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A Free Nation Deep in Debt: The Financial Roots of Democracy by James Macdonald

Posted By: Free butterfly
A Free Nation Deep in Debt: The Financial Roots of Democracy by James Macdonald

A Free Nation Deep in Debt: The Financial Roots of Democracy by James Macdonald
English | Jan. 8, 2003 | ISBN: 0374171432 | 576 Pages | PDF | 10 MB

Nowadays, the idea that the way a country borrows its money is connected to what kind of government it has comes as a surprise to most people. But in the eighteenth century it was commonly accepted that public debt and political liberty were intimately related. In A Free Nation Deep in Debt, James Macdonald explores the connection between public debt and democracy in the broadest possible terms.