Fr. 236.00

Credit and Power - The Paradox At the Heart of the British National Debt

Englisch · Fester Einband

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Beschreibung

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This book reveals the role that credit played in the raising of British war loans between 1793 and 1815. It shows how, paradoxically, the government's creditors had very little "real" money to lend and were often reliant for their own solvency upon the very government to which they were lending.

Inhaltsverzeichnis

1. Context: The Financial Revolution 2. The Bank of England and the Suspension of Cash Payments (1797–1821) 3. Government Loan Contracting, 1793–1810 4. The House of Rothschild 5. Taxation 6. Peace and Its Consequences, 1815–1821 7. Conclusion

Über den Autor / die Autorin

Simon Sherratt is an economic historian interested in the National Debt, government loan-contracting, credit and "money creation."

Zusammenfassung

This book reveals the role that credit played in the raising of British war loans between 1793 and 1815. It shows how, paradoxically, the government’s creditors had very little "real" money to lend and were often reliant for their own solvency upon the very government to which they were lending.

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