Adam Smith’s 1780 Letter Shows He Saw Tariffs as a Tool to Improve Industry

Mar 11, 2026 - 04:00
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Adam Smith’s 1780 Letter Shows He Saw Tariffs as a Tool to Improve Industry

Adam Smith, often considered the patron saint of free markets, argued that a 50% tariff would improve domestic production and make British goods more competitive on international markets.

The post Adam Smith’s 1780 Letter Shows He Saw Tariffs as a Tool to Improve Industry appeared first on Breitbart.

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