Mill Talk: Tariffs and Trade, Then and Now

Mill Talk: Tariffs and Trade, Then and Now
THIS IS AN IN-PERSON EVENT

Professor Bryan Snyder, Bentley University

Professor Lawrence Peskin, Morgan State University

In 1816, Francis Cabot Lowell was in Washington DC lobbying Congress to pass the first protectionist tariff in American history. In the aftermath of the War of 1812, the burgeoning cotton textile industry he had fought so hard to build was imperiled by the cheap dumping of British imports. By building a coalition between Northern industrialists and Southern plantation owners, Lowell was successful in arguing that tariffs would ensure that American domestic manufacturing should be protected, and that the federal government’s trade policy had a duty to so.

Now, tariffs are back in the political conversation, and the efforts around the Tariff of 1816 and its consequences are as relevant as ever. Join us as we engage in a dynamic conversation connecting the past, present, and future of tariffs and trade policy and their effects. Economist Bryan Snyder and historian Larry Peskin will draw lessons from American history to inform our understanding of economic policy today.

Speaker Bio: Lawrence Peskin, Morgan State University

Lawrence Peskin is a professor of History at Morgan State University in Baltimore. He specializes in antebellum political economy and has written extensively on pro-manufacturing protectionism, most recently on American business and diplomacy in the Mediterranean. His books include Manufacturing Revolution: The Intellectual Origins of American Industry (Johns Hopkins University Press; Matthew Carey, The New Olive Branch (Anthem Press, editor); Three Consuls: Capitalism, Empire and the Rise and Fall of America's Mediterranean Community, 1776-1840."

Links:

Three Consuls:Capitalism, Empire, and the Rise and Fall of America's Mediterranean Community, 1776–1840 | Cambridge University Press

Manufacturing Revolution: The Intellectual Origins of Early American Industry | Johns Hopkins University Press

Dr. Lawrence Peskin | Morgan State Univeristy Faculty

Speaker Bio: Bryan Snyder, Bentley University

Professor Snyder is a Distinguished Lecturer in the Department of Economics at Bentley University. His teaching interests cover a wide scope of economics, economic history and political economy. His current writing and research activities focus on the editing and production of the classroom readers Real World Micro (31st edition), Real World Macro (41st edition) and Economic of the Environment (4th edition) for Dollars & Sense magazine. He has also taught Business Ethics at University of Massachusetts-Lowell and has adapted the curriculum to high school, undergraduate and graduate curriculums. Professor Snyder delights in incorporating “normative” issues into his curriculum and challenges his students to address moral and ethical issues in the study of economics.

Links:

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