Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article

To: justshutupandtakeit
He states that the industries expanded prior to the tariffs due to the effects of war and embargo which were protectionist in the highest degree. Thus, the effect of the tariffs was more maintenance than infant industry protection.

You're fibbing again, fakeit. Taussig did recognize that a state of protection (or to be more specific, virtual autarky) existed during the war, but he did NOT assert the protectionist tariffs that followed accomplished some sort of "maintenance." In fact he described their effects as virtually negligable toward achieving that end, meaning we would have been better off without them.

1,964 posted on 12/01/2004 5:32:21 PM PST by GOPcapitalist ("Marxism finds it easy to ally with Islamic zealotism" - Ludwig von Mises)
[ Post Reply | Private Reply | To 1948 | View Replies ]


To: GOPcapitalist

I never said HE said that. That was my opinion.


2,040 posted on 12/02/2004 7:19:21 AM PST by justshutupandtakeit (Public Enemy #1, the RATmedia.)
[ Post Reply | Private Reply | To 1964 | View Replies ]

Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson