This chapter opens up with the mysterious Phaistos disk that was found by archaeologists on the island of Crete in 1908 and its interesting technological aspects. Many inventions were made not for need but for mere curiosity and hobby. Diamond makes two main conclusions about technology is that it develops cumulatively and that most technology … Read more
As the last two sections have shown, contrary to popular takes on both the Obama Presidency and US trade politics, Obama’s inducing of protectionist measures into his trade policy does not constitute an overall breaking of the mould in US trade politics, rather it is merely a sustenance of the US executive succumbing to longstanding … Read more
Hong Kong, the pearl of Asia has been the center of trade and finance in Asia since the early 20th century. In a short history of about 150 years, Hong Kong has become the source of growth for many nearby economies. In a certain sense, it can be even said that it is a merchant … Read more
The US is seeking to extend the duty-free status of international online transactions to protect the development of global electronic commerce, the Clinton administration said yesterday. Susan Esserman, deputy US trade representative, said the US wanted the World Trade Organization to agree “at the earliest possible date” to extend the current moratorium on customs duties … Read more
