The Triumph of William McKinley: Why the Election of 1896 Still Matters

Klinghard, Daniel

doi:10.1515/for-2017-0026

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Debating Nationalism1

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2021

2023

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“…There were other contentious issue too, e.g. bimetallism in the US and votes for women in the UK (Dent, 2020;Rove, 2016).…”

Section: Debating Nationalismmentioning

confidence: 99%

International business policy in an age of political turbulence

Casson

2021

Journal of World Business

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“…There were other contentious issue too, e.g. bimetallism in the US and votes for women in the UK (Dent, 2020;Rove, 2016).…”

Section: Debating Nationalismmentioning

confidence: 99%

International business policy in an age of political turbulence

Casson

2021

Journal of World Business

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“…Perhaps the closest the world approached to free trade was the pre-First World War system for North America and Europe, but the U.S., an increasingly large and economically important country from 1865 on, was protectionist. For an example of the politics (seeRove, 2015). America has a long history of being difficult territory for low-tariff supporters, let along free-trade advocates.…”

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confidence: 99%

Tariffs and welfare: A common, invalid anti-tariff argument

Sweeney¹

2023

EBR

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President Trump imposed tariffs in 2017 on several of China’s exports, notably steel. Many papers opposed these tariffs by using a common, invalid argument: rather than arguing these tariffs reduced U.S. welfare, they argue U.S. consumers and businesses pay the tariffs, a different, rhetorical issue. Their main evidence of harm is increases in imported goods’ after-tariff U.S. prices, especially relativeto other goods’ U.S. prices. In a standard, small general equilibrium model (two countries, two goods, two factors), this price evidence is wholly ambiguous—it is even consistent with the view that Trump’s tariff was optimal,increasing U.S. welfare. Even sophisticated papers are similarly ambiguous. All fail because they neglect how government uses tariff revenue. Relying on fallacious arguments makes the free-trade position look weak and encourages protectionism.

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The Triumph of William McKinley: Why the Election of 1896 Still Matters

Cited by 2 publications

References 0 publications

International business policy in an age of political turbulence

International business policy in an age of political turbulence

Tariffs and welfare: A common, invalid anti-tariff argument

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