Charles Kindleberger's World Economic Primacy: 1500-1990 is a work of rare ambition and scope from one of our most respected economic historians. Extending over broad ranges of both history and geography, the work considers what it is that enables countries to achieve, at some period in their history, economic superiority over other countries, and what it is that makes them decline.
Kindleberger begins with the Italian city-states in the fourteenth century, and traces the changing evolution of world economic primacy as it moves to Portugal and Spain, to the Low countries, to Great...