The most recommended books about trade

Who picked these books? Meet our 33 experts.

33 authors created a book list connected to trade, and here are their favorite trade books.
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Book cover of The World That Trade Created: Society, Culture, and the World Economy, 1400 to the Present

Francine McKenzie Author Of GATT and Global Order in the Postwar Era

From my list on why international trade is all about politics.

Why am I passionate about this?

I am a professor of history at Western University in London, Ontario, Canada. I have written about the history of international organizations, international trade, the British Commonwealth, and Canada in the world. Although these topics have taken me in different directions, I have always examined the political currents that run through them. Politics emerge in relation to ideology, policymaking, leadership, norms, values, interests, identity, international relations, and global governance. I have been especially interested in connecting economics and politics. Many scholars write about trade policies, organizations, and negotiations as though they are technical and narrowly economic when they are agents, instruments, and expressions of international politics. 

Francine's book list on why international trade is all about politics

Francine McKenzie Why did Francine love this book?

This book shows how trade has long connected people and societies all over the world, from miners in Potosi, to coffee growers in Yemen, and traders and shippers from Fujian.

Topik and Pomeranz reject a Eurocentric approach to the history of international trade and they put real people back into the story. The engaging vignettes in this collection are not primarily about politics, but they make clear why trade is political and polarizing.

The workings of international trade powerfully affected people’s lives, for better and for worse, and so people reacted strongly to trade, as committed champions and tireless opponents.

By Kenneth Pomeranz, Steven Topik,

Why should I read it?

1 author picked The World That Trade Created as one of their favorite books, and they share why you should read it.

What is this book about?

The World That Trade Created brings to life the history of trade and its actors. In a series of brief, highly readable vignettes, filled with insights and amazing facts about things we tend to take for granted, the authors uncover the deep historical roots of economic globalization.

Covering over seven hundred years of history, this book, now in its fourth edition, takes the reader around the world from the history of the opium trade to pirates, to the building of corporations and migration to the New World. The chapters are grouped thematically, each featuring an introductory essay designed to synthesize…


Book cover of The Captive Sea: Slavery, Communication, and Commerce in Early Modern Spain and the Mediterranean

Brian Catlos Author Of Infidel Kings and Unholy Warriors: Faith, Power, and Violence in the Age of Crusade and Jihad

From my list on the multi-religious Mediterranean.

Why am I passionate about this?

Having lived in North America, Europe, and the Middle East, and visited many, many more countries, I am a traveler first and foremost. I travel because I like getting to know different types of people and seeing how they live and how they think about the world and about their place in it. As a historian, I can travel back in time to places even more exotic than one can visit today. My favorite place is the Mediterranean world in the Middle Ages – an exciting environment where Christians, Muslims, and Jews from Africa, Europe, and Asia, came together sometimes in conflict, but as often as not in collaboration or friendship.

Brian's book list on the multi-religious Mediterranean

Brian Catlos Why did Brian love this book?

Another intimate view of Mediterranean social history, The Captive Sea: brings to light the way networks of captivity and ransom operating between Hapsburg Spain, Ottoman Algiers, Morocco, and beyond helped shape the Mediterranean as an integrated region in the late sixteenth and early seventeenth centuries. Hershenzon tracks the interactions of various agents involved in the ransom economy— imperial bureaucrats, clergy, merchants, diplomats, renegades.

Combining a wide-angle frame of geopolitics with the particular cases registered in letters, petitions, Inquisition reports, and other archival sources, he reconstructs some remarkable stories that illustrate the complexity of networks of interaction and circulation: stories of individual captives like Fatima, daughter of an Algerian Janissary (slave soldier), or the connected histories of captives (in some cases of quite modest social station) from both sides of the religious divide, repatriated through the correspondence of wives or mothers back home. 

By Daniel Hershenzon,

Why should I read it?

1 author picked The Captive Sea as one of their favorite books, and they share why you should read it.

What is this book about?

In The Captive Sea, Daniel Hershenzon explores the entangled histories of Muslim and Christian captives-and, by extension, of the Spanish Empire, Ottoman Algiers, and Morocco-in the seventeenth century to argue that piracy, captivity, and redemption helped shape the Mediterranean as an integrated region at the social, political, and economic levels. Despite their confessional differences, the lives of captives and captors alike were connected in a political economy of ransom and communication networks shaped by Spanish, Ottoman, and Moroccan rulers; ecclesiastic institutions; Jewish, Muslim, and Christian intermediaries; and the captives themselves, as well as their kin.
Hershenzon offers both a comprehensive…


Book cover of Systems of Survival: A Dialogue on the Moral Foundations of Commerce and Politics

Geoff Mulgan Author Of Big Mind: How Collective Intelligence Can Change Our World

From my list on how societies think.

Why am I passionate about this?

I’ve worked top-down with dozens of governments worldwide and bottom-up with many campaigns, start-ups, and social enterprises. I realised that the connecting thread is how to mobilise shared intelligence to address the big challenges like cutting carbon emissions or reducing inequality, and how to avoid the collective stupidity we all see around us. We waste so much of the insight and creativity that sits in peoples’ heads. I thought we were missing both good theory and enough practical methods to make the most of technologies – from the Internet to generative AI – that could help us. I hope that my book – and the work I do – provides some of the answers.

Geoff's book list on how societies think

Geoff Mulgan Why did Geoff love this book?

One of my favourite books from a few decades ago is Jane Jacobs’ Systems of Survival. 

She is best known for her work on cities, but this has a wider canvas. It explains how all working societies, and organisations, combine contradictory moral syndromes, what she calls the guardian and trader syndromes. She also shows the pathologies that result from mixing them up too much, like when businesses become like governments or governments become too much like businesses. 

It is one of the rare books that changes how you see the world – and helps you understand the errors in much social thought.

By Jane Jacobs,

Why should I read it?

1 author picked Systems of Survival as one of their favorite books, and they share why you should read it.

What is this book about?

With intelligence and clarity of observation, the author of The Death and Life of Great American Cities addresses the moral values that underpin working life.

In Systems of Survival, Jane Jacobs identifies two distinct moral syndromes—one governing commerce, the other, politics—and explores what happens when these two syndromes collide. She looks at business fraud and criminal enterprise, government’s overextended subsidies to agriculture, and transit police who abuse the system the are supposed to enforce, and asks us to consider instances in which snobbery is a virtue and industry a vice. In this work of profound insight and elegance, Jacobs gives…


Book cover of Making Money: Life, Death, and Early Modern Trade on Africa's Guinea Coast

Ana Lucia Araujo Author Of The Gift: How Objects of Prestige Shaped the Atlantic Slave Trade and Colonialism

From my list on the material culture of the Atlantic slave trade and colonialism.

Why am I passionate about this?

I'm a historian of slavery and the Atlantic slave trade who was trained with a PhD in History and a PhD in Art History, and who's interested in how slavery is memorialized in the public space as well as in the visual and material culture of slavery. I was born and raised in Brazil, the country where the largest number of enslaved Africans were introduced in the era of the Atlantic slave trade and that still today is the country with the largest Black population after Nigeria, the most populous African country. I believe that studying the history of the Atlantic slave trade and slavery helps us to remedy the legacies of anti-Black racism today.

Ana's book list on the material culture of the Atlantic slave trade and colonialism

Ana Lucia Araujo Why did Ana love this book?

Colleen Kriger illuminates the commercial exchanges between European and Africans in the Upper Guinea Coast, a region covering present-day Senegal, The Gambia, Guinea-Bissau, Guinea, Sierra Leone, and Liberia, between 1680 and 1715.

Explaining how these economic exchanges relied on existing West African trading routes, Kriger examines the role of England’s Royal African Company which lead the trade of enslaved Africans in the region.

West African commodity currencies such as bar iron, cloth, and cowry shells were carefully organized in bundles that became unities of measure and exchange in the Upper Guinea trade external trade in the late seventeenth and early eighteenth centuries.

She underscores the cultural norms underlying economic exchanges. For example, exchanging gifts to start and continue the trade was a central protocol. Kriger’s book ultimately shows that the trade in people was shaped by the creation and exchange of things.

By Colleen E. Kriger,

Why should I read it?

1 author picked Making Money as one of their favorite books, and they share why you should read it.

What is this book about?

A new era in world history began when Atlantic maritime trade among Africa, Asia, Europe, and the Americas opened up in the fifteenth century, setting the stage for massive economic and cultural change. In Making Money, Colleen Kriger examines the influence of the global trade on the Upper Guinea Coast two hundred years later-a place and time whose study, in her hands, imparts profound insights into Anglo-African commerce and its wider milieu.
A stunning variety of people lived in this coastal society, struggling to work together across deep cultural divides and in the process creating a dynamic creole culture. Kriger…


Book cover of Cotton, Climate, and Camels in Early Islamic Iran: A Moment in World History

Kenneth W. Harl Author Of Empires of the Steppes: A History of the Nomadic Tribes Who Shaped Civilization

From my list on how the nomadic peoples enriched and shaped civilizations across Eurasia.

Why am I passionate about this?

I am a Professor Emeritus of Classical and Byzantine History, and I was fascinated by Attila and the Hun and Genghis Khan from early childhood when I decided that I would become a historian. I set out to write the history of the Eurasian nomads from their perspective, and so convey their neglected history to a wider readership.

Kenneth's book list on how the nomadic peoples enriched and shaped civilizations across Eurasia

Kenneth W. Harl Why did Kenneth love this book?

I recommend as a very readable account based on original research about the role played by Oghuz Turkish tribes in extending the range and importance of the international trade along the Silk Road between the tenth and eleventh centuries by breeding hybrid camels.

Bulliet has established his reputation as a scholar of vehicles and beasts of burden with his first groundbreaking book The Camel and the Wheel. While Bulliet’s arguments for an advent of colder climate as the stimulus for the breeding of the hybrid camels can be debated, his overall thesis is sound and explains why the Seljuk Turks emerged as the new military power in Eastern Islam in the eleventh century. 

By Richard Bulliet,

Why should I read it?

1 author picked Cotton, Climate, and Camels in Early Islamic Iran as one of their favorite books, and they share why you should read it.

What is this book about?

A boom in the production and export of cotton made Iran the richest region of the Islamic caliphate in the ninth and tenth centuries. Yet in the eleventh century, Iran's impressive agricultural economy entered a steep decline, bringing the country's primacy to an end. Richard W. Bulliet advances several provocative theses to explain these hitherto unrecognized historical events. According to Bulliet, the boom in cotton production directly paralleled the spread of Islam, and Iran's agricultural decline stemmed from a significant cooling of the climate that lasted for over a century. The latter phenomenon also prompted Turkish nomadic tribes to enter…


Book cover of The Confusions of Pleasure: Commerce and Culture in Ming China

Laura Hostetler Author Of Qing Colonial Enterprise: Ethnography and Cartography in Early Modern China

From my list on geo-politics and rise of the nation state in China.

Why am I passionate about this?

As Professor of History and Global Asian Studies and Director of the Engaged Humanities Institute at the University of Illinois at Chicago, I'm interested in intersections at the margins between cultural systems. I first became drawn to Chinese history after visiting the country in 1982 and returned to teach English there before undertaking graduate studies. My work on eighteenth-century China focuses on ethnography and cartography as tools of empire building during its period of growth and expansion. My current project, Bridging Worlds: Reflections on a Journey, chronicles a quest for personal integration when obtaining an education has too often become predicated on the ability to cut oneself off from aspects of one’s own inner knowing and lived experience.

Laura's book list on geo-politics and rise of the nation state in China

Laura Hostetler Why did Laura love this book?

In The Confusions of Pleasure Timothy Brook captures the consternation of a local official as he witnesses the cultural and economic changes wrought by the rise of private wealth in the late Ming, (c. 1600). Unable to raise adequate revenue or to adapt the conservative agrarian foundations of its legitimacy to changing times, the Ming eventually collapses from within, unable to protect itself from marauding bands led by a disgruntled former government post station worker and subsequent invasion by a foreign force. Yet, those who are able to adapt to changing times survive. The resonances for our own day are multiple and apt. 

By Timothy Brook,

Why should I read it?

1 author picked The Confusions of Pleasure as one of their favorite books, and they share why you should read it.

What is this book about?

The Ming dynasty was the last great Chinese dynasty before the Manchu conquest in 1644. During that time, China, not Europe, was the center of the world: the European voyages of exploration were searching not just for new lands but also for new trade routes to the Far East. In this book, Timothy Brook eloquently narrates the changing landscape of life over the three centuries of the Ming (1368-1644), when China was transformed from a closely administered agrarian realm into a place of commercial profits and intense competition for status. "The Confusions of Pleasure" marks a significant departure from the…


Book cover of Mr. Smith Goes to China: Three Scots in the Making of Britain's Global Empire

Bill Hayton Author Of The Invention of China

From my list on the emergence of modern China.

Why am I passionate about this?

I’ve spent more than a decade exploring the historic roots of Asia’s modern political problems – and discovering the accidents and mistakes that got us where we are today. I spent 22 years with BBC News, including a year in Vietnam and another in Myanmar. I’ve written four books on East and Southeast Asia and I’m an Associate Fellow with the Asia-Pacific Programme at the London-based thinktank, Chatham House. I love breaking down old stereotypes and showing readers that the past is much more interesting than a series of clichés about ‘us’ and ‘them’. Perhaps through that, we can recognise that our future depends on collaboration and cooperation.

Bill's book list on the emergence of modern China

Bill Hayton Why did Bill love this book?

This is a jewel of a book. It takes a strange coincidence and weaves it into a wonderful tale of world history. It explores the lives of three Scotsmen, all called George Smith but not related, who traded in Asia during the eighteenth century, a crucial time for the development of the East India Company and ties between East and West. It really opens a window into the lives of these pioneers and brings this neglected history alive. In particular, it complicates the usual story of the East India Company by showing how it was a force for stability in trade with China and it was the ‘free traders’ taking inspiration from people like the economist Adam Smith back in London, who upset the relations and created the conditions for the nineteenth-century Opium War.

By Jessica Hanser,

Why should I read it?

1 author picked Mr. Smith Goes to China as one of their favorite books, and they share why you should read it.

What is this book about?

An illuminating account of global commerce in the eighteenth-century Indian Ocean world as seen through the lives of three Scottish traders

This book delves into the lives of three Scottish private traders-George Smith of Bombay, George Smith of Canton, and George Smith of Madras-and uses them as lenses through which to explore the inner workings of Britain's imperial expansion and global network of trade, revealing how an unstable credit system and a financial crisis ultimately led to greater British intervention in India and China.


Book cover of From the Indian Ocean to the Mediterranean: The Global Trade Networks of Armenian Merchants from New Julfavolume 17

Yasuhiro Makimura Author Of Yokohama and the Silk Trade: How Eastern Japan Became the Primary Economic Region of Japan, 1843-1893

From my list on cities, their trades, and world trade.

Why am I passionate about this?

One of the oldest questions is: why are some countries rich and some countries poor? Adam Smith famously answered that it was the division of labor (specialization) and trade in his book The Wealth of Nations. The more you study trade, however, the more complicated the answer becomes. I have been grappling with this question since the 1990s, as a student, and I still do not have a simple answer like Adam Smith. However, I think I have come up with a framework to understand how the economic history of the world developed and I have been teaching that global history in college as a professor since the 2010s.

Yasuhiro's book list on cities, their trades, and world trade

Yasuhiro Makimura Why did Yasuhiro love this book?

This book by David Aslanian features the Armenian merchants of the New Julfa district of the city of Isfahan in modern-day Iran. They conducted long-distance trade between India and Europe and competed against some of the giant corporations of the day such as the Dutch East India Company. The experts of the old silk road trade competed against the new maritime trades well into the nineteenth century.

By Sebouh Aslanian,

Why should I read it?

1 author picked From the Indian Ocean to the Mediterranean as one of their favorite books, and they share why you should read it.

What is this book about?

Drawing on a rich trove of documents, including correspondence not seen for 300 years, this study explores the emergence and growth of a remarkable global trade network operated by Armenian silk merchants from a small outpost in the Persian Empire. Based in New Julfa, Isfahan, in what is now Iran, these merchants operated a network of commercial settlements that stretched from London and Amsterdam to Manila and Acapulco. The New Julfan Armenians were the only Eurasian community that was able to operate simultaneously and successfully in all the major empires of the early modern world--both land-based Asian empires and the…


Book cover of The Company and the Shogun: The Dutch Encounter with Tokugawa Japan

Cees Heere Author Of Empire Ascendant: The British World, Race, and the Rise of Japan, 1894-1914

From my list on East Asia in the age of empire.

Why am I passionate about this?

I am a historian of empire and international relations, and have worked at universities in Britain and the Netherlands (where I was born). I’m fascinated by the ways in which empires have shaped – and continue to shape – the world we live in. Empire Ascendant was my first book, and I am currently working on a global history of the Dutch colonial empire.  

Cees' book list on East Asia in the age of empire

Cees Heere Why did Cees love this book?

Histories of Japan’s encounter with the West typically start from the premise that prior to its “opening” by the American Commodore Perry in 1853, Japan was a “closed” society that shunned contact with the outside world. This book, which explores the relationship between the Tokugawa shogunate and the Dutch East India Company (the VOC), presents a radically different story: one in which one of the world’s most ruthless commercial operators was forced to humble itself before the shogun. It’s an essential corrective to anyone who equates “world history” with the rise of the West.

By Adam Clulow,

Why should I read it?

1 author picked The Company and the Shogun as one of their favorite books, and they share why you should read it.

What is this book about?

The Dutch East India Company was a hybrid organization combining the characteristics of both corporation and state that attempted to thrust itself aggressively into an Asian political order in which it possessed no obvious place and was transformed in the process. This study focuses on the company's clashes with Tokugawa Japan over diplomacy, violence, and sovereignty. In each encounter the Dutch were forced to retreat, compelled to abandon their claims to sovereign powers, and to refashion themselves again and again-from subjects of a fictive king to loyal vassals of the shogun, from aggressive pirates to meek merchants, and from insistent…


Book cover of Unravelled Dreams: Silk and the Atlantic World, 1500-1840

Robert S. DuPlessis Author Of The Material Atlantic: Clothing, Commerce, and Colonization in the Atlantic World, 1650-1800

From my list on innovations in the first consumer revolution.

Why am I passionate about this?

I’ve always wanted to know why people acquire the things they choose, how they get them, and what they do with them. For years, too, I’ve been fascinated by the period when modernity was being born, a time full of worldwide exploration, the founding of new nations and societies, and the invention of new ways of making, transporting, and distributing all sorts of goods and services. I discovered that studying consumers, consumer goods, and trade from the mid-seventeenth to the late eighteenth century was the perfect way to satisfy my curiosity. The Material Atlantic is my report about what I’ve learned.

Robert's book list on innovations in the first consumer revolution

Robert S. DuPlessis Why did Robert love this book?

Across the globe, silks have been the most prized textiles for a very long time. They are also among the most expensive, owing to the difficulties and skills involved in cultivating silkworms, unreeling and spinning raw silk, and then weaving it into cloth.

Despite the complications involved, silk’s desirability led settlers throughout the colonial Americas to try time and again to establish silkworm-raising and silk-making enterprises. Their ambitions were just as repeatedly frustrated.

Ben Marsh’s beautifully written, deeply researched study tells why they kept trying and why they kept failing. When I first encountered this book, I wondered whether a study of flop after flop could possibly be interesting. I wonder no longer. Failure turns out to make for a fascinating story.

By Ben Marsh,

Why should I read it?

1 author picked Unravelled Dreams as one of their favorite books, and they share why you should read it.

What is this book about?

One of the greatest hopes and expectations that accompanied American colonialism - from its earliest incarnation - was that Atlantic settlers would be able to locate new sources of raw silk, with which to satiate the boundless desire for luxurious fabrics in European markets. However, in spite of the great upheavals and achievements of Atlantic plantation, this ambition would never be fulfilled. By taking the commercial failure of silk seriously and examining numerous experiments across New Spain, New France, British North America and the early United States, Ben Marsh reveals new insights into aspiration, labour, environment, and economy in these…