Keith Wheeles

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competition. The direction of causality is important: Congress did not deliberately create the infant industries through policy measures; the industries emerged and then compelled Congress to enact higher tariffs for their benefit. In other words, Congress was not farsighted in shaping the future path of the economy but simply reacted to the political pressures that it faced.
Clashing Over Commerce: A History of US Trade Policy (Markets and Governments in Economic History)
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