1888: A pro-high-tariff cartoon shows U.S. President Grover Cleveland (1837–1908) introducing lower tariffs in support of the British. Many Americans favoured higher tariffs on imports, on the basis that if British goods were kept off the U.S. market, American industries would prosper. MPI/Getty Images
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]