San Antonio College Library

Paul Bairoch deflates twenty commonly held myths about economic history. Among these myths are that free trade and population growth have historically led to periods of economic growth, and that colonial powers in the nineteenth and early twentieth centuries became rich through the exploitation of the Third World. Bairoch shows that these beliefs are based on insufficient knowledge and wrong interpretations of the history of economies of the United...

"American Midwest to Shanghai, from London to Tokyo, the 1850s was a decade of extraordinary change and upheaval: the world economy expanded fivefold; millions of families emigrated to the ends of the earth to carve out lives in the wilderness; new technologies revolutionized how people communicated; and railways cut across great continents. Steam ships, telegraphs, photographs and pharmaceuticals all proliferated. In Heyday, an epic story of global...