The Foreign Debt of English Literature

The Foreign Debt of English Literature

Author: Thomas George Tucker

Publisher: Library of Alexandria

Published: 2020-09-28

Total Pages: 203

ISBN-13: 1465594493

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A just appreciation of any modern European literature is not to be derived from the study of that literature alone. Not one has grown up spontaneously and independently from the soil of the national genius. Some seeds at least have come from elsewhere. Often whole forms of writing have been transplanted bodily. We must particularly recognize these truths when dealing with English literature. The basis of the English mind is chiefly Teutonic, in some measure Celtic. If the English genius had been left to itself, to develop its spiritual and intellectual creations in its own way, English literature would have been a very different thing in both substance and form. But in reality English literary history is the story of the Teutonic and Celtic tendencies “corrected and clarified,” and the Teutonic and Celtic invention immensely assisted, by influences and ideas flowing in from other sources. There have been large ingraftings from other stocks, either partially kindred or altogether alien—from Greeks, Romans, Italians, French, Spaniards, Germans, as well as from Hebrews and other Orientals. All sound study is comparative. We must place other literatures beside our own, if we desire to appraise rightly our national genius, its capacities, and its creations. We find our English writers composing their works in certain forms, and giving expression to a certain range of ideas. How came they to employ these particular forms of creation? How did they arrive at these particular ideas? How is it with other nations? Have they built upon the same lines and with the same materials, or how is it with them? Have we borrowed from them, or they from us? If there have been borrowings, when and in what measure did they occur? Looking back over the changes of spirit and form which our poetry, for example, has undergone, we shall encourage altogether false notions of the causes of such changes, unless we see how, every now and then, a shower of new ideas, a stream of new light, has come in from abroad. Most readers know in some vague way that Chaucer avows or betrays his debts to France and Italy; that Shakespeare did not invent his own plots, but borrowed from Italians, from Plautus, from Plutarch, and others; that Milton was steeped in the Greek, Latin, and Italian classics. But we want to know more than this. We want to perceive with some definiteness how far the whole course of English literature has been enriched by tributary streams, and what sort of waters they brought. It would be instructive to draw a diagram of our literary history; to liken it to the course of a river, and to picture its various fountain-heads and tributaries pouring in their several quotas at their several times. In all modern literatures there is a large proportion which is unoriginal to them. Milton has been mentioned already. Those who read only English works find Milton full of nobility of thought and imagery. Yet, before Milton produced his greater poems, he had read, re-read, and deliberately steeped himself in, the literature of Greece, Rome, modern Italy, and France. Precisely how much of Milton is made up of Homer, Euripides, Virgil, Dante, Ariosto, and other predecessors, can only be known to such as have those authors at their finger-ends. Shelley, again, is commonly regarded as one of the most daringly original of English writers. Yet Shelley’s mind was an amalgam of himself, Homer, Euripides, Plato, Virgil, Dante, Calderon, Goethe; and this, once more, is but another way of saying that it had incorporated the genius of generations of Greeks, Romans, Spaniards, Italians, and Germans. We cannot therefore arrive at the true genius of Milton or of Shelley, or speak understandingly of their originality, until we have surveyed those other literatures and their relations with our own. Let us, indeed, claim with a proper national pride that the influence of English literature, of our Shakespeare, our Bacon, our Locke, our Byron, upon foreign writers has been profound. Her debt to modern literature has been repaid by England, and, at least in the influence of Shakespeare, more than repaid. But with that question we are not here concerned.


Global Waves of Debt

Global Waves of Debt

Author: M. Ayhan Kose

Publisher: World Bank Publications

Published: 2021-03-03

Total Pages: 403

ISBN-13: 1464815453

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The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.


External debt

External debt

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1988-03-15

Total Pages: 186

ISBN-13: 9789264130395

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This book is intended to provide the user of debt statistics with a comparative description fo the statistics collected by the Bank for International Settlements, the International Monetary Fund, the Organization for Economic Cooperation and Development, and the World Bank. It discusses how these statistics are gathered, why they take the form they do, and how they relate to each other.


Credit and Debt in Medieval England c.1180-c.1350

Credit and Debt in Medieval England c.1180-c.1350

Author: Phillipp Schofield

Publisher: Oxbow Books

Published: 2002-08-07

Total Pages: 175

ISBN-13: 1785704044

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The essays in this volume look at the mechanics of debt, the legal process, and its economics in early medieval England. Beneath the elevated plane of high politics, affairs of the Crown and international finance of the Middle Ages, lurked huge numbers of credit and debt transactions. The transactions and those who conducted them moved between social and economic worlds; merchants and traders, clerics and Jews, extending and receiving credit to and from their social superiors, equals and inferiors. These papers build upon an established tradition of approaches to the study of credit and debt in the Middle Ages, looking at the wealth of historical material, from registries of debt and legal records, to parliamentary roles and statues, merchant accounts, rents and leases, wills and probates. Four of the six papers in this volume were given at a conference on 'Credit and debt in medieval and early modern England' held in Oxford in 2000. The other two papers draw upon new important postgraduate theses. Contents: Introduction (Phillipp Schofield) ; Aspects of the law of debt, 1189-1307 (Paul Brand) ; Christian and Jewish lending patterns and financial dealings during the twelfth and thirteenth centuries (Robin R. Mundill) ; Some aspects of the business of statutory debt registries, 1283-1307 (Christopher McNall) ; The English parochial clergy as investors and creditors in the first half of the fourteenth century (Pamela Nightingale) ; Access to credit in the medieval English countryside (Phillipp Schofield) ; Creditors and debtors at Oakington, Cottenham and Dry Drayton (Cambridgeshire), 1291-1350 (Chris Briggs) .


Trade, Development, and Foreign Debt

Trade, Development, and Foreign Debt

Author: Michael Hudson

Publisher: Pluto Press (UK)

Published: 1992

Total Pages: 330

ISBN-13:

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This text presents an alternative history of the major theoretical concepts that have shaped international economics since its inception in the mercantilist epoch. Present anti-orthodox views on trade and development, far from being the preserve of a few marginal heretics of each generation, are revealed to have a long and honourable pedigree.


Politics of Debt and Europe's Relations with the 'South'

Politics of Debt and Europe's Relations with the 'South'

Author: Stefan Nygard

Publisher: Edinburgh University Press

Published: 2020-07-31

Total Pages: 304

ISBN-13: 1474461425

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Combining a discussion of the multi-layered European and global North-South divide with an effort to retrieve alternatives to the dominant divisive use of debt as staking out claims against another party, this text explores the consequences of the erasure of historical temporality in the recent period of 'globalization' and 'individualization' as well as new registers for political uses of the past under current conditions. It draws on socio-political, moral-philosophical and literary-artistic analyses, tracing the genealogy of debt through European history.