This Week in 1930 - America's Tariff Apocalypse, Aviatrix Amy Johnson Awes Aussies... and Ferris Bueller?
In the first week of June 1930, America was on the brink of economic apocalypse with its Smoot-Hawley tariffs – and their effects would be felt terribly Down Under and around the world. In this very same week, Aussies set in motion a process that'd further guarantee we suffered horribly in the Great Depression. At least in good news, Sydney welcomed heroic aviatrix Amy Johnson in what was the first example of modern celebrity hysteria in Australia. For a bit of fun, we also look at the Smoot-Hawley tariff scene from Ferris Bueller's Day Off, learning how actor-economist Ben Stein later…
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