For the greater part of recorded history the most successful and powerful states were autocracies; yet now the world is increasingly dominated by democracies. I
This timely book reveals that the budget deficits and accumulating debts that plague modern democracies reflect a clash between two rationalities of governance:
This book develops new theory about the link between debt and democracy and applies it to a classic historical comparison: Great Britain in the eighteenth centu
Over the past decades, economists have witnessed with growing uneasiness their failure to explain the ballooning of public debt in most countries. This book pro