I was reading Jim Jubak today and noticed this article about how the Smoot-Hawley Tariff had, in Jubak’s opinion, caused the great depression. I was curious about this and looked up this Wikipedia article on it. The Wikipedia article was a bit more guarded about whether or not the act had ‘contributed to the severity of the Great Depression.’
All very interesting and I have no opinions on the subject but was curious what others thought about it. Feel free to comment on the original Jubak article as well. I’m curious what other’s think.