Jump to ContentJump to Main Navigation
Lending to the Borrower from HellDebt, Taxes, and Default in the Age of Philip II$
Users without a subscription are not able to see the full content.

Mauricio Drelichman and Hans-Joachim Voth

Print publication date: 2014

Print ISBN-13: 9780691151496

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691151496.001.0001

Show Summary Details
Page of

PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in HSO for personal use (for details see www.princeton.universitypressscholarship.com/page/privacy-policy).date: 13 December 2018

Lending to the Sound of Cannon

Lending to the Sound of Cannon

(p.9) Chapter 1 Lending to the Sound of Cannon
Lending to the Borrower from Hell

Mauricio Drelichman

Hans-Joachim Voth

Princeton University Press

This chapter discusses wartime spending and the rise of the fiscal-military state. The need to borrow was intimately related to the cost of war. After 1500, a “military revolution” transformed warfare in Europe. The invention of gunpowder meant that old medieval city walls no longer offered protection. The increasing use of cannon therefore required an entirely new set of protective walls. These new fortifications meant that wars became longer, with many sieges lasting more than a year. Then, the rise of firearms translated into a need to train soldiers. All these changes—the arms used, the rise of permanent, large armies and navies, new fortifications, and high frequency and great length of conflict—made wars vastly more expensive. Success in war therefore depended in the early modern period on financial resources. Eventually, states run by a successful military-fiscal complex dominated the map of Europe.

Keywords:   wartime spending, fiscal-military state, military revolution, financial resources, firearms, armies, fortifications

Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.