Acknowledgements -- Foreword -- Introduction -- Changing strategies and global power in the long eighteenth century -- Eighteenth-century realities and historiographical approaches -- Administering the fiscal-military state : ordinary revenues : trusting in a consumers world -- Increasing...

The fiscal theory states that inflation adjusts so that the real value of government debt equals the present value of real primary surpluses. Monetary policy remains important. The central bank can set an interest rate target, which determines the path of expected inflation, while news about the...

1. Changing strategies and global power in the long eighteenth century -- 2. Eighteenth-century realities and historiographical approaches -- 3. Administering the fiscal-military state : ordinary revenues : trusting in a consumers world -- 4. Increasing revenue through administration change :...