Power and Plenty: Trade, War, and the World Economy in the Second Millennium
A book talk with author RONALD FINDLAY, Columbia University, Economics, and discussant ROBERT BRENNER, UCLA, History.
Published: Monday, December 01, 2008
In Power and Plenty, Ronald Findlay and Kevin O'Rourke examine the successive waves of globalization and "deglobalization" 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 has 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 the 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.
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.
For more information about the book, please visit: press.princeton.edu/titles/8493.html