Rugged individualism, derived from "individualism", is a term that indicates the virtuous ideal where an individual is totally self-reliant and independent from outside assistance. Often associated with the notion of laissez-faire and its supporters, the term was actually coined by the interventionist American President Herbert Hoover, a Progressive Republican who presided over the beginning of the Great Depression.
- America's Great Depression, Rothbard, Murray N., 5th Edition: Auburn, Ala.: Ludwig von Mises Institute, June 15, 2000. Hardcover. 368 pages. ISBN 0-945466-05-6.'
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