liquidationist

The reason Hoover was not a liquidationist is that the adjustments required would have pretty much destroyed orderly society.

Matthew Yglesias » Fama: Bank Failures Could Have Been Sorted Out “In a Week or Two” 2010

Influenced by his "liquidationist" Treasury Secretary, Andrew Mellon, then President Hoover made comparatively minimal attempts to deploy government fiscal policy to stimulate aggregate demand.

Marshall Auerback: The Real Lesson From the Great Depression: Fiscal Policy Works! 2010

However, the "liquidationist" view carried the day.

Conservapedia - Recent changes [en] Ed Poor 2010

Still, his explanation might have been plausible if Krugman had been a well-known "liquidationist"

Stefan Karlsson's blog stefankarlsson 2010

During the heartless "liquidationist" era before Hoover, depressions (or "panics") were typically over within two years.

Gods of the Copybook Headings 2009

Steve Horwitz have been valiantly challenging Brad DeLong's attempt to misrepresent Herbert Hoover's policies as "liquidationist".

Division of Labour 2009

During the heartless "liquidationist" era before Hoover, depressions (or "panics") were typically over within two years.

Mises Dailies 2009

As the problems grew worse, policymakers were trapped by their own "liquidationist" viewpoint.

Nashuatelegraph.com local, state, business and sports news 2008

Many Fed officials appeared to subscribe to the infamous "liquidationist" thesis of Treasury Secretary Andrew Mellon, who argued that weeding out "weak" banks was a harsh but necessary prerequisite to the recovery of the banking system.

KURU Lounge 2008

'liquidationist' view in the Great Depression, a position that is not entailed by the theory, but reflects an a priori commitment to laissez-faire.

Vento Sueste 2009