On Wed, Mar 4, 2009 at 9:08 PM, michael perelman <[email protected]> wrote: > This work follows in a long tradition. For example, their forefathers > already figured out that the Smoot-Hawley tariff caused the Great > Depression.
Are they wrong? Is it inaccurate to say that Smoot-Hawley *contributed* to prolonging the Depression? Doesn't that episode offer valuable lessons on reversing course too far, too fast on globalization etc for today? -raghu. -- "Due to budget cuts the light at the end of the tunnel has been switched off." _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
