[remember]

As I recall from many years ago the Europeans started raising tariffs in anticipation of the passage of Smoot Hawley and that hurt U.S. exports and caused the stock panic.

Do you have a source for that? I can't put any stock into the recollection of a nameless person off the internet. That's especially true when that person's prior recollection (that Smoot Hawley was passed before the crash) was incorrect.

[bayourod]

It read it in a book entitled "The Way The World Works" by Jude Wanniski about 20 years ago.

If you happen to come across a copy, it's enjoyable reading for non-economists. I think that was the book that introduced the Laffer Curve.

Jack Kemp might have been the person who suggested it to me. Somewhere I recall hearing it referred to as "the supply-siders' bible."

You won't agree with it if you are a protectionist but you might get some insight as to how us supply siders think.