◇Harold Bet365 app download/Author

Yale University Press in the United States published a new book "Seven Conflicts: The Economic Bet365 app download Shaping Globalization" by Harold James, professor of history at Princeton University in the United States in May 2023。James boldly writes a new history of the financial Bet365 app download，Explains why some crises reinforce globalization，Other crises lead to estrangement between countries。

This book uses a novel perspective to divide financial crises into "good" crises and "bad" crises: "good" crises ultimately expand international markets and globalization，“Bad” Bet365 app download causes shrinkage of world economy、Reduced prosperity。James examines 7 turning points in scale over the past 2 centuries，For example, the economic depression of the 1840s、The “Great Depression” of the 1930s、Economic recession caused by the COVID-19 epidemic in the 21st century。He thinks，Conflicts caused by insufficient supply (such as the oil Bet365 app download in the 1970s) increase the level of globalization，The reason is market expansion、Producers increase supply through innovation。Opposite，Conflicts caused by insufficient demand (such as the 2008 global financial Bet365 app download) reduce the level of globalization，The reason is the shrinking market、Government adopts austerity measures、Public skepticism of government grows。

The book also considers key figures who influenced the understanding of each Bet365 app download，Including Marx、British economist Keynes、Economist Lawrence Summers, who served as the 71st U.S. Secretary of the Treasury, etc.。James reveals how globalization’s “bumpy road” inspired new economic thinking，Why understanding relevant history helps you better prepare for the future。（Wang Youran/Compiler）