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Modern credit, developed during the financial revolution of 1620–1720, laid the foundation for England’s political, military, and economic dominance in the eighteenth century. Possessed of a generally circulating credit currency, a modern national debt, and sophisticated financial markets, England developed a fiscal–military state that instilled fear in its foes and facilitated the first industrial revolution. Yet a number of casualties followed in the wake of this new system of credit. Not only was it precarious and prone to accidents, but it depended on trust, public opinion, and ultimately violence. Carl Wennerlind reconstructs the intellectual context within which the financial revolution was conceived. He traces how the discourse on credit evolved and responded to the Glorious Revolution, the Scientific Revolution, the founding of the Bank of England, the Great Recoinage, armed conflicts with Louis XIV, the Whig–Tory party wars, the formation of the public sphere, and England’s expanded role in the slave trade. Debates about credit engaged some of London’s most prominent turn-of-the-century intellectuals, including Daniel Defoe, John Locke, Isaac Newton, Jonathan Swift and Christopher Wren. Wennerlind guides us through these conversations, toward an understanding of how contemporaries viewed the precariousness of credit and the role of violence—war, enslavement, and executions—in the safeguarding of trust.
During the nineteenth century, Yucat&án moved effectively from its colonial past into modernity, transforming from a cattle-ranching and subsistence-farming economy to a booming export-oriented agricultural economy. Yucat&án and its economy grew in response to increasing demand from the United States for henequen, the local cordage fiber. This henequen boom has often been seen as another regional and historical example of overdependence on foreign markets and extortionary local elites. In The Making of a Market, Juliette Levy argues instead that local social and economic dynamics are the root of the region&’s development. She shows how credit markets contributed to the boom before banks (and bank crises) existed and how people borrowed before the creation of institutions designed specifically to lend. As the intermediaries in this lending process, notaries became unwitting catalysts of Yucat&án&’s capitalist transformation. By focusing attention on the notaries&’ role in structuring the mortgage market rather than on formal institutions such as banks, this study challenges the easy compartmentalization of local and global relationships and of economic and social relationships.
Counting Civilian Casualties aims to promote open scientific dialogue by high lighting the strengths and weaknesses of the most commonly used casualty recording and estimation techniques in an understandable format.
Argues that the stock market crash of 1929 and subsequent Depression occurred as a result of poor decisions on the part of four central bankers who jointly attempted to reconstruct international finance by reinstating the gold standard.
How an antisemitic legend gave voice to widespread fears surrounding the expansion of private credit in Western capitalism The Promise and Peril of Credit takes an incisive look at pivotal episodes in the West’s centuries-long struggle to define the place of private finance in the social and political order. It does so through the lens of a persistent legend about Jews and money that reflected the anxieties surrounding the rise of impersonal credit markets. By the close of the Middle Ages, new and sophisticated credit instruments made it easier for European merchants to move funds across the globe. Bills of exchange were by far the most arcane of these financial innovations. Intangible and written in a cryptic language, they fueled world trade but also lured naive investors into risky businesses. Francesca Trivellato recounts how the invention of these abstruse credit contracts was falsely attributed to Jews, and how this story gave voice to deep-seated fears about the unseen perils of the new paper economy. She locates the legend’s earliest version in a seventeenth-century handbook on maritime law and traces its legacy all the way to the work of the founders of modern social theory—from Marx to Weber and Sombart. Deftly weaving together economic, legal, social, cultural, and intellectual history, Trivellato vividly describes how Christian writers drew on the story to define and redefine what constituted the proper boundaries of credit in a modern world increasingly dominated by finance.
Innocent Casualties is a well-documented expose that blows the whistle on the FDA and its 40-year war on alternative healing that may be costing hundreds of thousands of Americans the access to the very medicines that can save their lives. Innocent Casualties manages to make the blood boil in righteous anger, because it makes the FDA’s abuse of power so personal. Ms. Feuer takes the reader step-by-step through the nonsensical tactics, deceit, and police mentality, by disclosing the cunning and underhanded means used by the FDA to appear to be serving the people while actually abetting the cause of the international drug cartel.
From the Introduction:"Look around," the drill sergeant said. "In a few years, or even a few months, several of you will be dead. Some of you will be severely wounded or so badly mutilated that your own mother can't stand the sight of you. And for the real unlucky ones, you will come home so emotionally disfigured that you wish you had died over there." It was Week 7 of Basic Training . . . 18 years old and I was preparing myself to die. They say the Army makes a man out of you - but for 18-year-old SPC Michael Anthony, that fabled rite of passage proved a very dark journey. After soliciting his parents’ approval to enlist at only 17, Anthony began his journey with an unshakeable faith in the military born of his family's long tradition of service. But when thrust into a medical unit of misfits as lost as he was, SPC Anthony not only witnessed the unspeakable horror of war—but the undeniable misconduct of the military—firsthand. Everything he ever believed in dissolved, forcing Anthony to rethink his loyalties, and ultimately risk his career—and his freedom—to challenge the military he had so firmly believed in. This searing memoir chronicles the iconic experiences that changed one young soldier forever. A seasoned veteran before the age of twenty-one, he faced the truth about the war - and himself - in this shocking and unprecedented eyewitness account.
Based on his Pulitzer Prize-winning story, Jim Sheeler's unprecedented look at the way our country honors its dead; Final SaluteIs a stunning tribute to the brave troops who have lost their lives in Iraq and Afghanistan and to the families who continue to mourn them They are the troops that nobody wants to see, carrying a message that no military family ever wants to hear. It begins with a knock at the door. "The curtains pull away. They come to the door. And they know. They always know," said Major Steve Beck. Since the start of the war in Iraq, marines like Major Beck found themselves thrown into a different kind of mission: casualty notification. It is a job Major Beck never asked for and one for which he received no training. They are given no set rules, only impersonal guidelines. Marines are trained to kill, to break down doors, but casualty notification is a mission without weapons. For Beck, the mission meant learning each dead marine's name and nickname, touching the toys they grew up with and reading the letters they wrote home. He held grieving mothers in long embraces, absorbing their muffled cries into the dark blue shoulder of his uniform. He stitched himself into the fabric of their lives, in the simple hope that his compassion might help alleviate at least the smallest piece of their pain. Sometimes he returned home to his own family unable to keep from crying in the dark. In Final Salute, Pulitzer Prize-winning journalist Jim Sheeler weaves together the stories of the fallen and of the broken homes they have left behind. It is also the story of Major Steve Beck and his unflagging efforts to help heal the wounds of those left grieving. Above all, it is a moving tribute to our troops, putting faces to the mostly anonymous names of our courageous heroes, and to the brave families who have made the ultimate sacrifice for this country. Final Saluteis the achingly beautiful, devastatingly honest story of the true toll of war. After the knock on the door, the story has only begun.
This volume of collected essays takes a new approach to this problematic subject by rethinking its broad foundations. From a variety of perspectives, its authors situate mercantilism against the backdrop of wider transformations in seventeenth-century Britain, Europe, and the Atlantic, from the scientific revolution to the expansion of empire.--