Listen "Anyone? Anyone? Smoot-Hawley Tariff Act? Anyone? Anyone?"
Episode Synopsis
It was the start of a new decade. America, still reeling from the 1929 crash, passed a single law meant to save its farmers and manufacturers — and instead helped plunge the world into deeper economic ruin. In this episode of Time Tellers, Renee and Dan trace the rise of the Smoot-Hawley Tariff Act: from a farm-focused bill to a 20,000-item tariff behemoth, the political fights that carried it into law, and the swift global retaliation that collapsed trade and devastated communities.
Through first-hand readings, lively banter, and expert context, the hosts take you behind the scenes of a legislative feeding frenzy, the economists who warned of disaster, and the international fallout that reshaped trade diplomacy for generations. By following the people caught in the policy — farmers, industrialists, presidents, and foreign leaders — the episode reveals how short-term protectionism can become long-term calamity, and how those choices still echo in today’s trade debates.
Through first-hand readings, lively banter, and expert context, the hosts take you behind the scenes of a legislative feeding frenzy, the economists who warned of disaster, and the international fallout that reshaped trade diplomacy for generations. By following the people caught in the policy — farmers, industrialists, presidents, and foreign leaders — the episode reveals how short-term protectionism can become long-term calamity, and how those choices still echo in today’s trade debates.
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