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What was advertised in a colonial newspaper 250 years ago today?
Hosier Daniel Mause made assertive claims about the value of purchasing stockings produced domestically. Note from the date of the advertisement (May 8) that Mause and other colonists certainly knew that the Stamp Act had been repealed; this advertisement was not a holdover reprinted from weeks or months earlier. 200 more words
Oppenheimer warns against the protectionist temptation barely avoided by the stimulus package that Obama’s administration just issued. Even after washed down, the “Buy American” provision raised the surprise advantage for an American provider over his foreign competitors in public inversions from 6% to 25%. 124 more words