He calculates that the so-called Icelandic “financial elite” consisted of no more than 30 people. The new banks funded the politicians who had privatised them and global expansion came to follow...
Another work by Jacob Burckhardt, one published posthumously, Weltgeschichtliche Betrachtungen, translated as Force & Freedom: Reflections on History by James Hastings, Nichols, (New York 1943,...
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