April 4, 2025
Looking at tariff history, we can see why the benefits of trade and the downside of protection can both be invisible.
Looking at tariff history, we can see why the benefits of trade and the downside of protection can both be invisible.
Dartmouth economics professor Doug Irwin uses R, R, and R, to summarize centuries of trade. Revenue Restrictions Reciprocity Using the three R’s, we can look back […]
In addition to its impact on the Great Depression, Smoot-Hawley occupies a special place in tariff history because of its impact on us.