{"id":35278,"date":"2024-11-15T15:10:09","date_gmt":"2024-11-15T20:10:09","guid":{"rendered":"https:\/\/www.furman.edu\/news\/?p=35278"},"modified":"2024-11-15T15:10:09","modified_gmt":"2024-11-15T20:10:09","slug":"kim-warns-against-repeating-a-century-old-economic-policy","status":"publish","type":"post","link":"https:\/\/www.furman.edu\/news\/kim-warns-against-repeating-a-century-old-economic-policy\/","title":{"rendered":"Kim warns against repeating a century-old economic policy"},"content":{"rendered":"<p>In an article appearing in <a href=\"https:\/\/koreajoongangdaily.joins.com\/news\/2024-11-14\/opinion\/meanwhile\/A-wild-return-to-the-Roaring-Twenties\/2178146\">Korea JoongAng Daily<\/a>, Furman University\u2019s <a href=\"https:\/\/www.furman.edu\/people\/francis-kim\/\">Sungjae &#8220;Francis&#8221; Kim<\/a> reported on the similarities between proposed trade policies of President Elect Trump and those of the \u201cRoaring 20s\u201d under the Wilson administration and later, under Harding. Kim, an associate professor of finance in the Department of Business and Accounting and regular contributor to The JoongAng, wrote that imposing excessive tariffs on foreign goods and the retaliatory tariffs that will surely follow, may lead to a global economic collapse much like The Great Depression of the 1930s.<\/p>\n<p>The story first ran in <a href=\"https:\/\/www.joongang.co.kr\/article\/25291880\">The JoongAng<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Korean newspaper of record, The JoongAng, Furman Associate Professor of Finance Francis Kim compares proposed Trump trade policies with economic policies under the Wilson and Harding administrations, which ultimately led to global economic collapse.<\/p>\n","protected":false},"author":257,"featured_media":30596,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20,6,2631],"tags":[704,3136,3138,3141,3140,3137,3139],"class_list":["post-35278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-accounting","category-in-the-news","category-the-joongang","tag-donald-trump","tag-economic-policy","tag-korea","tag-tariffs","tag-the-great-depression","tag-trade-policy","tag-world-economy"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/posts\/35278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/users\/257"}],"replies":[{"embeddable":true,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/comments?post=35278"}],"version-history":[{"count":7,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/posts\/35278\/revisions"}],"predecessor-version":[{"id":35286,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/posts\/35278\/revisions\/35286"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/media\/30596"}],"wp:attachment":[{"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/media?parent=35278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/categories?post=35278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/tags?post=35278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}