Mises Wire
Author:
Jeffrey M. Herbener
Online Publish Date:
[From The Freeman, September, 1995 ] Governments were threatening trade wars with retaliatory tariffs and quotas, belligerents suffered currency devaluations and balance of payments deficits, and everyone threatened legal action. The United States and Japan in 1995? No, this situation described the relationship between the states in 1780. Prior to