{"product_id":"staying-afloat-jeremy-baskes-9780804785426","title":"Staying Afloat: Risk and Uncertainty in Spanish Atlantic World Trade, 1760-1820","description":"\u003cp\u003eEarly modern, long-distance trade was fraught with risk and uncertainty, driving merchants to seek means (that is, institutions) to reduce them. In the traditional historiography on Spanish colonial trade, the role of risk is largely ignored. Instead, the guild merchants are depicted as anti-competitive monopolists who manipulated markets and exploited colonial consumers. Jeremy Baskes argues that much of the commercial behavior interpreted by modern historians as predatory was instead designed to reduce the uncertainty and risk of Atlantic world trade. \u003c\/p\u003e \u003cp\u003eThis book discusses topics from the development and use of maritime insurance in eighteenth- century Spain to the commercial strategies of Spanish merchants; the traditionally misunderstood effects of the 1778 promulgation of \"comercio libre,\" and the financial chaos and bankruptcies that ensued; the economic rationale for the Spanish flotillas; and the impact of war and privateering on commerce and business decisions. By elevating risk to the center of focus, this multifaceted study makes a number of revisionist contributions to the late colonial economic history of the Spanish empire.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Jeremy Baskes\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0804785422\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780804785426\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Stanford University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/17\/2013\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 408\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.46lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.32h x 6.06w x 1.06d","brand":"Jeremy Baskes","offers":[{"title":"Hardcover","offer_id":44120261361919,"sku":"9780804785426","price":85.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_19495e4c-655f-49ba-8edf-562ef3bc7141.jpg?v=1687413364","url":"https:\/\/www.whiterainbookhouse.com\/products\/staying-afloat-jeremy-baskes-9780804785426","provider":"WR Book House","version":"1.0","type":"link"}