#7146
Mentioned in 3 episodes
A Splendid Exchange
How Trade Shaped the World
Book • 2009
In 'A Splendid Exchange', William J. Bernstein tells the extraordinary story of global commerce from its prehistoric origins to the myriad controversies surrounding it today.
He explores how trade has evolved, from ancient sailing ships bringing silk from China to Rome, to the rise and fall of the Portuguese monopoly in spices, and to modern trade involving goods like televisions from Taiwan, lettuce from Mexico, and T-shirts from China.
Bernstein examines how trade has contributed to agricultural bounty, intellectual progress, and both prosperity and vulnerability.
He argues that trade is ultimately a force for good among nations and that societies are more successful and stable when involved in vigorous trade with their neighbors.
He explores how trade has evolved, from ancient sailing ships bringing silk from China to Rome, to the rise and fall of the Portuguese monopoly in spices, and to modern trade involving goods like televisions from Taiwan, lettuce from Mexico, and T-shirts from China.
Bernstein examines how trade has contributed to agricultural bounty, intellectual progress, and both prosperity and vulnerability.
He argues that trade is ultimately a force for good among nations and that societies are more successful and stable when involved in vigorous trade with their neighbors.
Mentioned by
Mentioned in 3 episodes
Mentioned by 
Russ Roberts as the author of the book and the basis for their conversation about trade history.
Russ Roberts as the author of the book and the basis for their conversation about trade history.
William Bernstein on the History of Trade
