New Prager U. Course! Hoover and the Great Depression
Most people believe that Republican President Herbert Hoover caused the Depression because he didn’t massively intervene when the economy went south in 1929. We were only saved when Franklin Roosevelt was elected and repudiated Hoover’s free market policies. That’s the conventional wisdom. UCLA Professor of Economics, Lee Ohanian, refutes it in less than five minutes. This course will be a revelation to many. See it here.