In 1644, after close to three centuries of relative stability and prosperity, the Ming dynasty collapsed. Many historians attribute its demise to the Manchu invasion of China, but the truth is far more profound. The Price of Collapse provides an entirely new approach to the economic and social history of China, exploring how global climate crisis spelled the end of Ming rule. The mid-seventeenth century witnessed the deadliest phase of the Little Ice Age, when temperatures and rainfall plunged and world economies buckled. Timothy Brook draws on the history of grain prices to paint a gripping portrait of the final tumultuous years of a once-great dynasty.

The Tale of Chen Qide --Halcyon Days? The Wanli price regime -- Silver, prices, and maritime trade -- The famine price of grain -- The Chongzhen price surge.