogus narrative that the Great Depression was caused by capitalism and free markets.

Indeed, the Center for Freedom and Prosperity produced a video demonstrating that the statist policies of both Hoover and Roosevelt helped trigger, deepen, and lengthen the economic slump.

Building on that theme, here’s a new video from Prager University that looks specifically at the misguided policies of Herbert Hoover.

Amen. Great job unmasking Hoover’s terrible record.

As I explained when correcting a glaring error by Andrew Sullivan, Hoover was a big-government interventionist. Heck, even FDR’s inner circle understood that the New Deal…

View original post 289 more words

Advertisements

28 June 1914: Uncovering the Sarajevo Assassination

June 30, 2014

I’d let the centenary of the assassination in Sarajevo of the Archduke Franz Ferdinand and his wife, the incident that sparked World War I, pass without mention this weekend. Inexcusable of me, but, in penance, here’s a link to a very interesting post by John Schindler on some of the mysteries still surrounding that event.

The XX Committee

One hundred years ago, the most consequential assassination in modern times occurred. It was the most famous too, since the murder of Archduke Franz Ferdinand and his wife Sophie in Sarajevo set off a chain of events that led, a month later, to the start of the Great War, a catastrophe that took ten million lives and pretty much destroyed European civilization. The effects of that live on today, in many places: in Iraq, jihadists right now are tearing up the borders of their country that were drawn up by the victors of the Great War, from the corpse of the Ottoman Empire, which suffered its final defeat in 1918.

Despite its infamy, the Sarajevo assassination remains shrouded in some mystery, and that’s what I seek to cut through today. But first, the personal tragedy. It is easy to forget that, behind all the conspiracy and resulting diplomacy and war-making…

View original post 3,168 more words