patrick.net

The American School included three cardinal policy points:

Protecting industry through selective high tariffs (especially 1861–1932) and through subsidies (especially 1932–1970).
Government investments in infrastructure creating targeted internal improvements (especially in transportation).
A national bank with policies that promote the growth of productive enterprises rather than speculation.[8][9][10][11]

Government support for the development of science and public education through a public 'common' school system and investments in creative research through grants and subsidies.
Rejection of class struggle, in favor of the "Harmony of Interests" between: owners and workers, farmer and manufacturers, the wealthy class and the working class.[18]

...


[They say] if you had not had the Protective Tariff things would be a little cheaper. Well, whether a thing is cheap or dear depends upon what we can earn by our daily labor. Free trade cheapens the product by cheapening the producer. Protection cheapens the product by elevating the producer. Under free trade the trader is the master and the producer the slave. Protection is but the law of nature, the law of self-preservation, of self-development, of securing the highest and best destiny of the race of man.

[It is said] that protection is immoral.... Why, if protection builds up and elevates 63,000,000 [the U.S. population] of people, the influence of those 63,000,000 of people elevates the rest of the world. We cannot take a step in the pathway of progress without benefitting mankind everywhere. Well, they say, ‘Buy where you can buy the cheapest'.... Of course, that applies to labor as to everything else. Let me give you a maxim that is a thousand times better than that, and it is the protection maxim: ‘Buy where you can pay the easiest.' And that spot of earth is where labor wins its highest rewards.

https://en.wikipedia.org/wiki/American_School_(economics)