The Financial Revolution in England

A Study in the Development of Public Credit, 1688-1756

Author: P.G.M. Dickson Series: Modern Revivals in History S.

Originally published in 1967, this work offers a reconstruction of government borrowing during the first half of the 18th century. Utilizing a range of documentary sources, the author defines the nature of financial problems faced in the period and analyzes the methods adopted to overcome them.

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Originally published in 1967, this work offers a detailed reconstruction of government borrowing during the first half of the 18th century. Utilizing a range of documentary sources, the author defines the nature of financial problems faced in the period and analyzes in detail the methods adopted to overcome them. Topics covered include government short- and long-term borrowing, the emergence of public creditors and the development of the market in securities - including the origins of the Stock Exchange. This Gregg Revivals reprint of the book includes a new introduction written by the author, which updates his original study.

About the Author

P.G.M. Dickson is Emeritus Professor of Early Modern History, University of Oxford, and Emeritus Fellow of St Catherine's College. He is the author of a number of books and articles on aspects of eighteenth-century European financial history. His research has inspired a generation of historians and was celebrated in a festschrift edited by Christopher Storrs, 'The Fiscal Military State in Eighteenth-century Europe: Essays in honour of P.G.M. Dickson.'