Financial History

Learn about the rise of capital markets and corporate governance in 18th century Europe and North America, a significant shift in global economy.

The Monetary Roots of Inflation during World War I Era, a study on how governments and central banks contributed to high levels of inflation through short-term borrowing and monetary expansion.

Bond markets' power in the late 19th century led to economic sanctions, foreign control, and even military intervention for countries defaulting on debts.

Uncover how international banking dynasty Rothschilds influenced the outcome of American Civil War through economic interests, diplomacy, and military strategy.

Learn about the rise of the Rothschild banking dynasty from its humble beginnings to becoming one of Europe's most influential financial powers.

The Rothschild family's rise to dominance in the London bond market and their impact on European history.

Explore the pivotal Battle of Waterloo and its impact on European history, along with the financial conundrum faced by the Rothschild family in the early 19th century.

The Rothschild family's extensive banking network facilitated the mobilization of gold during the Napoleonic Wars, leveraging price differences between markets through arbitrage.

Explore the challenges of transferring value across national borders during the Napoleonic Wars and the emergence of field currency as a solution.

Explore how the British national debt expanded by a factor of three between 1793 and 1815 due to extensive government borrowing during the French Revolutionary and Napoleonic Wars.

Learn about the Rothschild family's rise to power through their financial empire during the 19th century, shaping European politics, economy, and culture.

The British consol was a type of government bond issued by the British government from the late 18th century onwards, notable for its high return on investment through its perpetual bond structure and two coupon options.

Discover how government bond markets emerged during the Italian Renaissance to finance war, transforming the art of war and modern finance.

The evolution of finance in the United States is shaped by legislative decisions and economic conditions, from free banking to central banks.

Explore the Victorian British monetary system's limitations under the gold standard, its impact on economy growth, and the emergence of joint-stock banking.

Explore the history of financial development and its complex relationship with industrial growth in 17th century Europe.

Explore the causes and consequences of the Bank Run of 1834, a critical event in English financial history highlighting the dangers of unchecked lending and the importance of liquidity.

The Bank of England's establishment in 1694 revolutionized modern finance by converting government debt into shares and establishing a joint-stock basis.

The Swedish Riksbank pioneered fractional reserve banking in 1656, combining commercial payment services with lending to drive economic growth.

Learn about the emergence of central banks in Northern Europe, their impact on trade and commerce, and how they influenced monetary policy.