Long before London and New York rose to international prominence, a trading route was discovered between Spanish America and China that ushered in a new era of globalisation. The Ruta de la Plata or ’Silver Way’ catalysed economic and cultural exchange, built the foundations for the first global currency and led to the rise of the first ‘world city’. And yet, for all its importance, the Silver Way is too often neglected in conventional narratives on the birth of globalisation. Gordon and Morales re-establish its fascinating role in economic and cultural history, with direct consequences for how we understand China today.

'Superb' - Tim Harford, author of How to Make the World Add Up Money is essential to the economy and how we live our lives, yet is inherently worthless. We can use it to build a home or send us to space, and it can lead to the rise and fall of empires. Few innovations have had such a huge impact on the development of humanity, but money is a shared fiction; a story we believe in so long as others act as if it is true. Money is rarely out of the headlines – from the invention of cryptocurrencies to the problem of high inflation, extraordinary interventions by central banks and the power the West has over the worldwide banking system. In Money in One Lesson, Gavin Jackson answers the most important questions on what money is and how it shapes our world, drawing on vivid examples from throughout history to demystify and show how societies and its citizens, both past and present, are always entwined with matters of money. ‘A highly illuminating, well-researched and beautifully written book on one of humanity’s most important innovations’ – Martin Wolf, chief economics commentator, Financial Times

From the 1850s, as the United States pushed west, Chinese migrants met ordinary Americans for the first time. Alienation and xenophobia lost the US this chance for cultural and economic enrichment--but America gave the Chinese new perspectives and connections. They developed a dream of their own. As teenagers, Hugo Wong's great-grandfathers fled poverty in China for California. A decade later, they were excluded from the States. They helped establish a Chinese settlement across the border in Mexico, led by a world-famous dissident-in-exile with visions of a New China overseas. They would be among the Americas' first Chinese magnates, meeting with presidents, generals and missionaries, living through astonishing victories and humiliating defeats. The bitterest of all would be the colony's tragic demise amid a violent Mexican revolution, leading to the largest massacre and deportation of Chinese in American history. This epic 100-year drama follows the lives of the author's ancestors, via untouched personal papers. Though no Chinese group had ever gained such influence over a Western population and territory, their home in Mexico would long be forgotten. Today, this family story is reborn: one of nationhood, state racism and a turbulent century; of exile, grit and new ways of belonging.

This book, in a sentence, claims that an ahistorical and ill informed doom and gloom atmosphere in Western public debate threatens to turn into a selffulfilling prophecy, that a new 'Global Optimism Literature' represented by e. g. Hans Rosling and Steven Pinker, based on vast historical sources and social scientific data fortunately intends to correct this misperception, that the also newly emerged sub-discipline of Global History in spite of severe birth diseases could contribute substantially to this mission, and when it all comes down to it: do we have a choice anyway?

This groundbreaking book presents the first full history of the Manila galleons, which marked the true beginning of a global economy. Arturo Giraldez, the world’s leading scholar of the galleons, traces the rise of the maritime route, which began with the founding of the city of Manila in 1571 and ended in 1815 when the last galleon left the port of Acapulco in New Spain (Mexico) for the Philippines, establishing a permanent connection between the Spanish empire in America with Asian countries, most importantly China, the main supplier of commodities during that era. Throughout the two-and-a-half-century history of the Manila galleons, the strategic commodity fuelling global networks was always silver. Giraldez shows how this most important of precious metals shaped world history, with influences that stretch to the present.

During the sixteenth to the nineteenth centuries, the transpacific treasure galleons sailed annually from Manila to Acapulco. In Manila, the vessel was loaded with the scented spices of the East, luxurious silks from China, exquisite hand crafted lacquerware from Japan and a multitude of Oriental goods that the Spaniards of New Spain longed to own. The returning galleon from Acapulco to Manila, carried as much as 2.5 million silver pesos in payment of the goods sent to the New Spain in the previous year, as well as a yearly silver subsidy of 250,000 reales for the maintenance of the colonial government in the Philippines. But while the galleons mainly sailed alone and unaccompanied from Manila to Acapulco and vice versa, they were vulnerable to a host of calamities and misfortunes. A fire on board the vessel or a terrifying storm could end the voyage and the lives of every one on the ship even before the galleon was able to reach land. Additionally, the commanders of the galleons were always threatened by lurking pirates and privateers who preyed on the vessels and coveted the treasures they carried. The book describes in detail how the galleons were attacked at sea and how they fought against enemy vessels, as well as how many of the ships sank or were shipwrecked over the years. It also covers their management, construction, manning, weaponry, navigation, daily life on the ship, provisions, cargoes and voyages. The book contains an annotated list of the galleons sailing between the Philippines and Mexico from 1565 to 1815. This informative book is the first of its kind to cover such an expansive history of the Pacific galleons which up to this point had remained largely untold.

A thousand-year history of how China’s obsession with silver influenced the country’s financial well-being, global standing, and political stability This revelatory account of the ways silver shaped Chinese history shows how an obsession with “white metal” held China back from financial modernization. First used as currency during the Song dynasty in around 900 CE, silver gradually became central to China’s economic framework and was officially monetized in the middle of the Ming dynasty during the sixteenth century. However, due to the early adoption of paper money in China, silver was not formed into coins but became a cumbersome “weighing currency,” for which ingots had to be constantly examined for weight and purity—an unwieldy practice that lasted for centuries. While China’s interest in silver spurred new avenues of trade and helped increase the country’s global economic footprint, Jin Xu argues that, in the long run, silver played a key role in the struggles and entanglements that led to the decline of the Chinese empire.