A Splendid Exchange: How Trade Shaped the World
Trade is exalted because it represents the advancement of the interests of both parties involved—in contrast with banditry, which advances the interests only of the bandit, to the detriment of the victim.
Philip Auerswald • The Coming Prosperity: How Entrepreneurs Are Transforming the Global Economy
With the Ottoman Empire reigning in the newly named Istanbul, the ancient silk routes and sea routes to Asia were at risk.
Jeffrey D. Sachs • The Ages of Globalization: Geography, Technology, and Institutions
This is history’s greatest theme: the metastasis of exchange, specialisation and the invention it has called forth, the ‘creation’ of time.
Matt Ridley • The Rational Optimist: How Prosperity Evolves (P.S.)
