Three Crises In Early English History

Bridges the gap between the brief coverage of the events in textbooks of English history and whole books on each, which students often lack both the money and the time to read. Also offers general readers succinct accounts along with analysis and discussion of recent scholarship. Examines the events leading up to the 11th-century establishment of Norman kings, the 1205 signing of the Magna Carta, and the beginning of the Tudor dynasty in 1485. Annotation copyrighted by Book News, Inc., Portland, OR

Paul C. H. Lim offers an insightful examination of the polemical debates about the doctrine of the Trinity in seventeenth-century England, showing that this philosophical and theological re-configuration significantly impacted the politics of religion in the early modern period. Through analysis of these heated polemics, Lim shows how Trinitarian God-Talk became untenable in many ecclesiastical and philosophical circles, which led to the emergence of Unitarianism. He also demonstrates that those who continued to embrace Trinitarian doctrine articulated their piety and theological perspectives in an increasingly secularized culture of discourse. Drawing on both unexplored manuscripts and well-known treatises of Continental and English provenance, he unearths the complex layers of the polemic: from biblical exegesis to reception history of patristic authorities, from popular religious radicalism during the Civil War to Puritan spirituality, from Continental Socinians to English anti-trinitarians who avowed their relative independent theological identity, from the notion of the Platonic captivity of primitive Christianity to that of Plato as "Moses Atticus." Among this book's surprising conclusions are the findings that Anti-Trinitarian sentiment arose from a Puritan ambience, in which Biblical literalism overcame rationalistic presuppositions, and that theology and philosophy were not as unconnected during this period as previously thought. Mystery Unveiled will fill a significant lacuna in early modern English intellectual history.

England on Edge traces the collapse of the government of Charles I, the disintegration of the established church, and the accompanying cultural panic that led to civil war. Focused on the years 1640 to 1642, it examines social and religious turmoil and the emergence of an unrestrained popular press. Hundreds of people not normally seen in historical surveys make appearances here, in a drama much larger than the struggle of king and parliament.

The 2008 financial crisis has become one of the defining features of the twenty first century’s first decade. The series of events which unfolded in the aftermath of the crisis has exposed major structural flaws in many of the financial systems around the globe, triggering a global call for legal and regulatory reforms to address the problems that have been uncovered. This book deals with a neglected angle of the 2008 financial crisis looking in-depth at the implicit effects of the 2008 crisis on the UK financial market. The book considers new trends in finance which have emerged since the crisis as well as the challenges faced by some older practices in the UK financial markets. After providing a reflective account of the history of law and creditors in the UK the book investigates the proliferation of certain forms of financing that have recently become very visible parts of the UK financial market’s structure, such as high cost short term lending and peer to peer lending. It provides legal and economic accounts of these forms of alternative lending, charting their developments, current status and critically assesses their impact on the UK financial market. Also examined are the ongoing funding difficulties faced by Small and Medium Enterprises (SMEs) and the suitability of the UK current legal framework to support these institutions. The book goes on to look at the viability and safety of some other post crisis trends such as banks use of Contingent Convertible Bonds (CoCos) to improve their resilience.

Nowadays remembered mostly through Adam Smith’s references to the short-lived Ayr Bank in the Wealth of Nations, the 1772-3 financial crisis was an important historical episode in its own right, taking place during a pivotal period in the development of financial capitalism and coinciding with the start of the traditional industrialisation narrative. It was also one of the earliest purely financial crises occurring in peacetime, and its progress showed an impressive geographical reach, involving England, Scotland, the Netherlands and the North American colonies. This book uses a variety of previously unpublished archival sources to question the bubble narrative usually associated with this crisis, and to identify the mechanisms of financial contagion that allowed the failure of a small private bank in London to cause rapid and severe distress throughout the 18th century financial system. It re-examines the short and turbulent career of the Ayr Bank, and concludes that its failure was the result of cavalier liability management akin to that of Northern Rock in 2007, rather than the poor asset quality alleged in existing literature. It furthermore argues that the Bank of England’s prompt efforts to contain the crisis are evidence of a Lender of Last Resort in action, some thirty years before the classical formulation of the concept by Henry Thornton.