did tariffs cause the Great Depression? “Certainly not,” says Gary Richardson, economics professor at the University of California, Irvine and former historian of the Federal Reserve System.

did tariffs cause the Great Depression? "Certainly not," says Gary Richardson, economics professor at the University of ...

"The depression started when tariffs were low. So the tariffs or the thought of having tariffs were not a cause of the Great Depression ... But the Federal Reserve, created in 1913, raised ...