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Peddling Protectionism : Smoot-Hawley and the Great Depression /

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 protect...

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Detalles Bibliográficos
Autor principal: Irwin, Douglas A., 1962- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton : Princeton University Press, [2017]
Colección:Book collections on Project MUSE.
Temas:
Acceso en línea:Texto completo

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100 1 |a Irwin, Douglas A.,  |d 1962-  |e author. 
245 1 0 |a Peddling Protectionism :   |b Smoot-Hawley and the Great Depression /   |c Douglas A. Irwin ; with a new preface by the author. 
264 1 |a Princeton :  |b Princeton University Press,  |c [2017] 
264 3 |a Baltimore, Md. :  |b Project MUSE,   |c 2017 
264 4 |c ©[2017] 
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505 0 |a Cover -- Title -- Copyright -- Contents -- Preface to the Paperback Edition -- Introduction -- Chapter 1. Domestic Politics -- Chapter 2. Economic Consequences -- Chapter 3. Foreign Retaliation -- Chapter 4. Aftermath and Legacy -- Appendix: The Economistsâ#x80;#x99; Statement against the Smoot-Hawley Tariff -- Acknowledgments -- References 
520 |a 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. Featuring a new preface by the author, Peddling Protectionism tells a fascinating story filled with valuable lessons for trade policy today. 
546 |a In English. 
588 |a Description based on print version record. 
610 1 0 |a United States.  |t Tariff Act of 1930. 
650 7 |a Tariff.  |2 fast  |0 (OCoLC)fst01143154 
650 7 |a Protectionism.  |2 fast  |0 (OCoLC)fst01079619 
650 7 |a Economic history.  |2 fast  |0 (OCoLC)fst00901974 
650 7 |a Depressions.  |2 fast  |0 (OCoLC)fst00890969 
650 7 |a Commercial policy.  |2 fast  |0 (OCoLC)fst00869569 
650 7 |a POLITICAL SCIENCE  |x Public Policy  |x Economic Policy.  |2 bisacsh 
650 7 |a POLITICAL SCIENCE  |x International Relations  |x Trade & Tariffs.  |2 bisacsh 
650 7 |a BUSINESS & ECONOMICS  |x International  |x Marketing.  |2 bisacsh 
650 7 |a BUSINESS & ECONOMICS  |x International  |x General.  |2 bisacsh 
650 7 |a BUSINESS & ECONOMICS  |x Exports & Imports.  |2 bisacsh 
650 6 |a Crises economiques  |y 1929  |z États-Unis. 
650 6 |a Protectionnisme  |z États-Unis. 
650 0 |a Depressions  |y 1929  |z United States. 
650 0 |a Protectionism  |z United States. 
650 0 |a Tariff  |z United States  |x History  |y 20th century. 
651 7 |a United States.  |2 fast  |0 (OCoLC)fst01204155 
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651 0 |a United States  |x Economic conditions  |y 20th century. 
651 0 |a United States  |x Commercial policy  |x History  |y 20th century. 
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945 |a Project MUSE - 2017 Complete 
945 |a Project MUSE - 2017 History