Stories of ten historical figures who helped build the long road to globalization, from Genghis Khan to an Intel CEO: “Filled with brilliant vignettes.” —The Washington PostThis is the story of globalization, the most powerful force in history, as told through the lives and times of ten people who established new connections between people and nations—whether that was their primary goal or not. Rather than focusing on trends, policies, or particular industries, From Silk to Silicon views the topic of globalization for the first time through the lens of individuals and their transformative actions. It tells us who these men and women were, what they did, how they did it, and how their achievements continue to shape our world today. You’ll read about Genghis Khan, who united east and west by conquest and by opening new trade routes built on groundbreaking transportation, communications, and management innovations; Mayer Amschel Rothschild, who escaped the ghetto and ushered in an era of global finance; Cyrus Field, who led the effort to build the transatlantic telegraph; Margaret Thatcher, whose controversial policies opened the gusher of substantially free markets that linked economies across borders; Andy Grove, a Hungarian Holocaust survivor who, at Intel, laid the foundation for Silicon Valley’s computer revolution; and more.Economist Jeffrey E. Garten finds the common links between these figures and probes critical questions including: How much influence can any one person have in fundamentally changing the world? How have past trends in globalization affected the present? And how will they shape the future? “Fascinating and illuminating.” —Fareed Zakaria, author of Age of Revolutions“Garten has brilliantly updated Thomas Carlyle’s Great Man theory of history . . . A tour de force, imaginative, informative and just plain fun to read.” —Strobe Talbott, former Deputy Secretary of State“A terrific book on globalization . . . really compelling.” —Thomas L. Friedman, author of The World is Flat

The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard—breaking the link between gold and the dollar—transforming the entire global monetary system.Over the course of three days—from August 13 to 15, 1971—at a secret meeting at Camp David, President Richard Nixon and his brain trust changed the course of history. Before that weekend, all national currencies were valued to the U.S. dollar, which was convertible to gold at a fixed rate. That system, established by the Bretton Woods Agreement at the end of World War II, was the foundation of the international monetary system that helped fuel the greatest expansion of middle-class prosperity the world has ever seen.   In making his decision, Nixon shocked world leaders, bankers, investors, traders and everyone involved in global finance. Jeffrey E. Garten argues that many of the roots of America''s dramatic retrenchment in world affairs began with that momentous event that was an admission that America could no longer afford to uphold the global monetary system. It opened the way for massive market instability and speculation that has plagued the world economy ever since, but at the same time it made possible the gigantic expansion of trade and investment across borders which created our modern era of once unimaginable progress.Based on extensive historical research and interviews with several participants at Camp David, and informed by Garten''s own insights from positions in four presidential administrations and on Wall Street, Three Days at Camp David chronicles this critical turning point, analyzes its impact on the American economy and world markets, and explores its ramifications now and for the future.

The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard – breaking the link between gold and the dollar – transforming the entire global monetary system.Over the course of three days – from August 13 to 15, 1971 – at a secret meeting at Camp David, President Richard Nixon and his brain trust changed the course of history. Before that weekend, all national currencies were valued to the U.S. dollar, which was convertible to gold at a fixed rate. That system, established by the Bretton Woods Agreement at the end of World War II, was the foundation of the international monetary system that helped fuel the greatest expansion of middle-class prosperity the world has ever seen.In making his decision, Nixon shocked world leaders, bankers, investors, traders and everyone involved in global finance. Jeffrey E. Garten argues that many of the roots of America's dramatic retrenchment in world affairs began with that momentous event that was an admission that America could no longer afford to uphold the global monetary system. It opened the way for massive market instability and speculation that has plagued the world economy ever since, but at the same time it made possible the gigantic expansion of trade and investment across borders which created our modern era of once unimaginable progress.Based on extensive historical research and interviews with several participants at Camp David, and informed by Garten's own insights from positions in four presidential administrations and on Wall Street, Three Days at Camp David chronicles this critical turning point, analyzes its impact on the American economy and world markets, and explores its ramifications now and for the future.

Globalisation often seems to be an impersonal and abstract phenomenon. Whether in everyday culture or matters of policy, its force has been experienced as something at once general and monolithic. By contrast, From Silk to Siliconis the first book to tell the history of globalisation through the lens of the people who shaped it. Taking ten extraordinary individuals, this book examines what these men and women did, how they did it, and how their combined will and vision continue to influence our world today.Drawing together their various stories, Jeffrey E. Garten finds the common links between these figures. Placing the individual at the forefront of history, Garten explores some critical issues, including: How does the growing power of international trade affect nations’ sovereignty? How much influence can any one person have in transforming our society? He argues that, in our increasingly globalised world, our progress and growth will come to be guided by many more such leaders and innovators. From Silk to Silicon presents a future full of human possibility.

Stories of ten historical figures who helped build the long road to globalization, from Genghis Khan to an Intel CEO: “Filled with brilliant vignettes.” —The Washington PostThis is the story of globalization, the most powerful force in history, as told through the lives and times of ten people who established new connections between people and nations—whether that was their primary goal or not. Rather than focusing on trends, policies, or particular industries, From Silk to Silicon views the topic of globalization for the first time through the lens of individuals and their transformative actions. It tells us who these men and women were, what they did, how they did it, and how their achievements continue to shape our world today. You’ll read about Genghis Khan, who united east and west by conquest and by opening new trade routes built on groundbreaking transportation, communications, and management innovations; Mayer Amschel Rothschild, who escaped the ghetto and ushered in an era of global finance; Cyrus Field, who led the effort to build the transatlantic telegraph; Margaret Thatcher, whose controversial policies opened the gusher of substantially free markets that linked economies across borders; Andy Grove, a Hungarian Holocaust survivor who, at Intel, laid the foundation for Silicon Valley’s computer revolution; and more.Economist Jeffrey E. Garten finds the common links between these figures and probes critical questions including: How much influence can any one person have in fundamentally changing the world? How have past trends in globalization affected the present? And how will they shape the future? “Fascinating and illuminating.” —Fareed Zakaria, author of Age of Revolutions“Garten has brilliantly updated Thomas Carlyle’s Great Man theory of history . . . A tour de force, imaginative, informative and just plain fun to read.” —Strobe Talbott, former Deputy Secretary of State“A terrific book on globalization . . . really compelling.” —Thomas L. Friedman, author of The World is Flat

The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard—breaking the link between gold and the dollar—transforming the entire global monetary system.Over the course of three days—from August 13 to 15, 1971—at a secret meeting at Camp David, President Richard Nixon and his brain trust changed the course of history. Before that weekend, all national currencies were valued to the U.S. dollar, which was convertible to gold at a fixed rate. That system, established by the Bretton Woods Agreement at the end of World War II, was the foundation of the international monetary system that helped fuel the greatest expansion of middle-class prosperity the world has ever seen.   In making his decision, Nixon shocked world leaders, bankers, investors, traders and everyone involved in global finance. Jeffrey E. Garten argues that many of the roots of America''s dramatic retrenchment in world affairs began with that momentous event that was an admission that America could no longer afford to uphold the global monetary system. It opened the way for massive market instability and speculation that has plagued the world economy ever since, but at the same time it made possible the gigantic expansion of trade and investment across borders which created our modern era of once unimaginable progress.Based on extensive historical research and interviews with several participants at Camp David, and informed by Garten''s own insights from positions in four presidential administrations and on Wall Street, Three Days at Camp David chronicles this critical turning point, analyzes its impact on the American economy and world markets, and explores its ramifications now and for the future.

The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard – breaking the link between gold and the dollar – transforming the entire global monetary system.Over the course of three days – from August 13 to 15, 1971 – at a secret meeting at Camp David, President Richard Nixon and his brain trust changed the course of history. Before that weekend, all national currencies were valued to the U.S. dollar, which was convertible to gold at a fixed rate. That system, established by the Bretton Woods Agreement at the end of World War II, was the foundation of the international monetary system that helped fuel the greatest expansion of middle-class prosperity the world has ever seen.In making his decision, Nixon shocked world leaders, bankers, investors, traders and everyone involved in global finance. Jeffrey E. Garten argues that many of the roots of America's dramatic retrenchment in world affairs began with that momentous event that was an admission that America could no longer afford to uphold the global monetary system. It opened the way for massive market instability and speculation that has plagued the world economy ever since, but at the same time it made possible the gigantic expansion of trade and investment across borders which created our modern era of once unimaginable progress.Based on extensive historical research and interviews with several participants at Camp David, and informed by Garten's own insights from positions in four presidential administrations and on Wall Street, Three Days at Camp David chronicles this critical turning point, analyzes its impact on the American economy and world markets, and explores its ramifications now and for the future.

Globalisation often seems to be an impersonal and abstract phenomenon. Whether in everyday culture or matters of policy, its force has been experienced as something at once general and monolithic. By contrast, From Silk to Siliconis the first book to tell the history of globalisation through the lens of the people who shaped it. Taking ten extraordinary individuals, this book examines what these men and women did, how they did it, and how their combined will and vision continue to influence our world today.Drawing together their various stories, Jeffrey E. Garten finds the common links between these figures. Placing the individual at the forefront of history, Garten explores some critical issues, including: How does the growing power of international trade affect nations’ sovereignty? How much influence can any one person have in transforming our society? He argues that, in our increasingly globalised world, our progress and growth will come to be guided by many more such leaders and innovators. From Silk to Silicon presents a future full of human possibility.