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Donald Trump Praises Tariffs: A Look at Adam Smith’s Free Trade Exceptions & U.S. Economic Policy.
This refutes the orthodoxy of unilateral free trade championed for hundreds of years beginning with the 1776 “Wealth of Nations” author Adam Smith, widely known as the father of modern economics.
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What would the father of protectionism say to Trump?
The author is an economic columnist and CEO of Geuljaengi.Inc. Adam Smith, the founding father of economics, mentioned the “invisible hand” only once in “The Wealth of Nations” (1776).