Peddling Protectionism by Douglas A. Irwin
Smoot-Hawley and the Great Depression
This insightful analysis delves into the economic and political ramifications of the Smoot-Hawley Tariff Act of 1930, a significant piece of legislation that raised U.S. tariffs to unprecedented levels. The book examines how the act, initially intended to protect American industries during the Great Depression, inadvertently exacerbated economic woes by sparking international trade wars and stifling global commerce. Through a detailed exploration of historical context, legislative processes, and the broader economic impact, the narrative provides a nuanced understanding of how protectionist policies can lead to unintended consequences, offering valuable lessons for contemporary trade policy debates.
- Published
- 2011
- Nationality
- American
- Length
- Medium
- Pages
- 256
- Original Language
- English
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- Alternate Titles
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