Robert Higgs on Barack Obama as Herbert Hoover’s True Heir
David J. Theroux • Saturday, October 3, 2009
Independent Institute Senior Fellow Robert Higgs is interviewed on Fox News’ “Freedom Watch with Judge Andrew Napolitano” on how Barack Obama is Herbert Hoover’s true “Progressive” heir as an economic interventionist, corporatist and protectionist. Hoover’s policies caused the Great Depression and Franklin Roosevelt then continued and greatly expanded such policies as his New Deal, deepening and prolonging the economic and social malaise until after World War II.
Also see Dr. Higgs’s books:
Crisis and Leviathan: Critical Episodes in the Growth of American Government
Depression, War, and Cold War: Challenging the Myths of Conflict and Prosperity.