All Posts Tagged With: "Herbert Hoover"
Death by Public Works
Almost all historians who write on the New Deal praise Franklin Roosevelt for using government to “solve” economic problems. Often, however, these historians only tell part of the story. One example is Roosevelt’s vast public-works program. Here most historians wax eloquent on the dams built by TVA, the roads built by WPA, and the bridges [...]
1Mar2007 | Burton W. Folsom Jr. | 1 comment | ContinuedFreedom for Workers
In my January/February column this year I explained why I believe that, given the existence of the National Labor Relations Act (NLRA), which regulates American labor-management relations, a classical liberal should support a national right-to-work-act. Last year Freeman book review editor George Leef published Free Choice for Workers: A History of the Right to Work [...]
1Sep2006 | Charles W. Baird | 0 comments | ContinuedThe Origin of American Farm Subsidies
In the United States how did we go from having no role for the federal government in farming to having government intertwined in all aspects of farming from planting to harvesting to selling crops? The Constitution is clear on the subject. Article 1, Section 8, provides no role for the federal government in regulating American [...]
1Apr2006 | Burton W. Folsom Jr. | 1 comment | ContinuedRepeal Davis-Bacon
After Hurricane Katrina ravaged much of the Gulf Coast, President Bush ordered the suspension of the federal Davis-Bacon Act, which mandates that workers on all federally financed construction projects of more than $2,000 (virtually all, that is) be paid the “prevailing wage” of the project location. The suspension would have covered only the parts of [...]
1Dec2005 | George C. Leef | 1 comment | ContinuedThe Roosevelt Myth
For every thousand books written, perhaps one may come to enjoy the appellation “classic.” That label is reserved for a book that through the force of its originality and thoroughness, shifts paradigms and serves as a timeless, indispensable source of insight. Such a book is The Roosevelt Myth by John T. Flynn. First published in [...]
1Sep1999 | Lawrence W. Reed | 0 comments | ContinuedGreat Myths of the Great Depression
This essay is condensed from a longer monograph of the same title, available for $5 postpaid from FEE. Many volumes have been written about the Great Depression and its impact on the lives of millions of Americans. Historians, economists, and politicians have all combed the wreckage searching for the “black box” that will reveal the [...]
1Aug1998 | Lawrence W. Reed | 11 comments | Continued-
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I admit I’m amused by the unceasing economic and political malarkey that flows from the pundits at... Read More
The Myths of the Interventionists
One of the most pernicious myths in the economic history of the twentieth century is the belief that... Read More
JPMorgan Chase and Casino Banking
JPMorgan Chase & Co., one of the nation’s leading banks, revealed in May that a London trader racked... Read More
Individualism, Trade-Unions, and “Self-Governing Combinations”
Who do you imagine said this? “[Trade-unions] seem natural to the passing phase of social evolution,... Read More
Bubbles, Malinvestment, and Higher Education
Many commentators are asking whether the next big bubble to burst will be the debt associated with the... Read More




