"Historiographically, this book rests on the fact that European transitions to modern economic growth were obstructed and promoted by the Revolution in France and 15 years of geopolitical conflict sustained by Napoleon in order to establish French Hegemony over the states and economies of...

We analyze a general commitment problem inherent to the formation of tax states: How can a state credibly promise to use tax revenues for pre-specified purposes? At the start of the early modern period in Europe, monarchs controlled expenditure. Where parliaments controlled taxation, the result...