A Splendid Exchange: How Trade Has Shaped the World from Prehistory to the Present

A Splendid Exchange: How Trade Has Shaped the World from Prehistory to the Present book cover

A Splendid Exchange: How Trade Has Shaped the World from Prehistory to the Present

Author(s): William Bernstein (Author)

  • Publisher: Atlantic Books
  • Publication Date: 1 July 2008
  • Edition: First Edition
  • Language: English
  • Print length: 468 pages
  • ISBN-10: 184354668X
  • ISBN-13: 9781843546689

Book Description

For anyone who loved Jared Diamond’s Guns, Germs and Steel comes this vividly written, brilliantly original history of trade, the first for a generation.Few historical enquiries tell us as much about the world we live in today as the search for the origins of world trade. As Adam Smith observed, man has an intrinsic ‘propensity to truck, barter and exchange one thing for another.’ From the dawn of recorded history there has been vigorous long-distance commerce. Archaeologists have even found evidence of the prehistoric conveyance over long distances of strategic materials such as obsidian and stone tools. To demonstrate how profoundly trade influences our lives try to imagine Italian cuisine without the tomato, or a cafe anywhere in the world beyond coffee’s birthplace in Yemen.”A Splendid Exchange” sets out to establish just what drove early man to trade and to examine its profound influence on the world we know today. William Bernstein goes on to suggest that an analysis of one of the globe’s most ancient forms of communication might teach us about how to avoid seemingly new anxieties about globalisation and the flattening of the world. “A Splendid Exchange” challenges assumptions on both sides of the great ideological divide over free trade.

Editorial Reviews

Review

A highly entertaining read. Bernstein’s enthusiasm for his subject and impressive organisation of a wealth of material enable him to plot with pace and verve a largely chronological account of man’s trading history. — Financial Times

A timely and readable reminder that the desire to trade is not only one of the oldest human instincts but also the cause of many of the most important developments in our shared history. — The Economist

Review

A highly entertaining read. Bernstein’s enthusiasm for his subject and impressive organisation of a wealth of material enable him to plot with pace and verve a largely chronological account of man’s trading history.

From the Publisher

SHORTLISTED FOR THE FINANCIAL TIMES / GOLDMAN SACHS BUSINESS BOOK OF THE YEAR AWARD 2008

About the Author

William J. Bernstein is an American financial theorist, known for pioneering research in the field of Modern Portfolio Theory. He has published three books including The Birth of Plenty, which was published in 2004 to critical acclaim.

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