Prometheus Shackled: Goldsmith Banks and England's Financial Revolution After 1700

by Peter Temin and Hans-Joachim Voth

After 1688, Britain underwent a revolution in public finance, and the cost of borrowing declined sharply. Leading scholars have argued that easier credit for the government, made possible by better property-rights protection, lead to a rapid expansion of private credit. The Industrial Revolution, according to this view, is the result of the preceding revolution in public finance.
In Prometheus Shackled, prominent economic historians Peter Temin...

• Format: Hardcover
• Language: English
• ISBN: 019994427X
• ISBN13: 9780199944279
• Release Date: January 2013
• Publisher: Oxford University Press
• Length: 224 Pages
• Weight: 1.00 lbs.
• Dimensions: 0.7" x 6.3" x 9.3"