The Rise and Fall of the Great Powers: Economic Change and Military Conflict from 1500 to 2000
About national and international power in the "modern" or Post Renaissance period. Explains how the various powers have risen and fallen over the 5 centuries since the formation of the "new monarchies" in W. Europe.
"From the Trade Paperback edition.
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Each of them took his “ cut " before passing the monies on to a higher level ; each
of them also received 5 percent interest on the price he had paid for office in the
first place ; and many of the more senior officials were charged with paying out ...
... arbitrary actions against the holders of short - term and longterm bills caused
bankers to demand — and a desperate French state to agree to rates of interest
far above those charged to the British and many other European governments .
... extraordinary rises in the deficit , and consequently in the national debt , as
shown in Table 49 . Table 49 . U . S . Federal Deficit , Debt , and Interest , 1980 –
1985236 ( billions of dollars ) Deficit Debt Interest on Debt 1980 59 . 6 914 . 3 · 52
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Yale historian Kennedy surveys the ebb and flow of power among the major states of Europe from the 16th centurywhen Europe's preeminence first took shapethrough and beyond the present erawhen great ... Read full review
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