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Volume 18  Number 4  •  Spring 2014
Other Issues:  

The Original Supply Siders: Warren Harding and Calvin Coolidge
By John Moore
This article appeared in the Spring 2014 issue of The Independent Review

Presidents Warren Harding and Calvin Coolidge aimed to reduce government’s role in the economy following two decades of rising tax rates, federal spending, and national debt. Many historians hold them in low esteem, but Harding and Coolidge enacted sound policies that helped make the period from 1921 to 1928 among the most economically productive in American history.

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