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A Splendid Exchange

By William J. Bernstein

How Trade Shaped the World. Atlantic Monthly Press, 2008.

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16 mins read

14 Key insights

A Splendid Exchange

A brief summary of A Splendid Exchange

The extraordinary history of international trade, from its origins in ancient times to the globalization of today, how the means of transportation coincided with the rise and fall of empires, and why free trade requires a careful balance to be successful and just.

Key insights in A Splendid Exchange

Who should read A Splendid Exchange

Economists • advocates of free trade • proponents of protectionism • historians • manufacturers and investors • anyone interested in the origins of global trade

About the author of A Splendid Exchange

Award-winning neurologist, author, and financial theorist William Bernstein is an investment adviser and expert in global economic history with his own theory of market economics known as The Efficient Frontier. He holds both a PhD and MD and some of his other publications include The Four Pillars of Investing and The Birth of Plenty.

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William J. Bernstein

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