'Barber has written an exciting, well crafted and important book that succeeds in what it sets out to do. It deserves a careful reading by all serious students of the Hoover period, American economic thought, and American economic policy.' The Journal of Economic History
'This carefuly researched volume is valuable for the insight which it gives into Hoover's changing economic strategy. It also presents, with great clarity, the varied opinions of professional economists.' The Times Higher Education Supplement
This study examines the properties of an innovative approach to economic growth and stability formulated by Hoover and his associates during his years as secretary of commerce (1921-9) and inspects his deployment of this strategy from the White House following the Great Crash in the autumn of 1929.