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David Chan Smith

David Chan Smith is an associate professor of history at Wilfrid Laurier University, Canada. His research into the history of business and law explores moral economies, organizational evolution and marketization. He is currently investigating the long history of business and its social responsibilities, and the problem of business interests in classical liberal thought.
Commentary

A Tale of Tariffs and the Making of the Modern Offshore Market

David Chan Smith
David Chan Smith argues that tariff regimes during the eighteenth century encouraged modern history’s first offshore markets to reroute goods through jurisdictions that faced lower tariff rates. This historical “entrepôt trade” could outstrip the legal trade of some goods and carries lessons for contemporary revisions to international trade.
Antitrust and Competition

Why We Need To Re-think Friedman’s Ideas About Monopolies

David Chan Smith
Friedman’s New York Times Magazine article on the social purpose of business was a specific intervention in the debate over shareholder activism and mentions...

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The publication of the Stigler Center at The University of Chicago Booth School of Business

ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.