Harnessing the Power Coffee, Java, Jitter Juice, or perhaps you prefer a Mocha? Often styled The Global Addiction, coffee has been integral to modern society for hundreds of years, and rarely do we ever consider the reasons as to why. Originally developed by plants as a means of deterring would be attackers, caffeine as aContinue reading “Coffee – The Global Addiction”
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Mansa Musa – How the Richest Man Who Ever Lived Caused an Inter-Continental Economic Recession
The Mali Empire existed from 1235 to 1670 and became the dominant power in the region of West Africa for most of the middle ages. When it comes to determining the true power of any centralised authority, whether that take the form of a Kingdom, Republic, or City State many look to the so calledContinue reading “Mansa Musa – How the Richest Man Who Ever Lived Caused an Inter-Continental Economic Recession”
The South Sea Bubble Part 6 – When Opportunity Knocks
When we left off, tensions were extremely high in England. Some thought was given to hiring foreign soldiers, perhaps from Germany, to try and maintain order as there were some whisperings about the King potentially abdicating in favour of his son, but the British MPs were steadfastly against rash actions with the monarchy. After aContinue reading “The South Sea Bubble Part 6 – When Opportunity Knocks”
The South Sea Bubble Part 5 – The Bubble Bursts
When the bill to hand over the lion’s share of the national debt to the South Sea Trading Company had passed through parliament a year prior, there was intense emotion across the political landscape of England. Those close to the venture, but more so those who stood as direct beneficiaries of its success, cheered theContinue reading “The South Sea Bubble Part 5 – The Bubble Bursts”
The South Sea Bubble Part 4 – Influence and Imitation
To understand what follows with Britain’s hysteria about the South Sea Company, it behooves us to look at the role of influence and imitation in Britain. As I explored in part one, in order for the ruler of any socio-political system to remain at the top by being able to influence others, typically with financialContinue reading “The South Sea Bubble Part 4 – Influence and Imitation”
The South Sea Bubble Part 3 – Immoral Vs Illegal
John Blunt’s Nefarious Scheming Before a law exists, one cannot break it. One is, however, more than capable of doing something immoral regardless of the existence of a legal code. Our distant hunter gatherer ancestors had no constitution to ensure their rights, yet they still functioned in social groups. If someone stole from their neighbour,Continue reading “The South Sea Bubble Part 3 – Immoral Vs Illegal”
The South Sea Bubble Part 2 – The Wealth of Nations
Where does the wealth of a nation lie? It’s a tricky question to answer as it’s one of those annoying scenarios in which just about everyone will have a different answer for you. A Tory might tell you that the wealth is drawn from that nation’s physical resources; what is being produced and what couldContinue reading “The South Sea Bubble Part 2 – The Wealth of Nations”
The South Sea Bubble Part 1 – The Wildest Financial Chicanery of the 18th Century
The South Sea Trading Company is remembered to history as one of the greatest swindles ever concocted, but only to those who have studied what is otherwise a rather niche century in British history. This is a real shame, as the 1600s had brought with it many new ideas on what money and wealth couldContinue reading “The South Sea Bubble Part 1 – The Wildest Financial Chicanery of the 18th Century”