Download or read book Peddling Protectionism written by Douglas A. Irwin and published by Princeton University Press. This book was released on 2017-10-24 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: A history of America's most infamous tariff The Smoot-Hawley tariff of 1930, which raised U.S. duties on hundreds of imported goods to record levels, is America's most infamous trade law. It is often associated with—and sometimes blamed for—the onset of the Great Depression, the collapse of world trade, and the global spread of protectionism in the 1930s. Even today, the ghosts of congressmen Reed Smoot and Willis Hawley haunt anyone arguing for higher trade barriers; almost single-handedly, they made protectionism an insult rather than a compliment. In Peddling Protectionism, Douglas Irwin provides the first comprehensive history of the causes and effects of this notorious measure, explaining why it largely deserves its reputation for combining bad politics and bad economics and harming the U.S. and world economies during the Depression. In four brief, clear chapters, Irwin presents an authoritative account of the politics behind Smoot-Hawley, its economic consequences, the foreign reaction it provoked, and its aftermath and legacy. Starting as a Republican ploy to win the farm vote in the 1928 election by increasing duties on agricultural imports, the tariff quickly grew into a logrolling, pork barrel free-for-all in which duties were increased all around, regardless of the interests of consumers and exporters. After Herbert Hoover signed the bill, U.S. imports fell sharply and other countries retaliated by increasing tariffs on American goods, leading U.S. exports to shrivel as well. While Smoot-Hawley was hardly responsible for the Great Depression, Irwin argues, it contributed to a decline in world trade and provoked discrimination against U.S. exports that lasted decades. Peddling Protectionism tells a fascinating story filled with valuable lessons for trade policy today.

Download or read book American Economist and Tariff League Bulletin written by and published by . This book was released on 1914 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Clashing Over Commerce written by Douglas A. Irwin and published by University of Chicago Press. This book was released on 2017-11-29 with total page 873 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs

Download or read book American Economist and Tariff League Bulletin written by and published by . This book was released on 1902 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book La Follette s Weekly Magazine written by and published by . This book was released on 1909 with total page 850 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Protectionist written by and published by . This book was released on 1911 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: A monthly magazine of political science and industrial progress.

Download or read book Tariff League Bulletin written by and published by . This book was released on 1901 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Hearings on General Tariff Revision 1929 written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 1929 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book American Economist written by and published by . This book was released on 1921 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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Download or read book Malawi Energy Policy Laws and Regulation Handbook Volume 1 Strategic Information and Regulations written by IBP USA and published by Lulu.com. This book was released on with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Malawi Business Law Handbook Volume 1 Strategic Information and Basic Laws written by IBP USA and published by Lulu.com. This book was released on 2013-08 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Malawi Business Law Handbook - Strategic Information and Basic Laws

Download or read book The Edinburgh Review written by and published by . This book was released on 1909 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Report of the Industrial Commission on the Relations and Conditions of Capital and Labor Employed in Manufactures and General Business written by United States. Industrial Commission and published by . This book was released on 1901 with total page 1082 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The North American Review written by Jared Sparks and published by . This book was released on 1907 with total page 940 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vols. 277-230, no. 2 include Stuff and nonsense, v. 5-6, no. 8, Jan. 1929-Aug. 1930.

Download or read book The North American Review written by and published by . This book was released on 1907 with total page 918 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vols. 227-230, no. 2 include: Stuff and nonsense, v. 5-6, no. 8, Jan. 1929-Aug. 1930.

Download or read book Report written by United States. Industrial Commission and published by . This book was released on 1901 with total page 1084 pages. Available in PDF, EPUB and Kindle. Book excerpt: