Jon Murphy on The Jones Act and Adam Smith

international trade trade barriers

Jon Murphy with Juliette Sellgren

Jon Murphy, economics instructor at Western Carolina University, talks to us today about Adam Smith’s theoretical and practical exceptions to free trade. We explore whether Smith would have endorsed The Jones Act through his endorsement of Britain’s Navigation Acts.

And don't miss Christy Lynn's Great Antidote Deep Dive on this episode, where you'll find even more to explore!

Want to explore more?
Jon Murphy, Would Adam Smith Have Supported the Jones Act? at Speaking of Smith
Jon Murphy, Does National Security Justify Tariffs? and Revisiting the Case for Free Trade at Econlib
Laura LaHaye's entry on Mercantilism in the Concise Encyclopedia of Economics