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"One of the most important books on political regimes written in a generation."—Steven Levitsky, New York Times–bestselling author of How Democracies Die

A new understanding of how and why early democracy took hold, how modern democracy evolved, and what this history...

A groundbreaking history of why governments do—and don't—tax the rich

States of Credit provides the first comprehensive look at the joint development of representative assemblies and public borrowing in Europe during the medieval and early modern eras. In this pioneering book, David Stasavage argues that...