World Action for World Recovery.
- Resource Type
- Article
- Authors
- Hazlitt, Henry
- Source
- Nation; 6/8/1932, Vol. 134 Issue 3492, p642-644, 3p
- Subject
- COMMERCIAL policy
INDIRECT taxation
TARIFF
REVENUE
ECONOMIC policy
TECHNOLOGY
- Language
- ISSN
- 00278378
The article focuses on the trade and tariff policies of U.S. For the present-day tariff policy of Europe and U.S. is hardly distinguishable from the tariff policies rampant in the seventeenth and eighteenth centuries. The real reasons for those tariffs are the same, and the pretended reasons are also the same. On the contrary, both technological progress and the circumstances of the last few years make tariff reduction one of-the two or three most desperately urgent economic needs of the moment. The effect of technical progress ought to be too obvious to need dwelling upon.