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“Economic institutions shape economic incentives: the incentives to become educated, to save and invest, to innovate and adopt new technologies, and so on. It is the political process that determines what economic institutions people live under, and it is the political institutions that determine how this process works.”
― Daron Acemoğlu, Why Nations Fail: The Origins of Power, Prosperity, and Poverty

“In the process, Albuquerque was consolidating a revolutionary concept of empire. The Portuguese were always aware of how few they were; many of their early contests were against vastly unequal numbers. They quickly abandoned the notion of occupying large areas of territory. Instead, they evolved as a mantra the concept of flexible sea power tied to the occupation of defendable coastal forts and a network of bases. Supremacy at sea; their technological expertise in fortress building, navigation, cartography, and gunnery; their naval mobility and ability to coordinate operations over vast maritime spaces; the tenacity and continuity of their efforts—an investment over decades in shipbuilding, knowledge acquisition, and human resources—these facilitated a new form of long-range seaborne empire, able to control trade and resources across enormous distances. It gave the Portuguese ambitions with a global dimension.”
― Roger Crowley, Conquerors: How Portugal Forged the First Global Empire