The invention of the shipping container as a mode of transport by Malcolm McLean is considered to be a watershed moment in the history of global trade and logistics. By standardizing the size of the container (most are eight feet wide, eight and a half feet high and forty feet long), shipping became efficient and … Continue reading Once Upon a Time in Bengal
Category: Economics
The Empire of Cotton
Most of the iconic structures of Bombay were built by the profits from the cotton trade. To understand this, one needs to grasp how cotton emerged as the key commodity driving imperialists, plantation owners and bankers for almost three hundred years. Columbus’ discovery of America and Vasco da Gama’s discovery of the sea route to … Continue reading The Empire of Cotton
