Good question. And one that bears directly on the kind of employment depression we are continuing to experience today.
The article below, a review of a new book by Charles Rappleye, is titled “In Defense of Herbert Hoover.” The reviewer, David Bahr, is right that historians have mostly made a muddle of the start of the Great Depression and the Hoover presidency. But he is wrong that Hoover deserves rehabilitation.
The standard story,