The national debt : a short history
Slater, Martin2018
Book
In today's 'austerity era', the national debt is newsworthy once again. But this phenomenon, while central to today's politics, can be a highly technical subject. Few people fully understand its implications. Without the national debt, England would not have gained - or lost - two empires, nor prevailed in desperate wars against France and Germany. But it heavily constrained peacetime economic policies - Keynesian economics was born out of the post-war desire to break free, and 21st-century 'austerity' likewise identifies national debt as an evil. Yet it was not always so: in the peaceful 19th century, the debt was the cornerstone of Victorian financial rectitude. In this short history, Martin Slater traces the national debt for the national public. Far from dry economic theory, it is a colourful tale encompassing many of the most dramatic incidents and personalities of Britain's past.
Main title:
The national debt : a short history / Martin Slater.
Author:
Slater, Martin, author
Imprint:
London : Hurst & Company, 2018.
Collation:
256 pages ; 22 cm
ISBN:
9781849049412 (hbk)
Dewey class:
336.343341336.343
Language:
English
BRN:
2628413