The Tradition of Free Trade

by
Edition: 1st
Format: Nonspecific Binding
Pub. Date: 2004-09-02
Publisher(s): Routledge
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Summary

In the nineteenth century Adam Smith and others gradually invented a 'tradition' of free trade. This was a towering achievement and has proved to be influential to this day. This book examines this construction of the free trade tradition. Showing how historical contruction is a vital component in the writing of doctrinal history, Lars Magnusson argues that it is important for historians of economic thought to distance themselves from the practice of writing history backwards. Contrasting what occurred in Britain in the nineteenth century with what occurred in the United States and in Sweden, this book shows that perhaps the classical tradition meant something else entirely in different national contexts. This original and thought-provoking book is written such that it will be of great interest not only to historians specializing in economic thought, but also historians with other areas of interest.

Table of Contents

The Invention of a Tradition of Free Trade - an Introduction
The Heritage from Smith and Classical Political Economy
The Innovation of a Tradition - From the Corn Law to the Fair Trade Controversy
The Historical Construction of Mercantilism
The American System
The Three Systems of Political Economy - A Swedish Case of Translation
Epilogue
Table of Contents provided by Publisher. All Rights Reserved.

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