French Finances 1770-1795: From Business to Bureaucracy

The monarchy of Louis XVI suffered revolution and then destruction after failing to settle its financial difficulties. What precisely were those difficulties? In this book, Professor Bosher shows that the monarchy was financed by a chaotic system of private enterprise which proved increasingly unmanageable and wasteful. Hundreds of profit-seeking accountants - 'capitalists', in the language of the time - stood in the way of reform and even of clear accounting until governments of the French...