
A Splendid Exchange
How Trade Shaped the World
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Narrated by:
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Mel Foster
About this listen
In A Splendid Exchange, William J. Bernstein tells the extraordinary story of global commerce from its prehistoric origins to the myriad controversies surrounding it today. He transports listeners from ancient sailing ships that brought the silk trade from China to Rome in the second century to the rise and fall of the Portuguese monopoly in spices in the 16th; from the rush for sugar that brought the British to Jamaica in 1655 to the American trade battles of the early 20th century; from key innovations such as steam, steel, and refrigeration to the modern era of televisions from Taiwan, lettuce from Mexico, and T-shirts from China.
Along the way, Bernstein examines how our age-old dependency on trade has contributed to our planet's agricultural bounty, stimulated intellectual progress, and made us both prosperous and vulnerable. Although the impulse to trade often takes a backseat to xenophobia and war, Bernstein concludes that trade is ultimately a force for good among nations, and he argues that societies are far more successful and stable when they are involved in vigorous trade with their neighbors.
Lively, authoritative, and astonishing in scope, A Splendid Exchange is a riveting narrative that views trade and globalization not in political terms, but rather as an evolutionary process as old as war and religion - a historical constant - that will continue to foster the growth of intellectual capital, shrink the world, and propel the trajectory of the human species.
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Critic reviews
"Bernstein has given us a master's insights into the past to help us understand an issue of deep divisions in the present age." (Sara Bongiorni, author of A Year without 'Made in China')
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It is commonly believed that the Great Depression that began in 1929 resulted from a confluence of events beyond any one person's or government's control. In fact, as Liaquat Ahamed reveals, it was the decisions made by a small number of central bankers that were the primary cause of the economic meltdown, the effects of which set the stage for World War II and reverberated for decades.
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interesting insight into interwar period!
- By Toru on 11-27-09
By: Liaquat Ahamed
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The Roman Empire and the Silk Routes
- The Ancient World Economy and the Empires of Parthia, Central Asia and Han China
- By: Raoul McLaughlin
- Narrated by: James Cameron Stewart
- Length: 14 hrs and 21 mins
- Unabridged
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The Roman Empire and the Silk Routes investigates the trade routes between Rome and the powerful empires of inner Asia, including the Parthian regime which ruled ancient Persia (Iran). It explores Roman dealings with the Kushan Empire which seized power in Bactria (Afghanistan) and laid claim to the Indus Kingdoms. Further chapters examine the development of Palmyra as a leading caravan city on the edge of Roman Syria and consider trade ventures through the Tarim territories that led Roman merchants to Han China.
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An arduous trek through Eurasia
- By Eternl Rayne on 12-27-19
By: Raoul McLaughlin
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Energy and Civilization
- A History
- By: Vaclav Smil
- Narrated by: David Colacci
- Length: 20 hrs and 9 mins
- Unabridged
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In this monumental history, Vaclav Smil provides a comprehensive account of how energy has shaped society, from pre-agricultural foraging societies through today's fossil fuel-driven civilization and offers listeners a magisterial overview of humanity's energy eras.
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Not a good format for this book
- By C. Hoogeboom on 05-19-18
By: Vaclav Smil
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The Wealth and Poverty of Nations
- Why Some Are So Rich and Some So Poor
- By: David S. Landes
- Narrated by: Walter Dixon
- Length: 21 hrs and 47 mins
- Unabridged
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The Wealth and Poverty of Nations is David S. Landes' acclaimed, best-selling exploration of one of the most contentious and hotly debated questions of our time: Why do some nations achieve economic success while others remain mired in poverty? The answer, as Landes definitively illustrates, is a complex interplay of cultural mores and historical circumstance.
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A detailed explanation
- By Kaarlis on 12-07-21
By: David S. Landes
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The Wealth of a Nation
- A History of Trade Politics in America
- By: C. Donald Johnson
- Narrated by: David Stifel
- Length: 27 hrs and 6 mins
- Unabridged
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Ambassador C. Donald Johnson's The Wealth of a Nation is an authoritative history of the politics of trade in America from the Revolution to the Trump era.
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Good, but Doug Irwin's Book Is Better
- By Ryan Young on 08-08-19
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I'm Staying with My Boys
- The Heroic Life of Sgt. John Basilone, USMC
- By: Jim Proser, Jerry Cutter
- Narrated by: Joe Barrett
- Length: 9 hrs and 40 mins
- Unabridged
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I'm Staying with My Boys is a firsthand look inside the life of one of the greatest heroes of the Greatest Generation. Sgt. John Basilone held off 3000 Japanese troops at Guadalcanal after his 15-member unit was reduced to three men. At Iwo Jima he single-handedly destroyed an enemy blockhouse, allowing his unit to capture an airfield. Minutes later he was killed by an enemy artillery round. He was the only Marine in World War II to have received the Medal of Honor, the Navy Cross, and a Purple Heart.
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Devil Dogs!
- By Skip Drake on 10-25-18
By: Jim Proser, and others
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A Short History of Financial Euphoria
- By: John Kenneth Galbraith
- Narrated by: Liam Gerrard
- Length: 2 hrs and 8 mins
- Unabridged
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With incomparable wisdom, skill, and wit, world-renowned economist John Kenneth Galbraith traces the history of the major speculative episodes in our economy over the last three centuries. Exposing the ways in which normally sane people display reckless behavior in pursuit of profit, Galbraith asserts that our "notoriously short" financial memory is what creates the conditions for market collapse. By recognizing these signs and understanding what causes them we can guard against future recessions and have a better hold on our country's (and our own) financial destiny.
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Good
- By SEB24 on 11-12-24
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How Asia Works
- Success and Failure in the World's Most Dynamic Region
- By: Joe Studwell
- Narrated by: Nigel Patterson
- Length: 11 hrs and 46 mins
- Unabridged
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In How Asia Works, Joe Studwell distills extensive research into the economics of nine countries - Japan, South Korea, Taiwan, Indonesia, Malaysia, Thailand, the Philippines, Vietnam, and China - into an accessible narrative that debunks Western misconceptions, shows what really happened in Asia and why, and for once makes clear why some countries have boomed while others have languished.
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The best economic development book I’ve ever seen
- By Jay on 02-17-20
By: Joe Studwell
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The Birth of Plenty
- How the Prosperity of the Modern World Was Created
- By: William Bernstein
- Narrated by: Grover Gardner
- Length: 4 hrs and 42 mins
- Unabridged
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Based upon the premise that mankind experienced virtually zero economic growth from the dawn of time until 1820, this provocative, big-picture book identifies the four conditions necessary for sustained economic progress - property rights, scientific rationalism, capital markets, and communications and transportation technology - and then analyzes their gradual appearance and impact throughout every corner of the globe.
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The audible version is incomplete.
- By Amazon Customer on 01-12-24
What listeners say about A Splendid Exchange
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- Anonymous User
- 06-18-12
Narrator sounds like a computer generated voice
Is there anything you would change about this book?
It is a shame that such a well written book is read by such an awful narrator. It sounds like this book is read by a computer generated voice with unexplained pauses and lack of emotion.
Would you be willing to try another one of Mel Foster’s performances?
No
Could you see A Splendid Exchange being made into a movie or a TV series? Who should the stars be?
Very information book but not movie material.
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2 people found this helpful
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- Lemonia
- 10-21-13
Very interesting information but.....
Any additional comments?
..... not given in the most compelling manner. The authurs could have spiced it up a little bit and the narraction could have been of higher dramatic quality, but overall I recommend this audiobook to the layman interested in world history and to those who believe that wars are fought for anything except money.
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1 person found this helpful
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- Alex
- 07-20-08
Five stars for text, Two stars for narration
The book is very interesting. It adds a new dimension to history, making it very personal and believable. As for the narration, the reader is frequently so mechanical that it sounds like it could be computer speech. Very disappointing.
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9 people found this helpful
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- Xiao Lu
- 11-27-22
Extremely thought provoking
This book is eye opening and answered many questions that every educated person should understand: why free trade is the best option we have and how to handle the side effects correctly
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- Marcelo Prieto
- 07-09-18
Awesome!
Fantastic book. You get a very clear view of how trade had influenced history. Very refreshing way to see history, separated from kings and wars. The perspective it offers about commerce and trade in the Indian Ocean is eye opening, particularly for those used to an eurocentric view of the world
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- Melissa
- 06-06-18
Not his best, but interesting
I found all the parallels through time interesting. There are definitely parts that drag. I also was disappointed that after all the minutia of the 15-1600s, he completely skipped NAFTA, which still has a huge impact today.
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- Joshua Kim
- 06-10-12
Splendid
Wonderful, sweeping economic history of the world by one of my favorite writers (Bernstein also wrote "The Birth of Plenty"). These "big" history and "big" thought books are a great antidote to the short time frames and disposable knowledge of our blogging and information overload world. Helps to have a long-term framework to understand our own material lives. Excellent counterpart to Friedman's The World is Flat.
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13 people found this helpful
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- A M
- 11-02-18
Very good economic history book
Really liked how William mixed history with economic forces. I read his other book birth of plenty which actually led me to this book. Really enjoyed it. Great further reading topics too. There are so many economic theories out there and it's important to gather different schools of thoughts. I thought I knew economics but in reality I only know the basics. Two references stood out for me Hernando de Soto and David Ricardo I'll be reading further on these two gents to understand the new world we are entering.
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- Robert
- 05-10-15
A little like a college lecture on econ history
What did you like best about A Splendid Exchange? What did you like least?
The section on the ancient Silk Road is interesting. I'm
not sure a book like this lends itself to Audible.
Who was your favorite character and why?
The traders who brought silk, narcotics, spices and other valuables
from the Orient to Europe thru the centuries.
How did the narrator detract from the book?
He drones - little enthusiasm.
Was A Splendid Exchange worth the listening time?
If you are already interested in the area - yes.
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2 people found this helpful
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- Prateek Basu
- 01-14-19
Long but worth staying engaged
Today trade attracts a range of strong and conflicting opinions. This book will help place some of those opinions in a useful historical context, providing the lesson that Mankind has been here many times before. I recommend this book as a great history - it covers much more than only trade, and is a relevant read for the times we live in. A good place to start if you're wondering about the trading systems and issues making the news. The cons: this audio book is long and you need to stay engaged (if you're a commuter - this book will take a long time to finish) and the narrator could have brought more to the performance.
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