Historiography of the Great Depression Flashcards
1
Q
What did the negative Left-wing critics of Hoover think?
A
He was too laissez-faire, his reliance on voluntarism was misguided, he did too little
(Badger - Left wing critic)
2
Q
What did Badger think?
A
Left-wing critic:
“he willfully refused to acknowledge…the failure of his policies”
3
Q
What did Right wing critics think?
A
He need too much, harming the morale of big business and his tax raise worsened matters
4
Q
Who was a positive critic?
A
Kennedy: “given the constraints…his achievement was remarkable”
“stimulation effect of fiscal policy in 1931 larger than any other year in the decade”