Teddy Roosevelt: “Our experience as a people in the past has certainly not shown us that…”

On the record

Our experience as a people in the past has certainly not shown us that we could afford in this matter to follow those professional counselors who have confined themselves to study in the closet; for the actual working of the tariff has emphatically contradicted their theories.

Said by

Teddy Roosevelt

Republican · New York

Source

gutenberg.org

Editor's note · Context

Roosevelt critiques theoretical economists who lack practical experience with tariffs, highlighting the disconnect between theory and reality.

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Teddy Roosevelt: “Our experience as a people in the past has certainly not shown us that we could afford in this matter to follow those…”

Editor's note · Context