Description: Spain's new colonial empire endowed Europe's rising monarchy with an unprecedented economic windfall. In this episode, we find out how silver and other goods extracted from the Americas made the first truly worldwide economy possible at the cost of Spain's prosperity and long-term stability. #podcast #history #economics #colonialism #capitalism @histodons@econhist
"This article presented empirical evidence for a statistically significant relationship between being part of the Roman Empire about 1700 years ago and current regional disparities in terms of quantity and quality of entrepreneurial activity, as well as innovation."
"This article presented empirical evidence for a statistically significant relationship between being part of the Roman Empire about 1700 years ago and current regional disparities in terms of quantity and quality of entrepreneurial activity, as well as innovation."
"This article presented empirical evidence for a statistically significant relationship between being part of the Roman Empire about 1700 years ago and current regional disparities in terms of quantity and quality of entrepreneurial activity, as well as innovation."
"This article presented empirical evidence for a statistically significant relationship between being part of the Roman Empire about 1700 years ago and current regional disparities in terms of quantity and quality of entrepreneurial activity, as well as innovation."
"The following review of the archeological and document evidence indicates that three events occurring in the first half of the first millennium BC trigger the emergence of a specialized and integrated classical economy after 500 BC: (i) growth in demand for silver as a medium of exchange in economies in the Near East; (ii) technical breakthroughs in hull construction and sailing rig in merchant shipping of the late Bronze Age; (iii) perfection of ferrous metallurgy into the European hinterland."
"We have documented more than 200 relative values of gold and silver across almost 3000 years (2500 bce–400 ce) to establish value benchmarks for essentially pure metal. Our aim is to improve understanding of ancient economies by enabling regional and temporal comparisons of these relative values."