The Ideology of Economic Science in the Selling of NAFTA: The Political Economy of Elite Decision-Making

James M. Cypher
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James M. Cypher: California State University, Fresno, California

Review of Radical Political Economics, 1993, vol. 25, issue 4, 146-163

Abstract: Assuming the mantle of "scientific objectivity," orthodox economic analysis has played a major and highly politicized role in the selling of Mexico and NAFTA. Trade models based in the New International Economics fail to acknowledge the strategies of transnational capital or the structural aspects of the Mexican economy, while introducing only those assumptions which enable modelers to "prove" that FTAs are mutually beneficial. The cutting edge of the corporate-government juggernaut promoting NAFTA has been forged through the propagation of the simulation results of tautological and aprioristic neoclassical trade models.

Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:25:y:1993:i:4:p:146-163

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