The Clash of Ideas

Watkins, Mel
September 2003
International Journal of Political Economy;Fall2003, Vol. 33 Issue 3, p90
Academic Journal
This article seeks to explore neoclassical trade theory versus Canadian political economy. It notes that the story of the triumph of free trade is a story of how an idea, with all its mathematical abstractions and econometric testing, can be turned into a slogan that serves the powerful and disciplines the unwashed. But it cannot itself escape the famous judgment of history, including the judgment of intellectual history. As might be expected in these postmodernist times, a big idea is as likely to be a bad idea as a good idea; all big ideas should carry a warning label.


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