Ronald Findlay

Kevin H. O'Rourke

Kevin O'Rourke

International trade has shaped the modern world. This book examines the successive waves of globalization and 'deglobalization' that have occurred during the past thousand years, looking at the technological and political causes behind these long-term trends.

Trade, War, and the World Economy in the Second Millennium

Power and Plenty

Stanislaw Wellisz

Mauritius, a multiethnic society, has turned to manufactured exports and tourism as an alternative to reliance on sugar production. Malta overcame the shock of losing a British naval base and has grown rapidly.

Five Small Open Economies

Bagpipes and Blood is set in the Highlands of Scotland and is a sequel to the novel Ghosts in the Wood. Stuart Brodie and Ryan Jones have now formed an alliance. Ryan Jones is asked by D.I Ian Brady to come out of retirement to investigate a very mysterious case. The intrepid Ryan Jones with the help of Stuart Brodie sets about trying to solve the murders which took place fifty years ago. There are, however, sinister and very dangerous people who have an interest in the case. These people have no morals whatsoever, and no mercy for anyone that gets in their way. As Ryan and Stuart dig deeper into the past things start becoming very ugly, and innocent people begin to suffer. Tensions rise and friendships are put to the test. There is gruesome scenes and moments of sadness keeping the reader engrossed and intrigued right to the very end.

Bagpipes and Blood

Professor Research Advisor Lars Jonung

Lars Jonung

Ragnar Nurkse Professor of Economics Ronald Findlay

Mats Lundahl

Bertil Ohlin, international trade theorist, winner of the 1977 Nobel Prize in Economics, and leader of the Swedish Liberal Party for more than twenty years, is considered to be the major single influence on the development of international economics in the twentieth century. This volume, celebrating the centennial of Ohlin's birth, examines his life and his influence on modern economic thought. It also contains the first English translation of his licentiate thesis, in which he first set out his theory of international trade.

A Centennial Celebration, 1899-1999

Bertil Ohlin

Eli Heckscher (1879-1952) is celebrated for his contributions to international trade theory, particularly the factor proportions theory of comparative advantage in international trade known as the Heckscher-Ohlin theory. His work in both economic theory and economic history is notable for combining theoretical insights with a profound knowledge of economic history and the history of economic thought. In this volume, leading international economists assess the importance of Heckscher's work and its relevance to the contemporary practice of economic history.The contributors first discuss Heckscher's efforts to forge the discipline of economic history by combining both the historian's careful evaluation of sources and the economist's rigorous models. The Heckscher-Ohlin theory of factor proportions is described and tested empirically. Contributors then apply the theory to historical material, including Mediterranean trade in Biblical times, the economic effects of two periods of plague eight centuries apart, and tariff policy in 35 countries from 1870 to 1938. Heckscher's masterly work on mercantilism, the Continental Blockade, and Swedish economic history is also described and appraised in light of recent historical research.Contributors:Benny Carlson, François Crouzet, Lance E. Davis, Stanley L. Engerman, Ronald Findlay, Harry Flam, Rolf G. H. Henriksson, Eva, Einar, Ivar, and Sten Heckscher, Douglas A. Irwin, Ronald W. Jones, Deepak Lal, Håkan Lindgren, Mats Lundahl, Lars Magnusson, Joel Mokyr, Mats Morell, Patrick O'Brien, Kevin H. O'Rourke, Bo Sandelin, Lennart Schön, Johan Söderberg, Peter Temin, Jeffrey G. Williamson

Eli Heckscher, International Trade, and Economic History

International trade has shaped the modern world, yet until now no single book has been available for both economists and general readers that traces the history of the international economy from its earliest beginnings to the present day. Power and Plenty fills this gap, providing the first full account of world trade and development over the course of the last millennium. 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. Power and Plenty is a must-read for anyone seeking to understand the origins of today's international economy, the forces that continue to shape it, and the economic and political challenges confronting policymakers in the twenty-first century.

Ronald Findlay

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