How much of the blame for the Great Depression belongs to Herbert Hoover?
Herbert Hoover had been president for only seven months, when the American stock market crashed in October of 1929. The Wall Street Crash of ‘29, sometimes called the “Great Crash,” is often marked as the beginning of the Great Depression. But this nation has had several other stock market crashes in its long history, and recovered much more quickly from most of these other crashes. Thus, I’m not entirely convinced that the 1929 Crash is what “caused” the Depression, although it was certainly a catastrophe of gargantuan proportions. Regardless, Herbert Hoover got the blame for the crash, and for the truly Great Depression that soon followed it. Many homeless Americans then lived in shanty towns that came to be called “Hoovervilles,” named (with some bitterness) after him. But how much of the blame does Herbert Hoover really deserve for this (and he does indeed deserve some)? What is the legacy of Herbert Hoover’s presidency? And just where did Mr. Hoover come from? These are the questions that this post will attempt to answer.
Herbert Hoover






