The federal government was smaller in 1929 than in 1923, thanks largely to the efforts of the President Calvin Coolidge. Biographer Amity Shlaes explained to a John Locke Foundation Headliner audience today why the 30th president felt compelled to cut tax rates, eliminated wasteful programs, and allow more decisions about the economy to remain in the private sector.
In the video clip below, Shlaes contrasts Coolidge with his predecessor and 1920 running mate, Warren Harding.
Click play below to watch the full 49:56 event.
You’ll find other John Locke Foundation video presentations here.
