Indeed, model-makers treat attention to inequality as an error bordering on a mortal sin - the sin of caring about "#DistributionalOutcomes" (that is, who gets which slice of the pie) rather than "growth" (whether the pie is getting bigger).

Stiglitz says that model makers have gotten a little better in recent years, formally disavowing #HerbertHoover's idea of #ExpansionaryAusterity, which is the idea that we should cut public spending when the economy is shrinking.

24/

A post on then-Commerce Secretary Herbert Hoover's "The Home as an Investment" remarks.

https://thenewleafjournal.com/herbert-hoovers-better-homes-remarks-the-home-as-an-investment/

#history #ushistory #herberthoover #betterhomes

@clacke @publius There's a (long, but funny) review of a #HerbertHoover biography here: https://slatestarcodex.com/2020/03/17/book-review-hoover/

#SlateStarCodex
#AstralCodexTen

https://archive.org/details/occupationofhaiti

The United States Occupation of Haiti, 1915-1934 by Hans Schmidt

Topics
#Haiti, #Ayiti, #unitedstatesofamerika, #slavery, #whitesupremacy, #history, #neocolonialism, #antiblackness, #colonialism, #Caribbean, #USMarines, #Marines, #UnitedStatesMarineCorps, #Citibank, #genocide, #counterinsurgency, #racism, #guerrillawarfare, #WoodrowWilson, #FranklinDelanoRoosevelt, #HerbertHoover, #CalvinCoolidge, #WarrenGamalielHarding, #laborhistory

Table of contents:

Frontmatter
Foreword (Stephen Solarz, page ix)
Acknowledgments (page xvii)
1 Introduction (page 3)
2 Haiti before the Intervention (page 19)
3 The Decision to Intervene (page 42)
4 The Interverntion (page 64)
5 The Marines Take Charge (page 82)
6 Reorganization and Rationalization (page 108)
7 Racial and Cultural Tensions (page 135)
8 Uplift—The Prospects (page 154)
9 Uplift—Success and Failure (page 174)
10 Strikes and Riots (page 189)
11 Withdrawal (page 207)
12 Epilogue (page 231)
Notes (page 239)
Bibliography (page 285)
Index (page 299)