The Carrera de Indias, considered as a set of circuits connecting Hispanic America to world markets, does not appear as a “monopoly” reserved solely for the Spanish merchants of Cadiz, but rather as a complex commercial system, structured into three autonomous segments, each of them dominated by a mercantile corporation, more or less formalized. In the central part, which linked the two shores of the Atlantic, the merchants registered in the Consulado of the Indies of Cadiz (cargadores) obviously dominated the market. However, these were in turn dominated by the merchants from the consulates of Mexico and Lima in the inland trade (comercio de tierra adentro), which linked the great American ports and fairs with the markets of the interior of the continent, and by the foreign merchants of Cadiz, structured into “nations,” in the exchanges that linked the Andalusian port with the rest of Europe and the world. Thus, the beneficiaries of the Spanish colonial trade in the second half of the eighteenth century were neither only cargadores, nor foreign “smugglers” enjoying the weakness of the Spanish empire as the historiography of the Carrera de Indias has traditionally postulated, but those three groups of traders.

After highlighting this singular structure of colonial trade in the Spanish Atlantic, we will consider the different institutional and relational factors that could explain it. Obviously, it is because the different groups of actors involved in these exchanges had a specific social, relational, cultural, and institutional capital that they had a comparative advantage over their rivals in certain segments of the Carrera de Indias circuits, and that they were able to obtain the dominant position that we observe.

This paper examines the distinctive distribution patterns of Amphore Crétoise (AC) 4 amphoras within Roman trade networks through critical assessment of the morphological attributes of this amphora type compared to AC1–3 jars and through consideration of the mechanisms that underlie these patterns. This builds on a growing number of studies that have focused on the design attributes of amphoras as important factors tied to their economic role. It also demonstrates the importance of engaging in more nuanced and detailed investigations that question assumptions about amphora distribution within the Roman world. The AC4 is the primary, and often only, Cretan type found at sites in Rome's northwestern provinces and along the Danube frontier. A narrower profile and smaller capacity appear to have made this amphora type more attractive than other Cretan forms for transport along river and overland routes.

Retracing closely the events of the life of George Frederic, king of the Miskitu (in present-day Honduras and Nicaragua) between 1816 and 1824, this article describes how this Miskitu actor sought to set up, by hiring British agents, the concrete realization of a Central American commercial and political independence project—understood here as a utopia. Although his project ended in failure, the actions of this little-known Miskitu king had repercussions in the Caribbean and beyond, even in the heart of the City of London. Concentrating on a marginal actor seldom considered by historians reveals how particular American Indigenous peoples sought to actively position themselves in the important commercial and political transformations affecting the Atlantic World in the first decades of the nineteenth century.

Between 1800 and 1820, Buenos Aires and the former colonial Viceroyalty of Rio de la Plata faced an unprecedented fiscal crisis caused by the revolutionary wars, eventually solved by levying forced loans. This paper considers the unintended institutional consequences of these loans. The novel devices allowed (1) the holders of forced-loan coupons to use these bonds to pay off debts incurred in customs duties and (2) the holders of bills of exchange involved in the provisioning of the military to use these bills to pay part of their forced loans. Starting with the conceptualisation of the institutional order as a complex system, this paper examines the interactions among the circulation of financial paper bills, the financing of war and changes in the position of the merchants' guild and the legal framework for Atlantic trade. It thereby contributes to renewing institutional change approaches in the Spanish-American context.

The Portuguese Empire was the stage for one of the largest movements of enslaved people during early modern times. Almost two millions enslaved humans were violently carried from Africa in Portuguese vessels in the eighteenth century alone. Yet, in contrast to British or French slave traders based in Europe, for which a vast literature is available, little is known about the Lisbon traders. This paper aims at filling this gap by paying attention to the trajectory of two Lisbon slave traders: Domingos Dias da Silva and José António Pereira. In recounting their biographies and their business in Africa, Brazil, and Asia, we draw attention to the active role Lisbon-based slave traders played in the financing, organisation, and carrying of slave traffic, as well as the different institutional conditions they confronted when profiting from the commerce in humans. Domingos Dias da Silva became a key state contractor in spite of his poor origins, while Pereira featured as a global broker, connecting different markets in four continents. These two agents and their diverse characteristics help shed light on the slave trade, the context in which it expanded, and on the people who conducted this infamous commerce.