Podcast with Juan José Rivas Moreno, author of “The Capital Market of Manila and the Pacific Trade, 1668-1838: Institutions and Trade during the First Globalization”
Many authors have written about the Manila Galleons, the massive ships that took goods back and forth between Acapulco and Manila, ferrying silver one way, and Chinese-made goods the other. But how did the Galleons actually work? Who paid for them? How did buyers and sellers negotiate with each other? Who set the rules? Why…












