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Item Details
Title: MARKETING SOVEREIGN PROMISES
MONOPOLY BROKERAGE AND THE GROWTH OF THE ENGLISH STATE
By: Gary W. Cox
Format: Hardback

List price: £99.00
Our price: £89.10
Discount:
10% off
You save: £9.90
ISBN 10: 1107140625
ISBN 13: 9781107140622
Availability: Usually dispatched within 1-3 weeks.
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Stock: Currently 0 available
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 9 May, 2016
Series: Political Economy of Institutions and Decisions
Pages: 175
Description: This book offers a new theory of state growth, based on the creation of credible and prudent state budgets.
Synopsis: How did England, once a minor regional power, become a global hegemon between 1689 and 1815? Why, over the same period, did she become the world's first industrial nation? Gary W. Cox addresses these questions in Marketing Sovereign Promises. The book examines two central issues: the origins of the great taxing power of the modern state and how that power is made compatible with economic growth. Part I considers England's rise after the revolution of 1689, highlighting the establishment of annual budgets with shutdown reversions. This core reform effected a great increase in per capita tax extraction. Part II investigates the regional and global spread of British budgeting ideas. Cox argues that states grew only if they addressed a central credibility problem afflicting the Ancien Regime - that rulers were legally entitled to spend public revenue however they deemed fit.
Illustrations: 21 b/w illus. 14 tables
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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