#63944
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.

Mentioned by

Mentioned in 1 episodes

Mentioned by Gregory Makoff, who was told by a BlackRock manager that 'this is the best book'.
137 snips
Why Argentina Needs Bailout After Bailout After Bailout

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app