A timely call for recovering the true meanings of the nineteenth-century terms that are hobbling current political debates. Nationalism, conservatism, liberalism, socialism, and capitalism are among the most fiercely debated ideas in contemporary politics. Since these concepts hark back to the...

Domestic (but not foreign) borrowing became cheaper after the 17th century financial revolution. Trilemmas present a way of weighing the losses and gains from trade-offs from capital openness. The policy limitations on democracy resulting from capital openness may be treated analogously....

"The eminent economic historian Harold James presents a new perspective on financial crises, dividing them into "good" crises, which ultimately expand markets and globalization, and "bad" crises, which result in a smaller, less prosperous world. Examining seven turning points in financial...

Making a Modern Central Bank examines a revolution in monetary and economic policy. This authoritative guide explores how the Bank of England shifted its traditional mechanisms to accommodate a newly internationalized financial and economic system. The Bank's transformation into a modern...