Free Market
Author:
Matthew B. Kibbe
Online Publish Date:
The Free Market 9, no. 2 (February 1991) In 1928 Herbert Hoover rode the coattails of Calvin Coolidge into the White House, and everyone thought he would hold the line on taxes, for he talked of “individual freedom” and criticized his opponents as “socialists.” Despite his public rhetoric, however, Hoover was· a believer in the “new economics”