From New Era to New Deal: Herbert Hoover, the Economists, and American Economic Policy, 1921-1933 (Historical Perspectives on Modern Economics) PDF
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From New Era To New Deal: Herbert Hoover, The Economists, And American Economic Policy, 1921-1933 (Historical Perspectives On Modern Economics)

In popular imagery, Herbert Hoover is often stereotyped as a 'do-nothing' president who offered only nineteenth-century slogans for the greatest economic catastrophe in twentieth-century American history. Nothing could be further from the truth. This study examines the properties of an innovative approach to economic growth and stability formulated by Hoover and his associates during his years as ...

Series: Historical Perspectives on Modern Economics
Paperback: 252 pages
Publisher: Cambridge University Press; Reprint edition (January 27, 1989)
Language: English
ISBN-10: 9780521367370
ISBN-13: 978-0521367370
ASIN: 0521367379
Product Dimensions: 6.1 x 0.7 x 9 inches
Amazon Rank: 3329222
Format: PDF Text TXT book

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“Echoing the prior review, this is an excellent synopsis of Hoover's economic policy. Hoover is often caricatured as the "do nothing" president but he was far more active in trying to counteract the Depression than is commonly recognized. Within the l...”

ecretary of commerce (1921-9) and inspects his deployment of this strategy from the White House following the Great Crash in the autumn of 1929. Attention is then focused on Hoover's attempts to reformulate his macro-economic programme as the depression deepened in late 1931 and 1932. Archival materials provide arresting insights into Hoover's aspirations for a new institution - the Reconstruction Finance Corporations - as a vehicle for stimulating investment through a novel form of 'off-budget' financing. To complement the discussion of Hoover's theories of economic policy in their various manifestations, the views of contemporary economists on problems of the day are surveyed.