Jan de Vries, The Limits of Globalization in the Early Modern World
Notes on Jan de Vries's early globalization seminar:
Period: 1500-1800:
- Soft vs hard globaization
- Boom in trade volume? Price convergence? Monopoly political limits
to trade?- What set the limits? Asian supply? European demand? Transaction costs?
50000 tons of Asian commodities a year arriving in W. Europe in 1800. 5000 tons in 1600... Asian goods value? 1lb. at wholesale: 1 shilling per pound. Two percent of annual craftsman income...
16th c spices, 17th c textiles, 18th c teas...
New World trade in 1800: 6% of western European consumption...
Pepper price convergence by 1700... No apparent textile convergence... No apparent tea convergence...
