Economic History

The Power of the WTO

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In 1776, Adam Smith earned the moniker, “the father of economics”, upon the publication of his book, The Wealth of Nations.  This was the first comprehensive work on economics ever…

China: Friend or Foe?

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Since the end of Second World War, the United States has been the leading military and economic power not just in the Americas, but in the world.  This status is…

The Persian Royal Roads

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In the fifth century BCE, communication between the rulers of the Persian Empire and the regions they governed was very important. People needed to know the laws of their king and how…