Ash Oro @ashoro.co.uk · 16/06/20262/15 The obvious answers are descriptions of events. Ships stopped moving. Insurance premiums increased. Governments deployed naval forces. Markets reacted. All of those things happened. But they don't necessarily tell us what changed. 1111
Ash Oro @ashoro.co.uk · 16/06/20263/15 My mind kept going somewhere unexpected. Byzantium. Not because I think we're witnessing the fall of an empire, but because it offers a useful way of thinking about how large trading systems actually work. 1111
Ash Oro @ashoro.co.uk · 16/06/20264/15 One of the mistakes we often make is assuming globalisation is a uniquely modern phenomenon. We talk about supply chains, containerisation and finance as though interconnected trade emerged in the late twentieth century. It really didn't. 1142
