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The National Debt
Hardcover
EconomicsInvesting & FinanceBritish History
ISBN13: 9781025358567
Publisher: Tradd Street Press
Published: Feb 14 2026
Pages: 316
Weight: 1.36
Height: 0.75 Width: 6.14 Depth: 9.21
Language: English
The National Debt is a comprehensive and authoritative study on the history and management of public liabilities. Focusing primarily on the British experience, E. L. Hargreaves traces the evolution of government borrowing from its early origins through the significant expansions necessitated by major conflicts, including the Napoleonic Wars and the First World War. The work provides a detailed examination of the mechanisms used to fund national debt, the economic implications of persistent deficits, and the various strategies employed for debt reduction and conversion.
This classic economic text explores the intricate relationship between the state, its creditors, and the broader financial system. It delves into the technicalities of annuities and sinking funds, offering readers a clear understanding of how fiscal policy shaped the financial landscape of the 18th, 19th, and early 20th centuries. The National Debt remains an essential resource for students of economic history and public finance, providing invaluable insights into the challenges of balancing national accounts and the long-term impact of public spending on a nation's prosperity. By analyzing historical precedents, Hargreaves offers a foundational perspective on the fiscal responsibilities of the state.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
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