Posted by Sasha Volokh: Protectionism and the Great Depression: http://volokh.com/archives/archive_2009_05_03-2009_05_09.shtml#1241616494
Here's a nice video about the Smoot-Hawley tariff, the Great Depression, and protectionism generally. I should note that the idea that protectionism was a substantial cause of the Great Depression is not universally shared. But watch the video anyway, which has good history and good analysis of the ill effects of protectionism. (h/t: Tom Palmer) [EMBED] _______________________________________________ Volokh mailing list [email protected] http://lists.powerblogs.com/cgi-bin/mailman/listinfo/volokh
