Abstract
Markets are not natural institutions, inherent in human nature, as Adam Smith suggested. Nor are all humans born as homo economicus, market- oriented, profit-maximizing individuals. Markets and international trade are social and historical products. This chapter will discuss the historical process of creating international markets by applying historical commodity chain analysis to coffee.
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Topik, S. (2015). Trade History: From the Tree to the Futures Market, the Historical Process of Coffee Commodification, 1500–Today. In: Ervine, K., Fridell, G. (eds) Beyond Free Trade. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137412737_2
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DOI: https://doi.org/10.1057/9781137412737_2
Publisher Name: Palgrave Macmillan, London
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