という論文をMostly Economicsが紹介している。原題は「Not an ordinary bank but a great engine of state: The Bank of England and the British economy, 1694-1844」で、著者はPatrick K. O’Brien(LSE)、Nuno Palma(マンチェスター大)。 以下はその要旨。 From its foundation as a private corporation in 1694 the Bank of England extended large amounts of credit to support the British private economy and to support an increasingly centralized British state