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Mentioned in 1 episodes
Peddling Protectionism
Smoot Hawley, and the Great Depression
Book •
Douglas Irwin's "Peddling Protectionism" delves into the Smoot-Hawley Tariff Act of 1930, a pivotal moment in American economic history.
The book meticulously examines the political and economic factors that led to the act's passage, highlighting the role of agrarian interests and the miscalculations of policymakers.
Irwin analyzes the devastating consequences of Smoot-Hawley, demonstrating its contribution to the deepening of the Great Depression through trade restrictions and retaliatory measures from other nations.
The book serves as a cautionary tale against protectionist policies, emphasizing the importance of free trade for economic prosperity.
It remains a significant contribution to the understanding of trade policy and its impact on global economies.
The book meticulously examines the political and economic factors that led to the act's passage, highlighting the role of agrarian interests and the miscalculations of policymakers.
Irwin analyzes the devastating consequences of Smoot-Hawley, demonstrating its contribution to the deepening of the Great Depression through trade restrictions and retaliatory measures from other nations.
The book serves as a cautionary tale against protectionist policies, emphasizing the importance of free trade for economic prosperity.
It remains a significant contribution to the understanding of trade policy and its impact on global economies.
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Mentioned in 1 episodes
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Caleb Brown
Best of Cato Daily Podcast: Smoot-Hawley 81 Years Later
