Quote from: Money Topic

The truth is that the free movement of goods, people, and money that developed under British hegemony between 1870 and 1913 - the first episode of globalization - was made possible, in large part, by military might rather than market forces.


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Author Bio


  • NameHa-Joon Chang
  • DescriptionEconomist
  • BornOctober 7, 1963
  • CountrySouth Korea
  • ProfessionEconomist