Political commentary from the mind of a Welsh libertarian conservative
Tuesday, 1 June 2010
More on Hoover's "laissez-faire" and "spending cuts"
As I mentioned before, Hoover wasn't laissez-faire nor did he cut spending.
I present you with three graphs from the Mises Institute. The final one shows he didn't use monetary tightening either.
Austrian economics seems more and more reasonable by the day.
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Warwick PPE graduate who's avoided a proper job and is heading off to Australia for a working holiday. I'll be overlanding it as much as I can and documenting my travels on here...
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