22 February, 1784: The first American trade ship to China weighs anchor in New York City. The history of trade between China and the West is fraught with conflict and cultural complications, as demonstrated by the audacious 19th-century attempt by the British to steal China’s tea crop and transplant it to its own plantations in India. The caper is recounted in Sarah Rose‘s FOR ALL THE TEA IN CHINA.
In the dramatic story of one of the greatest acts of corporate espionage ever committed, Sarah Rose recounts the fascinating, unlikely circumstances surrounding a turning point in economic history. By the middle of the nineteenth century, the British East India Company faced the loss of its monopoly on the fantastically lucrative tea trade with China, forcing it to make the drastic decision of sending Scottish botanist Robert Fortune to steal the crop from deep within China and bring it back to British plantations in India. Fortune’s danger-filled odyssey, magnificently recounted here, reads like adventure fiction, revealing a long-forgotten chapter of the past and the wondrous origins of a seemingly ordinary beverage.
One of the most controversial discussions in the last few weeks has been the one around guns, its regulation and controls, its production, on the rights to use guns, on private gun ownership and the arguments of those in favor/against the Right to keep and bear arms in the United States of America. The right to keep and bear arms in that country has a historical significance rooted in a long standing common law, prior even to the existence of their Constitution. In England, a similar legal wording can be found in the Bill of Rights 1689 which states “Subjects which are Protestants may have Arms for their Defense”.
The historical significance of this argument is long standing and varies from country to country (specially those with a common law system). The principle behind this topic is the relation of the private ownership (historically contextualized of course) of the “means of force” versus the monopoly of the use of force by government. Today I have two recommendations on this topic for those of you looking for essays and books to read:
Today I finished reading a great book titled “The Morality of Capitalism” written by Tom G. Palmer.
The book is the result of a project done by the US based think tank “Students for Liberty“. As explained by the think tank leaders, the book was written as a “new tool in the fight for liberty, a new book on The Morality of Capitalism, What Your Professors Won’t Tell You.”
“Love and friendship are the fruits of mutual benefit through cooperation, whether in small or in large groups. Without such mutual benefit, society would simply be impossible.” – Tom G. Palmer
The book combines the writings of various philosophers, economists, Nobel Prize winners, and entrepreneurs to make the case that not only do “markets deliver the goods” as Vernon Smith says, but that a true free market system is a prerequisite for a just, prosperous, and cooperative society.
One of my favorite hobbies is reading autobiographies of those great minds of the past and present. Here are the link to access and download the FREE ebooks ready to be read in Computer / eBook Reader / Mobile / or Kindle