Within months of the stock market crash, Hoover signed into law the Smoot-Hawley Tariff Act, a 1930 measure that increased tariffs for a broad swathe of imported goods. In response, several ...

By Paul A. Tenkotte, PhD Special to NKyTribune There are many memorable scenes from the movie Ferris Bueller’s Day Off. One ...

And he frequently begins by talking about the infamous Smoot-Hawley tariff of 1930. (Prior analysis: Tax Notes, Dec. 19, 2016, p. 1398.) Trump critics routinely invoke Smoot-Hawley as an object ...

Among the most infamous examples is the Smoot-Hawley Tariff Act of 1930, which exacerbated an already dire economic situation. Implemented to protect American farmers and manufacturers, the tariff ...

And during the Great Depression, the Hawley-Smoot tariff boosted the average U.S. import tax to 59 per cent. For a century and a half, from the early 1800s until the late 1940s, U.S. tariffs were ...

Herbert Hoover signed the retaliatory Smoot-Hawley Tariff Act of 1930, and it only made the Great Depression worse. Mark Benedict Barry Library of Congress Protectionism doesn’t work ...

(SOUNDBITE OF FILM, "FERRIS BUELLER'S DAY OFF") STEIN: (As Economics Teacher) The tariff bill, the Hawley-Smoot Tariff Act, which - anyone? - raised or lowered - raised tariffs. MALONE: But that ...

The key difference is that America now has excessively high consumption, while it had low consumption and excess savings when the Smoot-Hawley Tariff Act was passed in 1930. "Done under current ...

Willis C. Hawley (left) and Reed Smoot meeting shortly after the signing of the Smoot-Hawley Tariff Act. (Credit: National Photo Company/Wikimedia Commons/Postmedia files) Fans of the movie Ferris ...