The deceived King: National Debt and Fiscality in the Kingdom of Majorca
DOI:
https://doi.org/10.3989/aem.2008.v38.i1.65Keywords:
Crown, National debt, FiscalityAbstract
From 1350 the crisis of the effective fiscal system takes place: spill of taxes to destine to cost chapters, indicated by the Crown. The magnitude of requests of subsidies causes the appearance of the national debt. The consequence of the municipal bankruptcies of 1372 and 1405 was the alienation of the fiscal resources in favor of the creditors.
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