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Mentioned in 1 episodes
A free nation deep in debt
Book • 2002
In 'A Free Nation Deep in Debt', James Macdonald examines how the development of public borrowing in medieval Italy influenced the rise of democracy.
He argues that states with strong public creditworthiness, where citizens controlled the government, were more likely to succeed in times of war.
The book spans from biblical times to the bond drives of World War II, highlighting the interplay between financial systems and political structures.
He argues that states with strong public creditworthiness, where citizens controlled the government, were more likely to succeed in times of war.
The book spans from biblical times to the bond drives of World War II, highlighting the interplay between financial systems and political structures.
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Mentioned in 1 episodes
Mentioned by Gregory Makoff, who was told by a BlackRock manager that 'this is the best book'.

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