Ideas Have Consequences - Turning Free Trade Idea into Reality

In: SKŘIVAN, Aleš, SUPPAN, Arnold. Prague Papers on the History of International Relations. Praha : UK, 2007, pp. 103–112. ISBN 978-80-7308-208-6.

7 Pages Posted: 17 Jun 2014

See all articles by David Lipka

David Lipka

Anglo-American University; International Centre for Economic Research (ICER)

Daniel Šťastný

J. E. Purkyne University

Date Written: 2007

Abstract

We provide historical description of the transfer of one particular idea into reality: the insight of economic science about trade relations among nations and its implementation into policy. The record of the free trade story may serve as an illustration of how difficult it is for an idea to make a lasting impact upon the world. Clearly, it is not enough for an idea to be articulated as evidenced from the lack of impact of economic theory showing free trade to be superior to protection. Equally clearly, yet even more surprisingly, it is not enough for an idea to be introduced to general population once. Ideas may (and will likely) not remain a part of general commonplace knowledge unless the population is repeatedly and routinely taught, or reminded of it.

Keywords: Free trade, Economic ideas, Policy change

JEL Classification: N70, B12

Suggested Citation

Lipka, David and Šťastný, Daniel, Ideas Have Consequences - Turning Free Trade Idea into Reality (2007). In: SKŘIVAN, Aleš, SUPPAN, Arnold. Prague Papers on the History of International Relations. Praha : UK, 2007, pp. 103–112. ISBN 978-80-7308-208-6., Available at SSRN: https://ssrn.com/abstract=2450731

David Lipka (Contact Author)

Anglo-American University ( email )

Lazenska 4
11800 Praha 1
Prague 1, 11800
Czech Republic

International Centre for Economic Research (ICER) ( email )

Villa Gualino
Viale Settimio Severo, 63
10133 Torino
Italy

Daniel Šťastný

J. E. Purkyne University

Pasteurova 3544/1
Usti and Labem, 400 96
Czech Republic

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