Bankrupt of Empire: Mexican Silver and the Wars Between Spain, Britain, and France, 1760-1810. Carlos Marichal .
The importance of the Spanish American economy to the finances of the Spanish Crown has been studied for long time. In Bankruptcy of Empire: Mexican Silver and the Wars between Spain, Britain, and France, 1760-1810, Carlos Marichal goes in depth into this issue, arguing that “the enormous extraction of Mexican silver… was used mainly to finance an extraordinary succession of wars between Spain, Britain, and France.” He focuses on Mexico because, he states, “in terms of colonial tax productivity, it is hard to find examples in history that surpass Mexico in the eighteenth century.” By focusing in British and French empires, Marichal hopes to contribute to the growing field of transatlantic history.
Karin Sánchez Manríquez
University of Texas at Austin
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