Economist

And I'm Sally Helm. And did we all skip class on Smoot-Hawley Day? Yes.

And I'm Sally Helm. And did we all skip class on Smoot-Hawley Day? Yes.

He'd also put some tariffs on washing machines and solar panels.

He'd also put some tariffs on washing machines and solar panels.

He'd also put some tariffs on washing machines and solar panels.

And also partly a protectionist tax to help people who were a big part of President Trump's voting bloc, a.k.a. manufacturing sectors left behind by globalization.

And also partly a protectionist tax to help people who were a big part of President Trump's voting bloc, a.k.a. manufacturing sectors left behind by globalization.

And also partly a protectionist tax to help people who were a big part of President Trump's voting bloc, a.k.a. manufacturing sectors left behind by globalization.

And a big reason for that is this kind of economics horror story. It's used to scare young economists around the campfire. The tale of Smoot-Hawley.

And a big reason for that is this kind of economics horror story. It's used to scare young economists around the campfire. The tale of Smoot-Hawley.

And a big reason for that is this kind of economics horror story. It's used to scare young economists around the campfire. The tale of Smoot-Hawley.

Again, Doug Irwin.

Again, Doug Irwin.

Again, Doug Irwin.

Farmers were feeling forgotten, desperate even, because they're losing their jobs, the economy is shifting away from them and towards a fancy, newfangled techie industry benefiting the coastal elites. In this case, back then, the hot techie industry is manufacturing.

Farmers were feeling forgotten, desperate even, because they're losing their jobs, the economy is shifting away from them and towards a fancy, newfangled techie industry benefiting the coastal elites. In this case, back then, the hot techie industry is manufacturing.

Farmers were feeling forgotten, desperate even, because they're losing their jobs, the economy is shifting away from them and towards a fancy, newfangled techie industry benefiting the coastal elites. In this case, back then, the hot techie industry is manufacturing.

So this became an election issue. Save the farmers. Save the people who are being left behind. And the Republicans and their presidential candidate, Herbert Hoover, they win the election.

So this became an election issue. Save the farmers. Save the people who are being left behind. And the Republicans and their presidential candidate, Herbert Hoover, they win the election.

So this became an election issue. Save the farmers. Save the people who are being left behind. And the Republicans and their presidential candidate, Herbert Hoover, they win the election.