Celebrating humanity's flourishing through the spread of capitalism and the rule of law
20 Sep 2016 Leave a comment
in economics
Usually accounts suggest first round of globalisation started in 1870. Though, these are just the European and US accounts which ignore historic trading ties in Asia and Middle East much before trading picked up in Europe.
Anyways, Michel Fouquin and Jules Hugot take the 1870 date a little backward. They say globalisation started in 1840:
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