Modern Budget Cutting Hooverians Want a Return to the 1930s
April 06, 2011 at 12:12 PM EDT
In a Wall Street Journal article this week three Hoover Institute economists (Gary Becker, George Schultz and John Taylor) endorsed Republican efforts to make large federal government budget cuts. I will not address all the arguments made in defense of a “Hooverian” approach to economics (we tried that in the early 1930s!). Here I want [...]