Fiscal Federalism: Local Debt and the Construction of the Modern State in the United States and France
This chapter examines the massive accumulation of local public debt in France and the United States during the latter decades of the nineteenth century, identifying it as a primary technology for mobilizing resources, enhancing state power, and spurring e
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A World of Public Debts A Political History edited by
Nicolas Barreyre Nicolas Delalande
Palgrave Studies in the History of Finance Series Editors D’Maris Coffman Bartlett Faculty of Built Environment University College London London, UK Tony K. Moore ICMA Centre, Henley Business School University of Reading Reading, UK Martin Allen Department of Coins and Medals, Fitzwilliam Museum University of Cambridge Cambridge, UK Sophus Reinert Harvard Business School Cambridge, MA, USA
The study of the history of financial institutions, markets, instruments and concepts is vital if we are to understand the role played by finance today. At the same time, the methodologies developed by finance academics can provide a new perspective for historical studies. Palgrave Studies in the History of Finance is a multi-disciplinary effort to emphasise the role played by finance in the past, and what lessons historical experiences have for us. It presents original research, in both authored monographs and edited collections, from historians, finance academics and economists, as well as financial practitioners. More information about this series at http://www.palgrave.com/gp/series/14583
Nicolas Barreyre • Nicolas Delalande Editors
A World of Public Debts A Political History
Editors Nicolas Barreyre Mondes Américains/CENA EHESS Paris, France
Nicolas Delalande Centre d’Histoire Sciences Po Paris, France
ISSN 2662-5164 ISSN 2662-5172 (electronic) Palgrave Studies in the History of Finance ISBN 978-3-030-48793-5 ISBN 978-3-030-48794-2 (eBook) https://doi.org/10.1007/978-3-030-48794-2 © The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2020 Chapters 13 and 19 are licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/). For further details see license information in the chapter. This work is subject to copyright. All rights are solely and exclusively licenced by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made.
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