Adam Smith
1723–1790, Scotland (the Scottish Enlightenment: Kirkcaldy, Glasgow, Edinburgh)
Tariffs, Hockey Sticks, and the High Cost of Cant
A 50 percent duty on Canadian goods flatters producers and punishes consumers, while a British promise of “breathing space” will stand or fall by whether it cheapens living, not whether it sounds benevolent.
A statesman who taxes a hockey stick at fifty per cent presents us, in miniature, with the whole genius of the commercial system I once called mercantile. The White House, I am told, invokes an old statute to justify heavy duties on Canadian wine, cement, and other wares, professedly in retaliation for that country’s discrimination against American products. Thus oppression is avenged by dearer skates and dearer cellars. In such disputes, each party complains of the other’s partialities while carefully concealing its own. The quarrel is ostensibly about justice between nations; the substance is almost always about advantage to some class of traders within them.
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