by Dan Mitchell | Apr 19, 2025 | Blogs, Trade
This is Easter weekend, which means the world’s Christians will be focusing on the miracle of Jesus’ resurrection. Today’s column, however, is going to focus on a different kind of miracle. Trump’s blundering protectionism, according to new polling...
by Dan Mitchell | Mar 27, 2025 | Blogs, Economics, Trade
I’ve periodically mentioned that Herbert Hoover’s protectionism contributed to the Great Depression of the 1930s. In today’s column, let’s look at some details. We’ll start with this short video featuring Dartmouth’s Doug Irwin....
by Dan Mitchell | Nov 19, 2024 | Big Government, Blogs, Economics
With regards to economic policy, Herbert Hoover and Franklin Roosevelt were two peas in a pod. They both responded to an economic downturn by dramatically expanding the size and scope of government. As a result of those mistakes, they...
by Dan Mitchell | Oct 16, 2023 | Big Government, Blogs
Because of pervasive statism by both Herbert Hoover and Franklin Roosevelt, the 1930s were the worst decade in American economic history. No economic growthHigh unemploymentConfiscatory tax ratesGrowth of governmentFederal Reserve...
by Dan Mitchell | Nov 20, 2022 | Big Government, Blogs, Taxation
The 1930s arguably was America’s worst decade for economic policy and economic results. Herbert Hoover and Franklin Roosevelt both increased the burden of government and the net result was a decade-long depression. The...
