I’ve always wanted to know why people acquire the things they choose, how they get them, and what they do with them. For years, too, I’ve been fascinated by the period when modernity was being born, a time full of worldwide exploration, the founding of new nations and societies, and the invention of new ways of making, transporting, and distributing all sorts of goods and services. I discovered that studying consumers, consumer goods, and trade from the mid-seventeenth to the late eighteenth century was the perfect way to satisfy my curiosity. The Material Atlantic is my report about what I’ve learned.
I like a good wine (though Madeira isn’t one of my favorites). I like even more a book that tells me about wine—and about many other things that I had not previously connected to wine. That’s what Oceans of Wine does and does magnificently.
David Hancock is a pioneering scholar who has taught us to understand the Atlantic Ocean “world” as an interconnected space of exchanges that remade all the individuals and societies surrounding it. In this book, he shows how merchants in Britain, Portugal, and British North America transformed Madeira from a rather ordinary wine into a transatlantic bestseller.
Like most of my favorite historians, Hancock has dug up a treasure trove of unexplored sources to write a big story in a wholly new way.
This innovative book examines how, between 1640 and 1815, the Portuguese Madeira wine trade shaped the Atlantic world and American society. David Hancock painstakingly reconstructs the lives of producers, distributors, and consumers, as well as the economic and social structures created by globalizing commerce, to reveal an intricate interplay between individuals and market forces. Wine lovers and Madeira enthusiasts will enjoy Oceans of Wine, as will historians interested in food, colonial trade, and the history of the Atlantic region.
Using voluminous archives pertaining to wine, many of them previously unexamined, Hancock offers a dramatic new perspective on the economic and…
I’ve worked top-down with dozens of governments worldwide and bottom-up with many campaigns, start-ups, and social enterprises. I realised that the connecting thread is how to mobilise shared intelligence to address the big challenges like cutting carbon emissions or reducing inequality, and how to avoid the collective stupidity we all see around us. We waste so much of the insight and creativity that sits in peoples’ heads. I thought we were missing both good theory and enough practical methods to make the most of technologies – from the Internet to generative AI – that could help us. I hope that my book – and the work I do – provides some of the answers.
One of my favourite books from a few decades ago is Jane Jacobs’ Systems of Survival.
She is best known for her work on cities, but this has a wider canvas. It explains how all working societies, and organisations, combine contradictory moral syndromes, what she calls the guardian and trader syndromes. She also shows the pathologies that result from mixing them up too much, like when businesses become like governments or governments become too much like businesses.
It is one of the rare books that changes how you see the world – and helps you understand the errors in much social thought.
With intelligence and clarity of observation, the author of The Death and Life of Great American Cities addresses the moral values that underpin working life.
In Systems of Survival, Jane Jacobs identifies two distinct moral syndromes—one governing commerce, the other, politics—and explores what happens when these two syndromes collide. She looks at business fraud and criminal enterprise, government’s overextended subsidies to agriculture, and transit police who abuse the system the are supposed to enforce, and asks us to consider instances in which snobbery is a virtue and industry a vice. In this work of profound insight and elegance, Jacobs gives…
I am Rubén Villahermosa, independent trader and author. My logical and rational mind led me to question the why of market movements, which allowed me to learn the principles of the Wyckoff method. I have deepened in the study of the interaction between supply and demand through high-level Technical Analysis tools such as Wyckoff, VSA, Price Action, Volume Profile, and Order Flow; knowledge that I share through my books from principles of honesty, transparency, and responsibility.
In financial markets, knowing what the large trader is doing is vital. In his book, Tom Williams, who was a syndicated trader, taught us the main signs that allow us to identify the participation of the large traders on the chart, which allows us to make judicious analyses about where the price is most likely to go.
I am a professor of history at Western University in London, Ontario, Canada. I have written about the history of international organizations, international trade, the British Commonwealth, and Canada in the world. Although these topics have taken me in different directions, I have always examined the political currents that run through them. Politics emerge in relation to ideology, policymaking, leadership, norms, values, interests, identity, international relations, and global governance. I have been especially interested in connecting economics and politics. Many scholars write about trade policies, organizations, and negotiations as though they are technical and narrowly economic when they are agents, instruments, and expressions of international politics.
This book shows how trade has long connected people and societies all over the world, from miners in Potosi, to coffee growers in Yemen, and traders and shippers from Fujian.
Topik and Pomeranz reject a Eurocentric approach to the history of international trade and they put real people back into the story. The engaging vignettes in this collection are not primarily about politics, but they make clear why trade is political and polarizing.
The workings of international trade powerfully affected people’s lives, for better and for worse, and so people reacted strongly to trade, as committed champions and tireless opponents.
The World That Trade Created brings to life the history of trade and its actors. In a series of brief, highly readable vignettes, filled with insights and amazing facts about things we tend to take for granted, the authors uncover the deep historical roots of economic globalization.
Covering over seven hundred years of history, this book, now in its fourth edition, takes the reader around the world from the history of the opium trade to pirates, to the building of corporations and migration to the New World. The chapters are grouped thematically, each featuring an introductory essay designed to synthesize…
I’m a legal historian with a particular interest in eighteenth-century Britain and the United States. My research has investigated the history of arbitration, historical connections between law and politics, and changing attitudes to the rule of law. Since 2018, I’ve been a professor at Notre Dame Law School, where I teach courses in legal history, civil procedure, conflict of laws, and the rule of law.
High-school history classes usually tell students that empires expanded at least partly because of their proponents’ greed. But who, exactly, was trying to get paid, and how?
Empire, Incorporated tells the story of Britain’s imperial expansion by focusing on the corporations that drove it.
If you’re on the fence about reading this book, flip to the “Index of Companies, Corporations, and Societies” at the back: the sheer number of entries makes it clear that we can’t understand Britain’s empire by focusing on governments alone. Imperial rule was much more complicated than that.
"[A] landmark book...[a] bold reframing of the history of the British Empire." -Caroline Elkins, Foreign Affairs
An award-winning historian places the corporation-more than the Crown-at the heart of British colonialism, arguing that companies built and governed global empire, raising questions about public and private power that were just as troubling four hundred years ago as they are today.
Across four centuries, from Ireland to India, the Americas to Africa and Australia, British colonialism was above all the business of corporations. Corporations conceived, promoted, financed, and governed overseas expansion, making claims over territory and peoples while ensuring that British and colonial…
I am a historian and economist who is fascinated by the intersection of the economy and culture. This started for me with the idea that economic ideas were shaped by the cultural context in which they emerged, which resulted in my book on the Viennese Students. Over time it has expanded to an interest for the markets for the arts from music to the visual arts, as well as the way in which culture and morality influence economic dynamism. Economics and the humanities are frequently believed to be at odds with each other, but I hope to inspire a meaningful conversation between them.
Economists are arguing to this day what gave rise to the enormous rise in living standards since the 1750s. Deirdre McCloskey argues in this first book of her Bourgeoistrilogy that it resulted from a cultural shift in which bourgeois virtues replaced aristocratic ones. The book opened my eyes to the importance of cultural attitudes (dignity and stigma) of various economic and social activities. McCloskey claims that sustained economic growth and innovation were crucially dependent on the dignity of the bourgeois and their commercial activities. McCloskey’s fluent prose which interweaves empirical historical knowledge with literary allusions remains a model to me.
For a century and a half, the artists and intellectuals of Europe have scorned the bourgeoisie. And for a millennium and a half, the philosophers and theologians of Europe have scorned the marketplace. The bourgeois life, capitalism, Mencken's "booboisie" and David Brooks's "bobos" - all have been, and still are, framed as being responsible for everything from financial to moral poverty, world wars, and spiritual desuetude. Countering these centuries of assumptions and unexamined thinking is Deirdre McCloskey's "The Bourgeois Virtues", a magnum opus that offers a radical view: capitalism is good for us. McCloskey's sweeping, charming, and even humorous survey…
I am a Professor Emeritus of Classical and Byzantine History, and I was fascinated by Attila and the Hun and Genghis Khan from early childhood when I decided that I would become a historian. I set out to write the history of the Eurasian nomads from their perspective, and so convey their neglected history to a wider readership.
I recommend as a very readable account based on original research about the role played by Oghuz Turkish tribes in extending the range and importance of the international trade along the Silk Road between the tenth and eleventh centuries by breeding hybrid camels.
Bulliet has established his reputation as a scholar of vehicles and beasts of burden with his first groundbreaking book The Camel and the Wheel. While Bulliet’s arguments for an advent of colder climate as the stimulus for the breeding of the hybrid camels can be debated, his overall thesis is sound and explains why the Seljuk Turks emerged as the new military power in Eastern Islam in the eleventh century.
A boom in the production and export of cotton made Iran the richest region of the Islamic caliphate in the ninth and tenth centuries. Yet in the eleventh century, Iran's impressive agricultural economy entered a steep decline, bringing the country's primacy to an end. Richard W. Bulliet advances several provocative theses to explain these hitherto unrecognized historical events. According to Bulliet, the boom in cotton production directly paralleled the spread of Islam, and Iran's agricultural decline stemmed from a significant cooling of the climate that lasted for over a century. The latter phenomenon also prompted Turkish nomadic tribes to enter…
I am a retired professor of History and International Political Economy. Unraveling knotted masses of string was a relaxing, enjoyable activity for me while growing up. As a historian, I continue to pick apart entangled matters, particularly about capitalism as a complex system. Networks give structure to complex systems, and I find networked merchants in the modern era (ca. 1500- 1945) especially fascinating to study. Who were they? How did they create opportunities and work across borders and cultures? How did they work around adversities? How did they both perpetuate and diversify their networks? How did they link to and collaborate with one another? How do networks evolve?
Which group of merchants in Britain played an exceptionally important role in catapulting that nation to the forefront of the global economy during the 18th century and beyond? Until you have read this book, your first thought probably would not be “Germans,” but it was. How did they do that? Through networking, of course.
I like this book because the author has brushed away the gloss-over of time to reveal how a group that was a statistical minority in Britain (migrant German merchants) made a big impact on their host society—and the world at large.
The "forgotten majority" of German merchants in London between the end of the Hanseatic League and the end of the Napoleonic Wars became the largest mercantile Christian immigrant group in the eighteenth century. Using previously neglected and little used evidence, this book assesses the causes of their migration, the establishment of their businesses in the capital, and the global reach of the enterprises. As the acquisition of British nationality was the admission ticket to Britain's commercial empire, it investigates the commercial function of British naturalization policy in the early modern period, while also considering the risks of failure and chance…
I’ve spent more than a decade exploring the historic roots of Asia’s modern political problems – and discovering the accidents and mistakes that got us where we are today. I spent 22 years with BBC News, including a year in Vietnam and another in Myanmar. I’ve written four books on East and Southeast Asia and I’m an Associate Fellow with the Asia-Pacific Programme at the London-based thinktank, Chatham House. I love breaking down old stereotypes and showing readers that the past is much more interesting than a series of clichés about ‘us’ and ‘them’. Perhaps through that, we can recognise that our future depends on collaboration and cooperation.
This is a jewel of a book. It takes a strange coincidence and weaves it into a wonderful tale of world history. It explores the lives of three Scotsmen, all called George Smith but not related, who traded in Asia during the eighteenth century, a crucial time for the development of the East India Company and ties between East and West. It really opens a window into the lives of these pioneers and brings this neglected history alive. In particular, it complicates the usual story of the East India Company by showing how it was a force for stability in trade with China and it was the ‘free traders’ taking inspiration from people like the economist Adam Smith back in London, who upset the relations and created the conditions for the nineteenth-century Opium War.
An illuminating account of global commerce in the eighteenth-century Indian Ocean world as seen through the lives of three Scottish traders
This book delves into the lives of three Scottish private traders-George Smith of Bombay, George Smith of Canton, and George Smith of Madras-and uses them as lenses through which to explore the inner workings of Britain's imperial expansion and global network of trade, revealing how an unstable credit system and a financial crisis ultimately led to greater British intervention in India and China.
As Professor of History and Global Asian Studies and Director of the Engaged Humanities Institute at the University of Illinois at Chicago, I'm interested in intersections at the margins between cultural systems. I first became drawn to Chinese history after visiting the country in 1982 and returned to teach English there before undertaking graduate studies. My work on eighteenth-century China focuses on ethnography and cartography as tools of empire building during its period of growth and expansion. My current project, Bridging Worlds: Reflections on a Journey, chronicles a quest for personal integration when obtaining an education has too often become predicated on the ability to cut oneself off from aspects of one’s own inner knowing and lived experience.
In The Confusions of PleasureTimothy Brook captures the consternation of a local official as he witnesses the cultural and economic changes wrought by the rise of private wealth in the late Ming, (c. 1600). Unable to raise adequate revenue or to adapt the conservative agrarian foundations of its legitimacy to changing times, the Ming eventually collapses from within, unable to protect itself from marauding bands led by a disgruntled former government post station worker and subsequent invasion by a foreign force. Yet, those who are able to adapt to changing times survive. The resonances for our own day are multiple and apt.
The Ming dynasty was the last great Chinese dynasty before the Manchu conquest in 1644. During that time, China, not Europe, was the center of the world: the European voyages of exploration were searching not just for new lands but also for new trade routes to the Far East. In this book, Timothy Brook eloquently narrates the changing landscape of life over the three centuries of the Ming (1368-1644), when China was transformed from a closely administered agrarian realm into a place of commercial profits and intense competition for status. "The Confusions of Pleasure" marks a significant departure from the…
