The National Debt: A Short History

October 30, 2020
The National Debt: A Short History

While it is central to today's politics, few people fullyunderstand the National Debt and its role in shaping the course ofBritish history. Without it, Britain would not have gained-andlost-two empires, nor won its wars against France and Germany. ButBritain has also been molded by attempts to break free of the Debt,from postwar Keynesian economics to today's austerity. MartinSlater writes a vivid tale colored with some of the most dramaticincidents and personalities of Britain's past-from clashes betweenKing and Parliament, American independence and war in Europe, tothe abolition of slavery, the development of the Union and the roleof leading figures such as Pitt, Gladstone, Adam Smith and Keynes.From medieval times to the 2008 financial crash and beyond, TheNational Debt explores the changing fortunes of the Debt, andso of Great Britain.