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A Free Nation Deep in Debt: The Financial Roots of Democracy
James Macdonald
€ 65.07
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Description for A Free Nation Deep in Debt: The Financial Roots of Democracy
Paperback. 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.
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 ... Read more
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 ... Read more
Product Details
Publisher
Princeton University Press United States
Number of pages
576
Format
Paperback
Publication date
2006
Condition
New
Weight
934g
Number of Pages
576
Place of Publication
New Jersey, United States
ISBN
9780691126326
SKU
V9780691126326
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About James Macdonald
James Macdonald was an investment banker for many years. He lives in Oxford, England.
Reviews for A Free Nation Deep in Debt: The Financial Roots of Democracy
"Remarkable... [This] book could scarcely be more comprehensive... Since Macdonald was for many years a British investment banker, he has a hands-on feel for his subject. But he has not allowed his technical expertise to get in the way of his lucid prose: his argument is readily accessible to a lay reader. And that argument is convincing."
Gordon S. Wood, New ... Read more
Gordon S. Wood, New ... Read more