Fordney–McCumber included huge loans so europe.
Is Friedman a proponent of trade barriers in your view?
“Fordney–McCumber included huge loans so europe.”
That was the Dawes Plan of 1924, not the Fordney-McCumber tariff.
“Is Friedman a proponent of trade barriers in your view?”
I doubt it, but that has nothing to do with his view of the origin of the Great Depression. The cause was the collapse of the banking system due to a series of Federal Reserve blunders. Smoot-Hawley didn’t merit a mention, it was a minor event compared to the 30% contraction of the American money supply.