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“At last, a biography of Herbert Hoover that captures the man in full… [Jeansonne] has splendidly illuminated the arc of one of the most extraordinary lives of the twentieth century.”—David M. Kennedy, Pulitzer Prize-winning Author of Freedom from Fear Prizewinning historian Glen Jeansonne delves into the life of our most misunderstood president, offering up a surprising new portrait of Herbert Hoover—dismissing previous assumptions and revealing a political Progressive in the mold of Theodore Roosevelt, and the most resourceful American since Benjamin Franklin. Orphaned at an early age and raised with strict Quaker values, Hoover earned his way through Stanford University. His hardworking ethic drove him to a successful career as an engineer and multinational businessman. After the Great War, he led a humanitarian effort that fed millions of Europeans left destitute, arguably saving more lives than any man in history. As commerce secretary under President Coolidge, Hoover helped modernize and galvanize American industry, and orchestrated the rehabilitation of the Mississippi Valley after the Great Flood of 1927. As president, Herbert Hoover became the first chief executive to harness federal power to combat a crippling global recession. Though Hoover is often remembered as a “do-nothing” president, Jeansonne convincingly portrays a steadfast leader who challenged congress on an array of legislation that laid the groundwork for the New Deal. In addition, Hoover reformed America’s prisons, improved worker safety, and fought for better health and welfare for children. Unfairly attacked by Franklin D. Roosevelt and blamed for the Depression, Hoover was swept out of office in a landslide. Yet as FDR’s government grew into a bureaucratic behemoth, Hoover became the moral voice of the GOP and a champion of Republican principles—a legacy re-ignited by Ronald Reagan and which still endures today. A compelling and rich examination of his character, accomplishments and failings, this is the magnificent biography of Herbert Hoover we have long waited for. INCLUDES PHOTOS
In this book, Hoover expounds and vigorously defends what has come to be called American exceptionalism: the set of beliefs and values that still makes America unique. He argues that America can make steady, sure progress if we preserve our individualism, preserve and stimulate the initiative of our people, insist on and maintain the safeguards to equality of opportunity, and honor service as a part of our national character.
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"By the publisher of the prestigious Grant's Interest Rate Observer, an account of the deep economic slump of 1920-21 that proposes, with respect to federal intervention, "less is more." This is a free-market rejoinder to the Keynesian stimulus applied by Bush and Obama to the 2007-09 recession, in whose aftereffects, Grant asserts, the nation still toils. James Grant tells the story of America's last governmentally-untreated depression; relatively brief and self-correcting, it gave way to the Roaring Twenties. His book appears in the fifth year of a lackluster recovery from the overmedicated downturn of 2007-2009. In 1920-21, Woodrow Wilson and Warren G. Harding met a deep economic slump by seeming to ignore it, implementing policies that most twenty-first century economists would call backward. Confronted with plunging prices, wages, and employment, the government balanced the budget and, through the Federal Reserve, raised interest rates. No "stimulus" was administered, and a powerful, job-filled recovery was under way by late in 1921. In 1929, the economy once again slumped--and kept right on slumping as the Hoover administration adopted the very policies that Wilson and Harding had declined to put in place. Grant argues that well-intended federal intervention, notably the White House-led campaign to prop up industrial wages, helped to turn a bad recession into America's worst depression. He offers the experience of the earlier depression for lessons for today and the future. This is a powerful response to the prevailing notion of how to fight recession. The enterprise system is more resilient than even its friends give it credit for being, Grant demonstrates"--
This latest volume in the definitive six-volume biography of Herbert Hoover tracks Hoover's life and career from 1918 to 1928 - a period defined largely by his role as United States Secretary of Commerce and leading directly to his election as the thirty-first President of the United States.