A dive into the origins, management, and uses and misuses of sovereign debt through the ages. Public debts have exploded to levels unprecedented in modern histo

This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the publi

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This book analyzes public debt from a political, historical, and global perspective. It demonstrates that public debt has been a defining feature in the constru

We consider public debt from a long-term historical perspective, showing how the purposes for which governments borrow have evolved over time. Periods when debt