Megan McAddled Swims With The Sharks

...and, by "sharks," I mean "actual, credentialed economists" (which McAddled is not). It all started with a post by her colleague James Fallows at The Atlantic. Read it if you're interested in a full picture of the back story. McAddled's take-away from Fallows' post was that he was repeating a popular but false liberal misconception: that Herbert Hoover wasn't in favor of austerity. Hoover Was...