Originally published 05/07/2013
Andrew Edwards is a PhD student in American history at Princeton University. The opinions expressed are his own.As the euro area tries to wrestle member states into fiscal submission through bailouts, austerity and capital controls, it would be well advised to consider a historical precedent: the American Revolution.In the early 18th century, North America held a role in the British Empire that was similar to the one occupied by Cyprus or Slovenia in the euro area today. Americans were slavers, smugglers, rumrunners and fanatics -- as “opulent, commercial, thriving” as they were irresponsible and fiscally profligate. But as the empire struggled to stay solvent after the Seven Years War, the government of Prime Minister George Grenville attempted to bring the colonists to heel in the name of fiscal austerity.“The Circumstances of the Times, the Necessities of the Country, and the Abilities of the Colonies, concur in requiring an American Revenue,” wrote Thomas Whately, a Grenville ally, in 1765.
- Historian Daniel K. Williams says Democrats have a religion problem
- Bill O’Reilly – America’s best-selling “historian” – ridiculed in Harper’s for writing bad history
- Largest history festival is the UK criticized for being white and male
- Eric Foner doesn’t think much of a book that claims Lincoln moved slowly to emancipate blacks because he was a racist
- Harvard's Moshik Temkin pens op ed in the NYT warning historians not to use analogies