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The Institutions of Trade and the Reduction of Market Risk: The Convoy System

Jeremy Baskes

in Staying Afloat: Risk and Uncertainty in Spanish Atlantic World Trade, 1760-1820

Published in print:
2013
Published Online:
January 2014
ISBN:
9780804785426
eISBN:
9780804786355
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804785426.003.0003
Subject:
History, Latin American History

This chapter presents a revisionist explanation for the Spanish flota (carrera de indias) universally depicted by historians as a monopolistic trade system that generated excessive profits to the ... More


Staying Afloat: Risk and Uncertainty in Spanish Atlantic World Trade, 1760-1820

Jeremy Baskes

Published in print:
2013
Published Online:
January 2014
ISBN:
9780804785426
eISBN:
9780804786355
Item type:
book
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804785426.001.0001
Subject:
History, Latin American History

Early modern, long-distance trade was fraught with risk and uncertainty, driving merchants to seek means to reduce them. In the traditional historiography on Spanish colonial trade, the role of risk ... More


The Pertinence of the Past in Computing the Future

Elting E. Morison

in Men, Machines, and Modern Times

Published in print:
2016
Published Online:
May 2017
ISBN:
9780262529310
eISBN:
9780262336581
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262529310.003.0004
Subject:
History, History of Science, Technology, and Medicine

This chapter discusses the pertinence of the past, or “what possible use is there in history,” in computing the future. It begins with a brief account of a situation that occurred in March 1943, when ... More


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