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Reply To: US/China Trade War

May 16, 2019 at 11:21 am #1391230

Anonymous

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First, who is picking causes of the Great Depression? It is a commonly held view amongst economists that the Smoot and Hawley tariffs did contribute to the severity of the Great Depression, and I only say that as someone who studied economics for 6 years of his life, and was employed briefly a research assistant in an university’s economic department, albeit it was 22 years ago.

Did you actually read that article you pulled the quote from? It is basically saying that the economists you have quoted are wrong and severely underestimating the impact Smoot and Hawley had.