@article{1481710,
      recid = {1481710},
      author = {Wennerlind, Carl,},
      title = {Casualties of Credit : The English Financial Revolution,  1620-1720 /},
      pages = {1 online resource},
      abstract = {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.},
      url = {http://library.usi.edu/record/1481710},
      doi = {https://doi.org/10.4159/harvard.9780674062665},
}