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Money,
War, Public Projects and Public Debt
The history of the financing of large constructions from the
pyramids and Great Wall of China, through the cathedrals and palaces
of the middle ages to the railroads, road systems and power networks
of modern times, as well as the financing of wars since the times
of the Egyptian Empire has been a history of taxation and debt.
The change from debt of the monarch to public debt which began in
England in the 17th century marks the beginning of the exponential
growth of modern public finance.
In this display there are opportunities for interactive games illustrating
alternative war financing.
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