Was There a Solution to the Ancien Régime's Financial Dilemma?
重新评估法国旧制度最后二十年的财政政策,认为1780年代中期前的改革和预算政策本可避免1788/89年的严重危机,但被保守财长放弃。
The fiscal policy accomplishments of the ancien régime during its last two decades in France have been greatly underappreciated. While the collapse of the monarchy has been attributed to persistent peacetime deficits, these did not appear until the mid-1780s when earlier reforms and successful budget policies were abandoned by reactionary finance ministers. Had the earlier policies been continued, it is unlikely that a severe crisis would have occurred in 1788/89.