Smoot-Hawley Tariff: Courting Infamy
Apr 14th, 2005 | By Whiskey Contributor | Category: Emerging Markets
Justice Litle discusses the Smoot-Hawley Tariff Act of 1930 -- "the most destructive example of boneheaded protectionism in US History" -- and how politicians today seem determined to make the same mistake.
"A society of sheep must in time beget a government of wolves."
-- Bertrand de Jouvenel
"The wolf careth not, ...read more
