Trade History

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.

On May 6, 2010, financial markets around the world tumbled simultaneously and without warning. In the span of five minutes, a trillion dollars of valuation was lost. The Flash Crash, as it became known, represented the fastest drop in market history. When share values rebounded less than half an hour later, experts around the globe were left perplexed. A real-life financial thriller, Flash Crash uncovers the remarkable, behind-the-scenes narrative of a mystifying market crash, a globe-spanning investigation into international fraud, and the man at the center of them both.

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.

The modern day city of Guangzhou is located in the mountainous region of south China. Near the Baiyun Mountains that rise from the edge of the city and the eastern banks of the Pearl River (Zhujiang), the city today covers approximately 7, 400 square kilometers. The location of the city provides it the opportunity to oversee the delta of the Pearl River, which is China’s third largest river.

The Phoenicians remain one of the most enigmatic ancient civilizations, with historians and scholars prone to speculation and educated guesses. Although many Greek, Roman, and Egyptian writers reference the Phoenicians in trade records, military battles, and artistic transactions, few records were left by the original Phoenicians themselves, leaving modern scholars to fill in the blanks through educated guesses and material culture.

"The deck, that is the floor of their rooms, was so covered with the blood and mucus which had proceeded from them in consequence of the flux, that it resembled a slaughter-house. It is not in the power of the human imagination to picture a situation more dreadful or disgusting. Numbers of the slaves having fainted, they were carried upon deck where several of them died and the rest with great difficulty were restored. It had nearly proved fatal to me also." - Dr. Alexander Falconbridge, an 18th century British surgeon

The empires of the ancient Sumerians, Akkadians, Greeks, Romans, and Chinese were underpinned by slavery, where one person could be owned by another, and their obedience and labor were forced by the threat of violence or even death. Some of these people were prisoners captured during wars, some were sold into slavery to pay debts, while others were born into slavery. In many ancient empires, slaves accounted for anything from one-third to half of the total population.

THERE was a lot of adventure to be had in Alaska in the early twentieth century, and Hardy Trefzger tasted it all . . . hunting, fishing, prospecting, guiding, trading, trapping ... He even had a blue-fox farm for a while. Hardy Trefzger was born in the Black Forest of Germany to Swiss parents and received much of his education in Switzerland. While still in his youth, he migrated to the United States, where he established a small interior-decorating business. After two years in New York City, he headed west to Seattle, where all the talk was of the fabulous gold strikes in the North. He ...

When Tara Roberts first caught sight of a photograph at the Smithsonian’s National Museum of African American History depicting the underwater archaeology group Diving With a Purpose, it called out to her. Here were Black women and men strapping on masks, fins, and tanks to explore Atlantic Ocean waters along the coastlines of Africa, North America, and Central America, seeking the wrecks of slave ships long lost in time. Inspired, Roberts joined them—and started on a path of discovery more challenging and personal than she could ever have imagined.

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 a work that fundamentally recasts the history of colonial America, Wendy Warren shows how the institution of slavery was inexorably linked with the first century of English colonization of New England. While most histories of slavery in early America confine themselves to the Southern colonies and the Caribbean, New England Bound forcefully widens the historical aperture to include the entirety of English North America.

Burning Country explores the complicated reality of life in present-day Syria with unprecedented detail and sophistication, drawing on new first-hand testimonies from opposition fighters, exiles lost in an archipelago of refugee camps, and courageous human rights activists. Yassin-Kassab and Al-Shami expertly interweave these stories with an incisive analysis of the militarization of the uprising, the rise of the Islamists and sectarian warfare, and the role of Syria’s government in exacerbating the brutalization of the conflict.

From the writers behind the acclaimed documentary series Enslaved, starring Samuel L. Jackson, comes a rich and revealing narrative of the true global and human scope of the transatlantic slave trade. The trade existed for 400 years, during which twelve million people were trafficked and two million would die en route. In these book, we meet the remarkable group Diving with a Purpose (DWP) as they dive for sunken slave ships all around the world.

After the Englishman Henry Hudson, under the aegis of the Dutch East India Company, sailed by Manhattan in 1609, he returned home with good news and bad news. Like the other explorers before him, he hadn't been able to find a water route to the Orient. He had, however, returned with maps and beaver pelts. With that, it became clear that the region around the bay was a promising new territory for trade and settlement, which would become a bone of contention between the Dutch and the English for the rest of the century.

Once in Golconda is a dramatic chronicle of the breathtaking rise, devastating fall, and painstaking rebirth of Wall Street in the years between the wars. Focusing on the lives and fortunes of some of the era's most memorable traders, bankers, boosters, and frauds, John Brooks brings to vivid life all the ruthlessness, greed, and reckless euphoria of the '20s bull market, the desperation of the days leading up to the crash of '29, and the bitterness of the years that followed.

From the early 19th century, the image of an American empire extending to both coasts became a rallying cry. The Pacific Ocean represented, in Jefferson's mind, the most effective western border. His view was in part inaccurate, as he expected the Rocky Mountains to resemble the gentler Appalachians, not a range of American Alps.

This is the story of silver's transformation from soft money during the 19th century to hard asset today, and how manipulations of the white metal by American president Franklin D. Roosevelt during the 1930s and by the richest man in the world, Texas oil baron Nelson Bunker Hunt, during the 1970s altered the course of American and world history. FDR pumped up the price of silver to help jump start the US economy during the Great Depression, but this move weakened China, which was then on the silver standard, and facilitated Japan's rise to power before World War II.

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.

During the eighteenth century, Britain's slave trade exploded in size. Formerly a small and geographically constricted business, the trade had, by the eve of the American Revolution, grown into a transatlantic system through which fifty thousand men, women, and children were enslaved every year.

In the grand scheme of things, very little is known of Mansa Musa’s life. We know that he was one of the greatest emperors of the Mali Empire. And we know that he was actually one of the richest men of all time due to the enormous gold deposits in West Africa that were under his dominion, but large parts of Mansa Musa’s life remain a mystery.