Adam Smith - Page 3

Virgil: Trump Connects to the Taproot of American Economic Nationalism with Henry Clay’s ‘American System’

In his March 20 speech in Louisville, Kentucky, President Trump sounded many familiar and important themes, including the importance of jobs, manufacturing, trade, and the need to revive the coal industry. And yet he also added a new and larger “meta-theme,” namely, the urgency of building up our industrial strength for the sake of economic and national security. That meta-theme, we might observe, is the essence of the “American System” of Henry Clay.

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