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Dan, Dan, Dan:
:-) You need to read the book
How the Scots Invented the Modern World: The True Story of How Western Europe's Poorest Nation Created Our World & Everything in It by Arthur Herman. You need to see the Scottish influence on the "Brits" to understand what was really driving economic and political globalization during this time. Of course Lothian is a Scottish name, but I have some English blood as well. :-)
Also, there is a book called
The Mind and the Market: Capitalism in Modern European Thought -- Jerry Z. Muller
This explains the markets from a European perspective through time and was one of the best books I have ever read. I think it is relevant enough for out times due to the moves by European futures exchanges into the U.S. that I gave it to the CEO of the CBOT to read. This deals with globalization from the beginning of time and how that was fought through the ages.
Regards,
John J. Lothian
Disclosure: Futures trading involves financial risk, lots of it!
In a message dated 7/23/03 9:10:17 AM Central Daylight Time, TheGonch@xxxxxxxxxxx writes:
An historical note: the Brits, the drivers of economic globalization in the second half of the 19th century, were saying the same thing until disabused of the notion by the collapse of global trade after WWI.
Regards
DanG
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