Napoleon’s invasion sparked the liberal revolution in Spain and led to the loss of its continental American colonies. Civil wars and a series of coups ensued, giving rise to successive regime changes. The liberal reforms were followed by absolutist counter-reforms that allowed the survival of...

In Poverty from the Wealth of Nations , the author presents an analysis of the evolution of global disparities that goes beyond the earlier neo-Marxist critiques of global capitalism. He moves beyond their narrative by inserting two additional asymmetries into the global economy - those created...