Quarterly Journal of Austrian Economics
Author:
Daniel Kuehn
Online Publish Date:
Volume 14, No. 4 (Winter 2011) In a recent article appearing in this journal, Douglas MacKenzie (2010) argues that President Hoover’s business conferences artificially propped up wages in the early years of the Depression, aggravating unemployment. MacKenzie’s (2010) critique of Hoover fails on at least two counts: it commits an aggregation