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The Mind Behind Early American Protectionism

Before free trade became a consensus, Friedrich List argued that U.S. industry should be put first.
Trump speaks to auto workers.
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Donald Trump Wants to Take Republicans Back to Their Roots

The GOP was once the party of protectionism, while the Democrats led the way on free trade.

America’s Tumultuous History With Tariffs

From William McKinley to Ronald Reagan, Donald Trump has plenty of precedent if he's looking for it.
House destroyed by hurricane in Puerto Rico.
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Decisions More Than a Century Ago Explain Why The U.S. Has Failed Puerto Rico in Its Time of Need

Fears about trade prompted the decision to make Puerto Rico a colony.

The Jones Act, the Obscure 1920 Shipping Regulation Strangling Puerto Rico

Protectionism and exploitation at its worst.
Donald Trump and Theresa May
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Protectionism 100 Years ago Helped Ignite a World War. Could it Happen Again?

Abandoning free trade doesn't just hurt the economy. It threatens peace and stability across the globe.
Donald Trump at a podium

The New Trumpian Bargain

Trump's second term echoes 19th-century policies: tariffs and immigration limits protect workers, while deregulation risks widening inequality.
Trump holding a table of tariff rates.
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Tariffs Don’t Have to Make Economic Sense to Appeal to Trump Voters

Economists and Democrats dismiss Trump’s tariffs talk at their peril.
Shipping container labeled "China Shipping," overlaid on political cartoon showing a tariff slowing supply of medicine to a drip.

Trump Loves The 1890s But He’s Clueless About Them

The tariffs he keeps babbling about didn’t make that decade great. They helped usher in a depression.
Volunteers at Big Creek Missions in Leslie County, Kentucky

Mr. Rogers’ Neighborhood

I’ve been going back to eastern Kentucky for over a decade. Since 2016, something there has changed.
Law and Political Economy Project

Recovering the Left-Wing Free Trade Tradition

Free trade has been defended primarily by neoliberals who cared little about social justice or democracy. An examination of its history paints a different picture.
Collage depicting shipping containers, a scale weighing American dollars, and a screen of numbers and percentages

Free Trade's Origin Myth

American elites accepted the economic theory of "comparative advantage" mainly because it justified their geopolitical agenda.
Black-and-white illustration of men using several of Thomas Edison's inventions

A Dose of Rational Optimism

"Slouching Towards Utopia" is a rise-and-fall epic—but it is better at depicting the rise than explaining the fall.
Cover to Eric Helleiner's "The Neomercantilists: A Global Intellectual History," a Japanese=style screen print depicting men discussing business by a train, with boats in the background.

Developmental Realism

Now is a critical time to acquire a better understanding of this misunderstood and oversimplified philosophy known as Neomercantilism.
A line of cars waiting their turn at a filling station in Portland, Oregon, 1973.

The Price of Oil

The history of control and decontrol in the oil market.
Cleveland-Stevenson Tariff Reform Portrait Handkerchief

Tax Regimes

Historian Robin Einhorn reflects on Americans’ complicated relationship to taxes, from the colonial period through the Civil War to the tax revolts of the 1980s.

Whose Century?

One has to wonder whether the advocates of a new Cold War have taken the measure of the challenge posed by 21st-century China.

Ross Perot, Populist Harbinger

Views that were fringe in Perot’s day had, by the 2016 election, taken center stage.
Pat Buchanan surrounded by balloons at a campaign rally.

The Year the Clock Broke

How the world we live in already happened in 1992.
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Zones of Doubt

What we can learn about trade policy from a misbegotten 19th century effort to quantify the chemical properties of wool.

Trump’s Nineteenth-Century Grand Strategy

The themes of his UN General Assembly speech have deep roots in U.S. history.
Trump glares at Trudeau at the G7 meeting.
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Trump Has Ignored the Worst Chapter of U.S.-Canada Relations

The War of 1812 holds lessons about the costly error of tariffs — not the threat of Canadians.

There’s Something Fishy About U.S.-Canada Trade Wars

In the 19th century, a tariff dispute actually came to blows, with 30 million frozen herring caught in the middle.
Donald Trump holding up a bill he signed.
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Ceding Power to the Executive is Backfiring on Free-Trade Advocates

Liberal Democrats sidestepped Congress to bring free trade to the U.S. Now, Trump is able to do the same thing to destroy it.
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The Truth About Trade Wars: Everyone Loses, and the Damage Is Hard To Undo

President Trump is repeating the mistakes of the Great Depression.

Can History Avoid Conspiracy?

Historians still lack a good way to define, discuss, and address historical actions that appear to be "conspiracies."

Taft and Trump

Much more than time separates the 27th president from the 45th.

'Trade Wars Are Good'?

Three past conflicts tell a very different story.

Congress Handed to the President the Power to Level Tariffs

A republic needs a legislature that can handle such tasks. We don’t have one.

James Madison Would Like a Few Words on Trade Wars

The fourth president tried all kinds of sanctions to open markets, but still ended up in the War of 1812.

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