Showing results for "New Media" in Economic History

In The New Road to Serfdom, British conservative Daniel Hannan argues forcefully and passionately that Americans must not allow Barack Obama to take us down the road to EU-style social democracy. Instead, he pleads with Americans not to abandon the founding principles that made their country a beacon of liberty for the rest of the world.

The Great Recession, institutional dysfunction, a growing divide between urban and rural prospects, and failed efforts to effectively address immigration have paved the way for a populist backlash that disrupts the postwar bargain between political elites and citizens. Whether today's populism represents a corrective to unfair and obsolete policies or a threat to liberal democracy remains up for debate. To respond to today's crisis, good leaders must strive for inclusive economic growth while addressing social and cultural issues, including demographic anxiety, with frank attention.

This revelatory account of the ways silver shaped Chinese history shows how an obsession with “white metal” held China back from financial modernization. First used as currency during the Song dynasty in around 900 CE, silver gradually became central to China’s economic framework and was officially monetized in the middle of the Ming dynasty during the 16th century. However, due to the early adoption of paper money in China, silver was not formed into coins but became a cumbersome “weighing currency”....

What accounts for the rise of the state, the creation of the first global system, and the dominance of the West? The conventional answer asserts that superior technology, tactics, and institutions forged by Darwinian military competition gave Europeans a decisive advantage in war from 1500 onward. Empires of the Weak argues that Europeans had no general military superiority in the early modern era. Sharman shows instead that European expansion is better explained by deference to strong Asian and African polities, disease in the Americas, and maritime supremacy earned by default.

Silicon Valley is imperializing the planet. With nearly bottomless supplies of cash and ambition, a small group of companies have been gradually seizing symbolic and practical civic leadership in America and worldwide. But Silicon Valley does not answer to the electorate; nor have they been voted into office. And the perils of their influence are only now making themselves known.