Make It Stop: When Commerce Stopped (Ark of Commerce Part 4 Replay)


Manage episode 259199651 series 1444021
By Bruce Carlson. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

When we aired this last year, the topic of commerce shutting down did not seem timely. Thus a re-run of our fourth of a series on American commerce, a look at three instances of when U.S. commerce was stopped seems appropriate. From an offensive war effort, to a bid for peace, to a management of peacetime. And we look at the effects of those interventions. The embargo of 1807 is an important part of the Presidency of Thomas Jefferson, not often examined in detailed compared to other events. It brought serious economic problems, but was held up by Jefferson as an experiment by a peaceful power. We also examine his Treasury Secretary Gallatin, who had to implement the plan. We also look at Wilson's railroad takeover and Nixon's wage price board

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