Trade History

Chronicling the rise and fall of the efficient market theory and the century-long making of the modern financial industry, Justin Fox’s The Myth of the Rational Market is as much an intellectual whodunit as a cultural history of the perils and possibilities of risk. The book brings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of today.

In The Age of Intoxication, Benjamin Breen offers a window into a time when drugs were not yet separated into categories - illicit and licit, recreational and medicinal, modern and traditional - and there was no barrier between the drug dealer and the pharmacist.

It is no exaggeration to say that venture capital has been central to the greatest legal creation of wealth anywhere and has enabled much of the world we live in, yet we know surprisingly little about this strange tribe of financiers. In The Power Law, Sebastian Mallaby turns his unprecedented access to the industry's central players into a riveting, character-driven account of venture capital and the world it has made.

Global trade is of vital interest to citizens as well as policymakers, yet it is widely misunderstood. This compact exposition of the market forces underlying international commerce addresses both of these concerned groups, as well as the needs of students and scholars. Although it contains no equations, it is almost mathematical in its elegance, precision, and power of expression. Understanding Global Trade provides a thorough explanation of what shapes the international organization of production and distribution and the resulting trade flows.

In 2008, American journalist Jere Van Dyk was kidnapped and held for 45 days. At the time, he had no idea who his kidnappers were. They demanded a ransom and the release of three of their comrades from Guantanamo, yet they hinted at their ties to Pakistan. In The Trade, Jere Van Dyk uses the sinuous path of his own kidnapping to explain the recent rise in the taking of Western hostages across the greater Middle East.

Baer goes behind the scenes to show how the U.S. willingly overlooked the corruption of the Saudi royal family, its financing of violent Islamic fundamentalist groups that spread hatred of the West throughout Saudi society, and its bribery of American officials. From a close-up with a corrupt Arab family to the inside scoop on how we helped fund the Taliban, Baer shows what's at stake in our pursuit of oil.

As World War II wound down in 1945 and the cold war heated up, the skilled trades that made up the Conference of Studio Unions (CSU) began a tumultuous strike at the major Hollywood studios. This turmoil escalated further when the studios retaliated by locking out CSU in 1946. This labor unrest unleashed a fury of Red-baiting that allowed studio moguls to crush the union and seize control of the production process, with far-reaching consequences.

The English East India Company was the mother of the modern multinational. Its trading empire encircled the globe, importing Asian luxuries such as spices, textiles, and teas. But it also conquered much of India with its private army and broke open China's markets with opium. The Company's practices shocked its contemporaries and still reverberate today.

In The Dutch Moment, Wim Klooster shows how the Dutch built and eventually lost an Atlantic empire that stretched from the homeland in the United Provinces to the Hudson River and from Brazil and the Caribbean to the African Gold Coast. The fleets and armies that fought for the Dutch in the decades-long war against Spain included numerous foreigners, largely drawn from countries in northwestern Europe. Likewise, many settlers of Dutch colonies were born in other parts of Europe or the New World.

In 2012, Steve Green, billionaire and president of Hobby Lobby, announced a purchase of a Biblical artefact—a fragment of papyrus carrying lines from Paul's letter to the Romans, and dated to the second century CE. Noted scholar Roberta Mazza was stunned. When was this piece discovered, and how could Green acquire such a rare item? The answers, which Mazza spent the next ten years uncovering, came as a shock: the fragment had come from a famous collection held at Oxford University, and its rightful owners had no idea it had been sold.

When China joined the World Trade Organization in 2001, most experts expected the WTO rules and procedures would liberalize China and make it "a responsible stakeholder in the liberal world order". But the experts made the wrong bet. China today is liberalizing neither economically nor politically but, if anything, becoming more authoritarian and mercantilist. In this book, renowned globalization and Asia expert Clyde Prestowitz describes the key challenges posed by China and the strategies America and the Free World must adopt to meet them.

In the summer of 1860, more than 50 years after the United States legally abolished the international slave trade, 110 men, women, and children from Benin and Nigeria were brought ashore in Alabama under cover of night. They were the last recorded group of Africans deported to the United States as slaves. This book reconstructs the lives of the people in West Africa, recounts their capture and passage in the slave pen in Ouidah, and describes their experience of slavery alongside American-born enslaved men and women.

The Clotilda, the last slave ship to land on American soil, docked in Mobile Bay, Alabama, in July 1860—more than half a century after the passage of a federal law banning the importation of captive Africans, and nine months before the beginning of the Civil War. The last of its survivors lived well into the twentieth century. They were the last witnesses to the final act of a terrible and significant period in world history. In this epic work, Dr. Hannah Durkin tells the stories of the Clotilda’s 110 captives, drawing on her intensive archival, historical, and sociological research.

It used to be that to diagnose an illness, interpret legal documents, analyze foreign policy, or write a newspaper article you needed a human being with specific skills - and maybe an advanced degree or two. These days, high-level tasks are increasingly being handled by algorithms that can do precise work not only with speed but also with nuance. These "bots" started with human programming and logic, but now their reach extends beyond what their creators ever expected.

What is a royal family?

From the author of Lithuanian Lullaby, a 1997 voyage to Central Europe... Newly liberated Lithuania can be an unpredictable kind of place. Some embrace the opportunities that are unfolding, but it’s difficult to thrive amongst the chaos and corruption. Jurate embarks on a trader’s adventure. She travels to markets and kiosks pitching her wares, but these are dangerous times. There’s a price to be paid for taking chances. Darius is also pitching – he wants to drive his country into the European Union, but as a government minister, his priorities are about to be challenged. Life can ...

Historian Jonathan W. White tells the riveting story of Appleton Oaksmith, a swashbuckling sea captain whose life intersected with some of the most important moments, movements, and individuals of the mid-nineteenth century, from the California Gold Rush, filibustering schemes in Nicaragua, Cuban liberation, and the Civil War and Reconstruction. Most importantly, the book depicts the extraordinary lengths the Lincoln Administration went to destroy the illegal trans-Atlantic slave trade.

No one present at the Battle of Cape Lopez off the coast of West Africa in 1722 could have known that they were on the edge of history. This obscure yet fierce naval battle would have a monumental impact on British colonies and the future of slavery in America.

In The Futures, Emily Lambert, senior writer at Forbes magazine, tells us the rich and dramatic history of the Chicago Mercantile Exchange and Chicago Board of Trade, which together comprised the original, most bustling futures market in the world. She details the emergence of the futures business as a kind of meeting place for gamblers and farmers and its subsequent transformation into a sophisticated electronic market where contracts are traded at lightning-fast speeds.

Javier Valdez ofrece un libro impactante que va del reportaje a la crónica para rescatar del silencio, de la nota roja y del olvido, a numerosas mujeres que viven entre las balas momentos cruciales de su vida. Amantes de capos, amigas de ellos o familiares, son mujeres con una verdad ardiente y dolorosa, que buscan el glamour y la hermosura, el poder económico y la huida de su realidad; mujeres que viven en el límite de la ley, la violencia y de la muerte.