Author: Thomas Sullivan

  • ECONOMICS

    Toxic economies in history

    • Thomas Sullivan
    • 29 May 2009
    8 Comments

    In the 16th century, following its conquest of Latin America, Spain drained the area of its gold and silver. One might suspect that this windfall turned Spain into an economic powerhouse. But some funny things happened when the easy money arrived.

    READ MORE

x

Subscribe for more stories like this.

Free sign-up