The Prize: the Epic Quest for Oil, Money and Power by Daniel Yergin
Written 12 December I heard about this book rather in passing while listening to an an episode of Demitry Kafinas’s Hidden Forces podcast. It is a big read and took some time to get through. It covers the history of the oil industry from the second half of the nineteenth century. What a story it is, huge in scale, immense in its impact on humanity and central to any serious reading of economics and politics. Of course everyone professes to know how important oil is, but this book really does convey that its importance is far more foundational than we...