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In late 1921, then secretary of commerce Herbert Hoover decided to distill from his experiences a coherent understanding of the American experiment he cherished. The result was the 1922 book American Individualism. In it, Hoover expounded and vigorously defended what has come to be called American exceptionalism: the set of beliefs and values that still makes America unique. He argued that America can make steady, sure progress if we preserve our individualism, preserve and stimulate the in...