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Power and Plenty
Trade, War, and the World Economy in the Second Millennium
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
This book is ideal for readers interested in history, economics, and international relations. It suits both general readers seeking a thorough overview of global trade history and economists looking for a detailed analysis of tradeβs role in long-term economic growth.
International trade has shaped the modern world. This book examines the successive waves of globalization and 'deglobalization' that have occurred during the past thousand years, looking at the technological and political causes behind these long-term trends.
Trade has been the economic foundation of international integration and globalization. But, as Findlay and O'Rourke show in this masterful, state-of-the-art historical survey, it has also been a very frequent cause of rivalry between nations and maritime conflict. No better book exists on the role that commerce has played in generating both the wealth of nations and the wars between them. The authors command the literature the way Victorian admirals ruled the waves. -- Niall Ferguson, Harvard University A work of extraordinary scope and ambition and a major achievement. Findlay and O'Rourke show how international trade opens an illuminating window onto fully a millennium of world economic history. -- Barry Eichengreen, University of California, Berkeley The vision that emerges in this book is more powerful and encompassing than any previous study of world trade. It passes all the tests that an economic historian might require in terms of empirical evidence while also embodying a very clear view of the economics of globalization. The authors have new and important things to say about trade and the Industrial Revolution, the Great Divergence, the extent and driving forces of the globalization of trade in different periods, and the possibility of another globalization backlash. A marvelous achievement. -- Nicholas Crafts, University of Warwick The significance of this work lies in its comprehensiveness and the unflagging thoughtfulness of its analysis. It is very rare to find such detailed historical coverage resting on such a solid theoretical foundation. -- Eric L. Jones, author of "The European Miracle" and "Cultures Merging" This book, magisterial in scope and execution, marries a reading of voluminous historical research with an economist's sharp eye to what is important in shaping economies and events. The authors have drawn exhaustively on the secondary historical, political, and economic literature of the relevant periods and have integrated it faithfully with their own conceptual framework. -- Douglas A. Irwin, Dartmouth College
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Description
International trade has shaped the modern world, yet until now no single book has been available for both economists and general readers that traces the history of the international economy from its earliest beginnings to the present day. Power and Plenty fills this gap, providing the first full account of world trade and development over the course of the last millennium.
Ronald Findlay and Kevin O'Rourke examine the successive waves of globalisation and "deglobalisation" that have occurred during the past thousand years, looking closely at the technological and political causes behind these long-term trends. They show how the expansion and contraction of the world economy have been directly tied to the two-way interplay of trade and geopolitics, and how war and peace have been critical determinants of international trade over the very long run.
The story they tell is sweeping in scope, one that links the emergence of Western economies with economic and political developments throughout Eurasia centuries ago. Drawing extensively upon empirical evidence and informing their systematic analysis with insights from contemporary economic theory, Findlay and O'Rourke demonstrate the close interrelationships of trade and warfare, the mutual interdependence of the world's different regions, and the crucial role these factors have played in explaining modern economic growth.
Power and Plenty is a must-read for anyone seeking to understand the origins of today's international economy, the forces that continue to shape it, and the economic and political challenges confronting policymakers in the twenty-first century.
Series: The Princeton Economic History of the Western World
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Power and Plenty
International trade has shaped the modern world, yet until now no single book has been available for both economists and general readers that traces the history of the international economy from its earliest beginnings to the present day. Power and Plenty fills this gap, providing the first full account of world trade and development over the course of the last...Paperback$13300Unit price /UnavailableAvailableShips in 4-6 weeks
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Power and Plenty has been praised for its ambitious scope and scholarly depth. Eric Rauchway of The New Republic highlights how the authors combine interpretive insight with broad historical narrative, effectively testing economic theory against historical reality. The Economist calls it a splendidly ambitious reference for understanding economic developments over the last thousand years. Andrew Leonard at Salon.com regards it as required reading to grasp how the world economy functions. The book is noted for its clarity and comprehensive coverage.
Book Details
INFORMATION
ISBN: 9780691143279
Publisher: Princeton University Press
Format: Paperback / softback
Date Published: 30 August 2009
Country: United States
Imprint: Princeton University Press
Illustration: 30 line illus.
Audience: Tertiary education, Professional and scholarly
DIMENSIONS
Width: 152.0mm
Height: 235.0mm
Weight: 907g
Pages: 648
About the Author
Ronald Findlay is the Ragnar Nurkse Professor of Economics at Columbia University. He is the author of Factor Proportions, Trade, and Growthand Trade, Development, and Political Economy. Kevin H. O'Rourke is professor of economics at Trinity College, Dublin. He is the coauthor of Globalization and History.
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