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A Free Nation Deep In Debt: The Financial Roots Of Democracy,New Gaiman An ObligationFor The Greater Part Of Recorded History The Most Successful And Powerful States Were Autocracies; Yet Now The World Is Increasingly Dominated By Democracies. In A Free Nation Deep In Debt, James Macdonald Provides A Novel Answer For How And Why This Political Transformation Occurred. The Pressures Of War Finance Led Ancient States To Store Up Treasure; And Treasure Accumulation Invariably Favored Autocratic States. But When The Art Of Public
