In Kings, Knights, and Bankers, Richard Kaeuper presents a lifetime of medieval research on Italian financiers, English kingship, chivalric violence, and knightly piety. His foundational work on public finance connects Italian merchant banking with the growth of state power at the turn of the fourteenth century. Subsequent articles on law and order offer measured contributions to the continuing debate over the growth of governance and its relationship with contemporary disorder. He also convincingly proves that knights, the foremost military professionals of the medieval world, considered their prowess as both a source of honor and of sanctification. All interested in the history of medieval chivalry, governance, piety, and public finance can learn from this impressive collection of articles.

As the year 1326 draws to a close, London is in flames. King Edward II is a prisoner, and the forces of his vengeful queen, Isabella, and her lover Sir Roger Mortimer, are in the ascendant. The Bardi family, bankers who have funded the King, must look to their future with the Queen, steering a careful course between rival factions – if, that is, they can keep themselves alive. Others, too, find their loyalties torn. Guarding the deposed King on behalf of Mortimer, Sir Baldwin de Furnshill and bailiff Simon Puttock find themselves entangled in a tightening net of conspiracy, greed, betrayal and murder.

What the loans and defaults of a sixteenth-century Spanish king can tell us about sovereign debt today Why do lenders time and again loan money to sovereign borrowers who promptly go bankrupt? When can this type of lending work? As the United States and many European nations struggle with mountains of debt, historical precedents can offer valuable insights. Lending to the Borrower from Hell looks at one famous case—the debts and defaults of Philip II of Spain. Ruling over one of the largest and most powerful empires in history, King Philip defaulted four times. Yet he never lost access to capital markets and could borrow again within a year or two of each default. Exploring the shrewd reasoning of the lenders who continued to offer money, Mauricio Drelichman and Hans-Joachim Voth analyze the lessons from this important historical example. Using detailed new evidence collected from sixteenth-century archives, Drelichman and Voth examine the incentives and returns of lenders. They provide powerful evidence that in the right situations, lenders not only survive despite defaults—they thrive. Drelichman and Voth also demonstrate that debt markets cope well, despite massive fluctuations in expenditure and revenue, when lending functions like insurance. The authors unearth unique sixteenth-century loan contracts that offered highly effective risk sharing between the king and his lenders, with payment obligations reduced in bad times. A fascinating story of finance and empire, Lending to the Borrower from Hell offers an intelligent model for keeping economies safe in times of sovereign debt crises and defaults.

What if the ousted kings of England, the Stuarts, had claimed the North American colonies? We might have been free of the English a century earlier--no revolution needed! What set up this possibility? How did it happen that those foolish, brave, and unlucky Stuarts did everything wrong to ensure that their Scottish subjects migrated to North America as soon as there were any ships going in that direction? This amusing book is full of lost causes, wrongheaded kings, and sheer incompetence. Prince Charlie wasn't bonny at all, and Mary, Queen of Scots wasn't innocent. Read all about these feckless kings of Scotland and England, and about how they gave so much to the USA.