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Blood and Treasure

Duncan Weldon
€18.50
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19th century
20th century
21st century
A01=Duncan Weldon
army
Author_Duncan Weldon
Category=KCY
conflict
Duncan Weldon
economics
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finance
government
history
human behaviour
journalist
medieval period
modernity
money
navy
non-fiction
politics
society
The Economist
Two Hundred Years of Muddling Through
violence
war
WW1
WW2

Product details

  • ISBN 9780349145419
  • Weight: 255g
  • Dimensions: 126 x 196mm
  • Publication Date: 04 Jun 2026
  • Publisher: Little, Brown Book Group
  • Publication City/Country: GB
  • Product Form: Paperback
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Description

Blood and Treasure is the story of the economics of conflict from the Viking Age to the war in Ukraine.

'Absolutely fascinating and totally absorbing' JAMES HOLLAND
'A brilliant book' MARTIN WOLF, FINANCIAL TIMES CHIEF ECONOMICS EDITOR
'Chock full of marvellous nuggets, this fascinating book is both important and surprisingly cheering' ED CONWAY
'A delightfully quirky approach to military history' SPECTATOR

Wars are expensive, both in human terms and monetary ones. But while warfare might be costly it has also, at times, been an important driver of economic change and progress. Over the long span of history nothing has shaped human institutions - and thus the process of economic development - as much as war and violence.

Blood and Treasure looks at the history and economics of warfare from the Viking Age to the war in Ukraine, examining how incentives and institutions have changed over time. Along the way it asks whether Genghis Khan should be regarded as the father of globalisation, explains how New World gold and silver kept Spain poor, asks if handing out medals hurt the Luftwaffe in the Second World War and assesses if economic theories helped to create a tragedy in Vietnam.
About Duncan Weldon
Duncan Weldon is a writer and broadcaster. As a journalist he has previously covered the British and global economies at The Economist and the BBC as well as writing and presenting radio documentaries. An economist by background, he began his career at the Bank of England, before working in asset management and public policy. He is a member of the advisory board of the Centre for the Analysis of Comparative Advantage in the Global Economy at Warwick University. He is also a regular commentator on television and radio and writes for a variety of publications. His first book, Two Hundred Years of Muddling Through, was published in 2021.

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