“It is impossible to trade without waging war, it is impossible to wage war without trading.”
As critics noted, this well-known phrase is a kind of quintessence of William Bernstein’s book devoted to one of the most interesting topics—the history of world trade.
It began in the 3rd millennium BC, when the Sumerians first started paying for goods with silver—and it continues to this day.
“Cheat not—sell not” is the ancient motto of traders. But sometimes trading interests wrought miracles: they opened new lands and continents, helped conquer and destroy empires, and built bridges between peoples and civilizations.
So what is this amazing story of the Great Exchange like in reality?..