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date: 22 October 2020

Abstract and Keywords

This article builds on the sweeping perspective of the past millennium in the book Power and Plenty. Going back and forth between history and theory—specifically, an economic model of the empire and one of trade in the presence of insecurity—it illustrates the central role played by power and conflict, and suggests that trade cannot be separated from power considerations. The article also shows that economic theory and history can usefully be applied to the unified treatment of war, trade, and natural resources in relation to them.

Keywords: Power and Plenty, empire model, insecurity, conflict, economic theory

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