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Political Economy in the Habsburg Monarchy 1750–1774The Development of Zinzendorf’s Thinking on State Credit

Political Economy in the Habsburg Monarchy 1750–1774: The Development of Zinzendorf’s Thinking on... [This chapter sets out Zinzendorf thinking on state credit. Starting with his plans for war finance for the Seven Years’ War, the chapter traces the development of Zinzendorf’s thinking for a robust financial system for the Habsburg monarchy with equal relevance for war and peacetime. The system was based on the creation of a stock exchange together with a new independent political bank. The latter was modelled on the Bank of England. An important section of the chapter is dedicated to Zinzendorf’s detailed survey of 12 European banks which he divided into banks for the expansion of commerce, banks for the increase in the supply of money and political banks.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Political Economy in the Habsburg Monarchy 1750–1774The Development of Zinzendorf’s Thinking on State Credit

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020
ISBN
978-3-030-31006-6
Pages
135 –189
DOI
10.1007/978-3-030-31007-3_5
Publisher site
See Chapter on Publisher Site

Abstract

[This chapter sets out Zinzendorf thinking on state credit. Starting with his plans for war finance for the Seven Years’ War, the chapter traces the development of Zinzendorf’s thinking for a robust financial system for the Habsburg monarchy with equal relevance for war and peacetime. The system was based on the creation of a stock exchange together with a new independent political bank. The latter was modelled on the Bank of England. An important section of the chapter is dedicated to Zinzendorf’s detailed survey of 12 European banks which he divided into banks for the expansion of commerce, banks for the increase in the supply of money and political banks.]

Published: Mar 12, 2020

Keywords: State credit; War finance; European banks; Stock exchange; Political bank

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