Tariffs continue to be a major topic of debate. The author examines what happened to countries that closed their borders and protected domestic industry with the promise of strength and self-sufficiency. The historical record is surprisingly consistent.
Strange to leave out successful modern examples like China, South Korea, Japan, Germany until they decided to destroy their industry for green goals etc.
Comments
Tariffs continue to be a major topic of debate. The author examines what happened to countries that closed their borders and protected domestic industry with the promise of strength and self-sufficiency. The historical record is surprisingly consistent.
Strange to leave out successful modern examples like China, South Korea, Japan, Germany until they decided to destroy their industry for green goals etc.