Mountains of debt : crisis and change in renaissance Florence, Victorian Britain, and postwar America

by Michael Veseth

Paper Book, 1990

Call number



New York : Oxford University Press, 1990.


Like the United States today, Renaissance Florence and Victorian Britain were the richest, most dynamic economic systems of their times. Yet each succumbed to a fiscal crisis brought on by public debt and taxation and eventually fell into long-term economic decline. Now, public debt andtaxation dominate the America policy agenda. Must the United States follow the same dismal pattern of fiscal crisis and economic decline? Mountains of Debt argues that it is not too late for the United States to change directions and suggests a comprehensive program for reform of American fiscalinstitutions that



Physical description

vii, 246 p.; 25 cm


0195064208 / 9780195064209


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