Cause and effect: ancient trade and development - The Dismal Science
Paul Walker • Sep 26, 2013 •
In a previous post on the history of globalisation I quoted from Elhanan Helpman's book Understanding Global Trade. With regard to long-distance trade Helpman noted just how ancient trade is, While long-distance trade plays an essential role in modern economies, it was also a salient feature of economic development after the Neolithic Revolution, as hunter-gatherers evolved into sedentary … Read More