The debate on tariffs ignores a very big issue: the tax wedge. A tariff is a tax, and a tax is a wedge, an obstacle between buyer and seller. How harmful the tax wedge is, of course, depends on its ...

Monday marked the start of The Smoot Theatre’s 2025 Camp Vaudeville, which has been happening annually for 34 years. Each ...

In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought they had landed on a way to protect American farmers and ...

Here's what to know about the Smoot-Hawley Tariff Act, its economic impact, and what its legacy means for tariffs promised by Trump, according to experts.

The Smoot-Hawley Tariff Act of 1930 is blamed for deepening the Great Depression. Don’t tell that to the Trump administration, which just unveiled the toughest tariffs in almost a century.

Disney Imagineer Lanny Smoot is one of the most prolific Black inventors in the United States. The Columbia University alum is the brains behind some of Disney’s most iconic tech. He has ...

What was the Smoot Talley Tariff Law?” I asked this week.

Does the Smoot-Hawley Act Justify the Trump Tariffs? No, Says Philip Zelikow Eugene Volokh |6.3.2025 4:21 PM My Hoover Institution colleague Philip Zelikow was kind enough to pass this along; he ...

The Smoot-Hawley tariffs set off a near-immediate trade war, in which several foreign nations responded to tariffs by slapping U.S. imports with taxes of their own.

Trump says high tariffs may have prevented the Great Depression. History says different Most historians look back on the Smoot-Hawley Tariffs Act of 1930 as a mistake that made a bad economic ...

What could the legacy of Smoot-Hawley mean for Trump's tariff proposals? Smoot-Hawley cast a shadow over tariff policy for decades, Irwin said. "It gave tariffs a bad name," he added.