For the greater part of recorded history the most successful and powerful states were autocracies; yet now the world is increasingly dominated by democracies. In A Free Nation Deep in Debt, James Macdonald provides a novel answer for how and why this political transformation occurred. The pressures of war finance led ancient states to store up treasure; and treasure accumulation invariably favored autocratic states. But when the art of public borrowing was developed by the city-states of medieval Italy as a democratic alternative to the treasure chest, the balance of power tipped. From that point on, the pressures of war favored states with the greatest public creditworthiness; and the most creditworthy states were invariably those in which the people who provided the money also controlled the government. Democracy had found a secret weapon and the era of the citizen creditor was born. Macdonald unfolds this tale in a sweeping history that starts in biblical times, passes via medieval Italy to the wars and revolutions of the seventeenth and eighteenth centuries, and ends with the great bond drives that financed the two world wars.
Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.
Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.
Spese di spedizione:
EUR 3,74
In U.S.A.
Descrizione libro Paperback. Condizione: new. New. Fast Shipping and good customer service. Codice articolo Holz_New_0691126321
Descrizione libro Paperback. Condizione: new. New. Codice articolo Wizard0691126321
Descrizione libro Condizione: new. Codice articolo FrontCover0691126321
Descrizione libro Paperback. Condizione: new. New Copy. Customer Service Guaranteed. Codice articolo think0691126321
Descrizione libro Condizione: New. Codice articolo 4026668-n
Descrizione libro PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo WP-9780691126326
Descrizione libro Condizione: New. Book is in NEW condition. Codice articolo 0691126321-2-1
Descrizione libro Condizione: New. New! This book is in the same immaculate condition as when it was published. Codice articolo 353-0691126321-new
Descrizione libro paperback. Condizione: New. Language: ENG. Codice articolo 9780691126326
Descrizione libro Condizione: New. For the greater part of recorded history, the most successful and powerful states were autocracies; yet the world is increasingly dominated by democracies. This book provides a novel answer for how and why this political transformation occurred. It presents a history that starts in biblical times. Num Pages: 576 pages, 18 line illus. 22 tables. BIC Classification: HBG; KCZ. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 229 x 150 x 35. Weight in Grams: 934. . 2006. 1st Princeton Ed. Paperback. . . . . Codice articolo V9780691126326