Article,
The French Revolution and the Politics of Government Finance, 1770-1815
The Journal of Economic History, 55 (2): 227--255 (June 1995)
Abstract
Although largely neglected in most histories of the French Revolution, the central government's persistent budget deficit was a factor of paramount importance. The fiscal crisis inherited from the monarchy defied solution because of the war of attrition fought by economic interest groups. The struggle produced radical changes in macroeconomic policy to shift the burden of adjustment, altering the course of and prolonging the Revolution.
