May 16, 2025
Judging tariffs, even when rates fluctuate, we can use the Yale Budget Lab's criteria to evaluate their macro and micro impact.
Judging tariffs, even when rates fluctuate, we can use the Yale Budget Lab's criteria to evaluate their macro and micro impact.
Looking at tariff history, we can see why the benefits of trade and the downside of protection can both be invisible.
In addition to its impact on the Great Depression, Smoot-Hawley occupies a special place in tariff history because of its impact on us.