"Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves"
About this Quote
That metaphor does more than comfort; it disciplines. If recovery depends on “producers and consumers themselves,” then the burden shifts onto ordinary people to spend, hire, and invest precisely when fear makes those actions irrational. It also narrows the moral imagination of government. Legislative action becomes not just ineffective but almost arrogant, an unnatural intervention in a system that supposedly has its own immune response.
Context sharpens the stakes. Hoover is speaking from within the early Great Depression, when the old laissez-faire reflex still carried prestige and when the administrative state was far smaller than what the crisis would soon demand. The intent is partly diagnostic, partly defensive: a way to justify limited federal action while sounding responsible rather than indifferent. The subtext is political triage: protect the idea that government cannot and should not be the engine of recovery, even as the public begins to suspect the opposite. Roosevelt’s New Deal would later win the argument by acting as if Hoover’s metaphor were precisely what you can’t afford in an emergency.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
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Citation Formats
APA Style (7th ed.)
Hoover, Herbert. (2026, January 14). Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves. FixQuotes. https://fixquotes.com/quotes/economic-depression-cannot-be-cured-by-31492/
Chicago Style
Hoover, Herbert. "Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves." FixQuotes. January 14, 2026. https://fixquotes.com/quotes/economic-depression-cannot-be-cured-by-31492/.
MLA Style (9th ed.)
"Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body - the producers and consumers themselves." FixQuotes, 14 Jan. 2026, https://fixquotes.com/quotes/economic-depression-cannot-be-cured-by-31492/. Accessed 12 Feb. 2026.





