A Splendid Exchange: How Trade Shaped the World

Front Cover
Atlantic Monthly Press, 2008 - History - 467 pages
32 Reviews
Adam Smith wrote that man has an intrinsic "propensity to truck, barter, and exchange one thing for another.” But how did trade evolve to the point where we don’t think twice about biting into an apple from the other side of the world? In this sweeping narrative history of world trade, William J. Bernstein tells the extraordinary story of global commerce from its prehistoric origins to the myriad controversies surrounding it today. He transports readers from ancient sailing ships that brought the silk trade from China to Rome in the second century to the rise and fall of the Portuguese monopoly in spices in the sixteenth; from the American trade battles of the early twentieth century to the modern era of televisions from Taiwan, lettuce from Mexico, and T-shirts from China. Lively, authoritative, and astonishing in scope, A Splendid Exchange is a riveting narrative that views trade and globalization not in political terms, but rather as an evolutionary process as old as war and religion--a historical constant--that will continue to foster the growth of intellectual capital, shrink the world, and propel the trajectory of the human species.

What people are saying - Write a review

User ratings

5 stars
6
4 stars
23
3 stars
2
2 stars
0
1 star
1

Review: A Splendid Exchange: How Trade Shaped the World from Prehistory to Today

User Review  - Jrobertus - Goodreads

The author outlines the history of trade from preliterate societies to the GATT agreements. IT is easy to underestimate the importance of the drive to trade in human history. For centuries men have ... Read full review

Review: A Splendid Exchange: How Trade Shaped the World from Prehistory to Today

User Review  - Goodreads

The author outlines the history of trade from preliterate societies to the GATT agreements. IT is easy to underestimate the importance of the drive to trade in human history. For centuries men have ... Read full review

Other editions - View all

About the author (2008)

William Bernstein, Ph.D., M.D. (North Bend, OR) founded the popular website efficientfrontier.com. A practicing neurologist and the author of "The Intelligent Asset Allocator "and "The Four Pillars of Investing," Dr. Bernstein has an intensely loyal following of readers as well as an extensive network of media contacts. He is often quoted in "The Wall Street Journal "and is a frequent guest columnist for "Morningstar,

Bibliographic information