No one has more authority to call the shots the way they really are than Paul Krugman, whose provocative New York Times columns are keenly followed by millions. One of the world's most respected economists, Krugman has been named America's most important columnist by the Washington Monthly and columnist of the year by Editor and Publisher magazine. In this long-awaited work containing Krugman's most influential columns along with new commentary, he chronicles how the boom economy unraveled: how exuberance gave way to pessimism, how the age of corporate heroes gave way to corporate scandals, how fiscal responsibility collapsed. From his account of the secret history of the California energy crisis to his devastating dissections of dishonesty in the Bush administration, Krugman tells the uncomfortable truth about how the United States lost its way. And he gives us the road map we will need to follow if we are to get the country back on track.

The external economy of British North America has attracted considerable scholarly attention in the last two generations, and the papers reprinted here, in this second collection from Jacob Price, make important contributions to quantification, conceptualisation and debate. Studies presenting and analysing new statistical material from the English and Scottish customs accounts are supplemented by a general survey of the transatlantic economy in the 18th century which is required reading for all students of the subject. Price's treatment is diversified into financial arrangements and the role of credit in the slave trade and plantation economies. In a provocative chapter "Who cared about the colonies?," concern in Britain for the 13 colonies between 1714 and 1775 is explored in terms of the ability of the colonies to involve the interests and command the attention and concern of people in Britain from the politically eminent to those in trade and to the nation at large.

In the twenty-first century, globalization poses major challenges to the key players in U.S. domestic politics--challenges similar to many that Americans have faced from abroad since the nation's founding. But it is only in recent decades that links have been drawn between the study of American political development and international relations; even now, emphasis falls primarily on how domestic politics affects the world arena. This book redresses the imbalance. Ten leading scholars explore how, over the past two centuries, the changing positions of the United States in the world economy and in the international political order have shaped U.S. political institutions and domestic politics. Ira Katznelson, Aristide R. Zolberg, and Robert O. Keohane demonstrate the central role that efforts to contend with foreign military and economic competition played in forming the major institutions of U.S. government from the framing of the Constitution through the Civil War. Martin Shefter, Theda Skocpol (writing with Ziad Munson, Andrew Karch, and Bayliss Camp), Ronald Rogowski, and Judith Goldstein show how the nation's political institutions were transformed by problems of war and trade the U.S. subsequently faced. Aaron L. Friedberg, Bartholomew H. Sparrow, and Peter A. Gourevitch conclude the volume by analyzing how international conflicts during and after the Cold War influenced governmental institutions and domestic politics in the United States over the past fifty years. Shaped by War and Trade sets the agenda for further exploration of a topic whose discussion is long overdue.

Text: English, German (translation)

Of all the activities of the most neglected century in English History, England's trade has received the least attention in proportion to its importance. It was obviously in the course of the later Middle Ages, and more particularly in the fifteenth century, that there took place the great transformation from medieval England, isolated and intensely local, to the England of the Tudor and Stuart age, with its world-wide connections and imperial designs. It was during the same period that most of the forms of international trade characteristic of the Middle Ages were replaced by new methods of commercial organization and regulation, national in scope and at times definitely nationalistic in object, and that a marked movement towards capitalist methods and principles took place in the sphere of domestic trade. Yet little has been written concerning English trade in this period. First published in 1933, this classic volume goes a long way to fills this gap superbly. There is an abundance of material, and the writers have compiled a statistical analysis of the Enrolled Customs Account from 1377-1482, which provides an essential measure of the nature, volume, and movement of English foreign commerce during the period.

" After centuries of virtual isolation, during which time international sea travel was forbidden outside of Japan's immediate fishing shores, Japanese shogunal authorities in 1862 made the unprecedented decision to launch an official delegation to China by sea. Concerned by the fast-changing global environment, they had witnessed the ever-increasing number of incursions into Asia by European powers-not the least of which was Commodore Perry's arrival in Japan in 1853-54 and the forced opening of a handful of Japanese ports at the end of the decade. The Japanese reasoned that it was only a matter of time before they too encountered the same unfortunate fate as China; their hope was to learn from the Chinese experience and to keep foreign powers at bay. They dispatched the Senzaimaru to Shanghai with the purpose of investigating contemporary conditions of trade and diplomacy in the international city. Japanese from varied domains, as well as shogunal officials, Nagasaki merchants, and an assortment of deck hands, made the voyage along with a British crew, spending a total of ten weeks observing and interacting with the Chinese and with a handful of Westerners. Roughly a dozen Japanese narratives of the voyage were produced at the time, recounting personal impressions and experiences in Shanghai. The Japanese emissaries had the distinct advantage of being able to communicate with their Chinese hosts by means of the "brush conversation" (written exchanges in literary Chinese). For their part, the Chinese authorities also created a paper trail of reports and memorials concerning the Japanese visitors, which worked its way up and down the bureaucratic chain of command. This was the first official meeting of Chinese and Japanese in several centuries. Although the Chinese authorities agreed to few of the Japanese requests for trade relations and a consulate, nine years later China and Japan would sign the first bilateral treaty of amity in their history, a completely equal treaty. East Asia-and the diplomatic and trade relations between the region's two major players in the modern era-would never be the same"--