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Herbert Hoover’s Hidden Economic Acumen

What an Awful President's Secret Strength Could Teach Today's Financial Leaders About Capitalism

By Charles Rappleye
May 31, 2016

From our nation’s inception, Americans have been a forward-looking people— youthful, optimistic, even revolutionary. Progress has been our byword, and the past has often been dismissed as stodgy, if not rudimentary. Few phrases are so thoroughly dismissive as to pronounce, of a person, a trend, or an idea, as, that, or they, are “history.”

This inclination is rooted in a sense of optimism, and the confidence that we learn as we go. But it can also reflect a degree of hubris, …

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