Featuring the author Ralph Nader; with comments by Daniel McCarthy, Editor, The American Conservative; Timothy P. Carney, Senior Political Columnist, The Washington Examiner; moderated by Brink Lindsey, Vice President for Research, Cato Institute.
The Smoot-Hawley Tariff Act was a grave error for U.S. trade policy. As the United States slid into depression, the act represented a desperation move by Congress and President Hoover. Since then, presidents have regarded free trade as the rule rather than the exception. Economist Douglas A. irwin discusses the Smoot-Hawley Act and its legacy.
Video produced by Caleb O. Brown and Austin Bragg.