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View Full Version : Did "Mr. Republican" Taft support price controls?




Knightskye
06-12-2010, 06:11 PM
I was searching for video of any speech he gave, and I found this:

http://www.thoughtequity.com/video/clip/49311121_009.do

Maybe the quote is out of context. They seem to be talking about this:
http://en.wikipedia.org/wiki/Office_of_Price_Administration

Is he a keynesian who supports a non-interventionist foreign policy?

johnrocks
06-12-2010, 06:53 PM
I liked him on foreign policy and liberty type issues but on economics, I've heard he was more Keysian, I don't honestly know though.

Kludge
06-12-2010, 06:58 PM
Is he a keynesian who supports a non-interventionist foreign policy?

No. He´s dead.

Stary Hickory
06-12-2010, 07:06 PM
Well yeah he was not very smart on economics. He said they need "improved" rationing.....well he should have recognized that the free market would ration things better than any central controlled scheme. Not only that but the market would reorganize available resources and increase the amount of goods that people really wanted at the detriment of luxuries that were wanted less.


Im sure Taft was good on most things, but the fact that he supported rationing and price controls at all is very very bad.

cindy25
06-12-2010, 07:42 PM
Taft would have been far better in 1952 than Ike.

Taft would have ended the draft, and Vietnam war would never have happened

erowe1
06-13-2010, 10:16 AM
I liked him on foreign policy and liberty type issues but on economics, I've heard he was more Keysian, I don't honestly know though.

He wasn't perfect.

But price controls have been around a lot longer than keynesianism.

Knightskye
06-14-2010, 01:31 PM
Taft would have been far better in 1952 than Ike.

Taft would have ended the draft, and Vietnam war would never have happened

Do you think Taft would have gone along with the Iran coup?