Download Casualties of Credit by Carl Wennerlind (.PDF)

Casualties of Credit: The English Financial Revolution, 1620-1720 by Carl Wennerlind
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Overview: Modern credit, developed during the financial revolution of 1620¬–1720, laid the foundation for England’s political, military, and economic dominance in the eighteenth century. Possessed of a generally circulating credit currency, a modern national debt, and sophisticated financial markets, England developed a fiscal-military state that instilled fear in its foes and facilitated the first industrial revolution. Yet a number of casualties followed in the wake of this new system of credit. Not only was it precarious and prone to accidents, but it depended on trust, public opinion, and ultimately violence.
Genre: Non-Fiction > History

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