A History of Credit and Power in the Western World

The "New World Order," an evolving global system that came into play at the end of the Cold War, overlooked the powerful role of credit, which functions as a critical building block for developing greater national and individual wealth. A History of Credit and Power in the Western World examines the evolution of credit in the Western world and its relationship to political and social power. Spanning several centuries of human endeavor, the authors focus on Western Europe and the United States and also consider how the Western system became the global credit system

Scott B. MacDonald is director of research at Aladdin Capital Holdings. Inc. Albert L. Gastmann taught political science, international law, comparative government, international politics, and Caribbean and Latin American politics at Trinity College in Hartford, Connecticut