Hoover and Wages in the Depression: A Comment on Douglas Mackenzie (Report‪)‬

INTRODUCTION Few economists, mainstream, Austrian, or otherwise, can expect a great deal of sympathy for furnishing a defense of the economic policies of President Hoover. This comment will not mount a full-scale defense, but it will argue that Hoover may not be guilty of all the havoc attributed to him in Douglas MacKenzie's "Industrial Employment and the Policies of Herbert C. Hoover," appearing in an earlier volume of this journal.