Money, Debt and Politics: The Bank of Lisbon and the Portuguese Liberal Revolution of 1820.

Coutinho, Mauricio C.

José Luís Cardoso's book, Money, Debt and Politics: The Bank of Lisbon and the Portuguese Liberal Revolution of 1820, provides a comprehensive look at the monetary history of Portugal and the establishment of the Bank of Lisbon. The book explores the political events that led to the Porto Liberal Revolution and the reorganization of the Portuguese monetary circulation. It also highlights the efforts of Portuguese economists to introduce the teachings of political economy to their country. The book delves into the history of Portuguese banking, the debates surrounding circulation and public debt, and the operations of the Bank of Lisbon. It situates these events within the unique political and economic context of Portugal and its major colony, Brazil. The book emphasizes the importance of understanding the historical and political environments in which monetary institutions operate and the influence of economic ideas in different national contexts.

GOVERNMENT ownership of banks; BANK loans; MORTGAGE banks; ECONOMIC history; BANKING industry; COINCIDENCE

Journal of the History of Economic Thought (Cambridge University Press), 2024, Vol 46, Issue 3, p484

1053-8372

Review

10.1017/S1053837223000639