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A Free Nation Deep in Debt: The Fin..., Macdonald, Jame

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Last updated on 14 May, 2025 16:19:26 BSTView all revisionsView all revisions

Item specifics

Condition
Very Good: A book that has been read and does not look new, but is in excellent condition. No ...
Title
A Free Nation Deep in Debt: The Financial Roots Of Democracy
Book Title
A Free Nation Deep in Debt: The Financial Roots Of Democracy
ISBN
0691126321
EAN
9780691126326
Binding
Paperback / softback
Date of Publication
2006-05-22
Release Title
A Free Nation Deep in Debt: The Financial Roots Of Democracy
Artist
Macdonald, James
Brand
N/A
Colour
N/A
Publication Year
2006
Type
Textbook
Format
Paperback
Language
English
Publication Name
A Free Nation Deep in Debt: the Financial Roots of Democracy
Item Height
229 mm
Author
James Macdonald
Publisher
Princeton University Press
Subject
Economics, Politics, History
Item Weight
907 g
Item Width
152 mm
Number of Pages
576 Pages

About this product

Product Information

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.

Product Identifiers

Publisher
Princeton University Press
ISBN-13
9780691126326
eBay Product ID (ePID)
87217364

Product Key Features

Number of Pages
576 Pages
Publication Name
A Free Nation Deep in Debt: the Financial Roots of Democracy
Language
English
Subject
Economics, Politics, History
Publication Year
2006
Type
Textbook
Author
James Macdonald
Format
Paperback

Dimensions

Item Height
229 mm
Item Weight
907 g
Item Width
152 mm

Additional Product Features

Country/Region of Manufacture
United States
Title_Author
James Macdonald

Item description from the seller

Seller business information

I certify that all my selling activities will comply with all EU laws and regulations.
VAT number: DE 281042328, EL 996857788, ES N8267548I, FR 27823676960, GB 922696893, IT 00185819992
CRN: 06437594
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