Historical Supply Shocks and the Evolution of Global Trade

Exploring the impact of historical supply shocks on inflation, globalization, and capital flows, through examples from the 19th century and the 1970s. Delving into the financial implications of global changes and the search for demand following these shocks, driving innovation in technology and trade practices. Discussing the responses to economic crises by influential figures like Keynes and the implications on global trade, international capital flows, and the rise of economic nationalism.