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A Splendid Exchange

by- William J. Bernstein


A Splendid Exchange (2008) provides a holistic look at the events and developments that facilitated global free trade. It further demonstrates how the conflict between isolationism, or protectionism, and free trade existed well before the word "globalisation" was coined. History demonstrates how normal and positive commerce between nations can be, but it still illustrates its grim and threatening side.

William J. Bernstein is a former neurologist best known for his influential writing on new investing methods and financial history. His books include The Birth of Plenty: How the Prosperity of the Modern World Was Created and The Four Pillars of Investing.
  • Historians and economists
  • People who are interested in the origins of globalisation
  • Proponents of the free market and trade protectionists