The Bear’s Lair: Tariffs + High Immigration = Robber Barons
President Trump has proposed a general tariff for the United States if he is re-elected. This is traditional Republican policy; the GOP was highly protectionist from 1860 until 1932, with the 1862 Morrill Tariff being the first major assault on Britain’s attempt to move to a free-trade world. However looking back, the Republican tariff policy […]