Secretary Hoover and the Emergence of Macroeconomic Management

Evan B. Metcalf

Business History Review, 1975, vol. 49, issue 1, 60-80

Abstract: This study describes the 1920s movement (spearheaded by Herbert Hoover) to reduce unemployment by reducing fluctuations in business production and investment. Although the efforts had very limited success, they anticipated later attempts to manage prosperity for the economy as a whole.

Date: 1975
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