"For the moment, however, a different understanding of freedom reigned supreme, one that reveled in the unimpeded reign of economic enterprise, yet tolerated the coercive surveillance of private life and individual conscience. The proposerity of the 1920s and the elimination of "widespread poverty" (or so President Hoover claimed in his inaugural address of 1929) seemed to vindicate this definition of freedom. When the economic crash came, it would be swept aside..."
-Eric Foner, The Story of American Freedom, pp. 192-3