Name: making sense of smoot-hawley: technology and tariffs
Price: 728.00 TWD
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Author: Beaudreau, Bernard C.
ISBN: 9780595378883

portada making sense of smoot-hawley: technology and tariffs

making sense of smoot-hawley: technology and tariffs

Type

Physical Book

Author

Bernard C. Beaudreau

Publisher

iUniverse

Year

2005

Language

English

Pages

224

Format

Paperback

Dimensions

22.9 x 15.2 x 1.3 cm

Weight

0.34 kg.

ISBN

0595378889

ISBN13

9780595378883

Synopsis "making sense of smoot-hawley: technology and tariffs"

Three-quarters of a century after its enactment, the Smoot-Hawley Tariff Act remains an enigma. Either U.S. policymakers were grossly mistaken or we have missed something. Could there have been a method to their apparent madness? Could the upward tariff revision have made sense, however little? This book, based on the author's earlier work on Mass Production and the Great Depression, offers an alternative interpretation of the Smoot-Hawley Tariff Act of 1930, namely as a response on the part of U.S. policymakers to the problem of underincome, itself the result of the massive technology shock that was electrification and the ensuing extremely-high-throughput, continuous-flow production techniques pioneered at the Ford Motor Company at its Highland Park plant. Productive capacity increased faster than income and expenditure, opening the gap that Reed Smoot, Willis C. Hawley, and the Republican Party set out to close via a generalized upward tariff revision.

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making sense of smoot-hawley: technology and tariffs - Beaudreau, Bernard C.

Synopsis "making sense of smoot-hawley: technology and tariffs"

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