Advertisement
As the war in the Middle East and throttling of maritime trade through the Strait of Hormuz continue, each passing day brings more news of nations seeking to secure their own domestic energy and food security.
Looking back through the tumultuous centuries of human history, this is nothing new, with the crisis of the 14th century proving to be a strong illustration of how nations cope in times of broad-based scarcity.
For those who are not familiar with it, it was a time often defined by trade barriers, export bans on food, social unrest, and some of the most bitterly fought conflicts of the Middle Ages in Europe.
Advertisement
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.