“Herbert Hoover, a progressive with a history of supporting government intervention, believed that government should be an active player in economic recovery. His administration raised taxes, tariffs, and subsidies, and pushed for the creation of government programs and industrial cartels. This of course failed. Government cannot create wealth, but can only redistribute it. And since government responds to the political pull of the powerful interests it serves, not to the demands of numerous actors of the market, it will disrupt, rather than encourage the creation of wealth. If government can’t save us, who will? We will save each other through mutual aid, solidarity, and other enterprising activity.” (03/16/10)