Eoin Flannery, in his chapter, examines what happens when the revivalist promise of the future has curdled into something else, an inevitability of history rather than the positing power of the artist. It is one thing to accept a faded ideal as the motivating trope of a latter-day revivalist novel; it is quite another thing to turn away from ideals altogether and to accept, even to embrace, a world defined less by cultural aspirations than financial schemes, debt and “ecosickness.” The refusal to adopt traditional revivalist reference points and temporal frameworks leads writers as diverse as Kevin Berry, Anne Haverty, Éilís Ní Dhuibhne, and Mike McCormack to offer narratives that range from financial degradation to social collapse. One result of this refusal is the effort to foreground language, style, voice, and the vitality and exuberance of storytelling that is a hallmark of revivalist art, an advancing light into a potentially dark future.

Exploring the economic ramifications of climate change, this chapter features insights from financial experts such as Sara Jane Ahmed, Managing Director and V20 Finance Advisor of the CVF-V20 Secretariat. It discusses the adverse effects on GDP growth, inflation, debt, and credit ratings, particularly in vulnerable economies. The chapter highlights the crucial role of financial markets, insurance, and climate finance in addressing these challenges. Innovative financing solutions such as Green Bonds and pre-arranged and trigger-based financing, including loss and damage finance, are explored as means to build economic resilience. The importance of sustainable economic policies and international cooperation is emphasised, with case studies from countries successfully integrating climate resilience into their economic planning. The chapter calls for increased investment in climate adaptation and mitigation to safeguard economic stability and promote sustainable development.

Chapter 1 examines the fourteenth-century emergence of problems that drove fifteenth-century developments. When necessary, this chapter places those fourteenth-century problems in their twelfth- and thirteenth-century contexts. The problems were three. Firstly, there was the diminution of the town’s population caused by bubonic plague. Secondly, there was swelling municipal debt; its existence and the measures taken to reduce it exacerbated social antagonisms that fuelled the third problem, distrust. Between the 1340s and the 1390s, suspicion and hostility between burghers and merchants, on the one hand, and tradespeople, on the other, deepened and became dangerously acute.

Generosity and gratitude are prime examples of gracious traits – traits of concern for the other for the other’s sake. They are virtues of direct caring. They are complementary dispositions, readying their possessors to occupy reciprocal roles in gracious transactions. Their grammar contrasts with that of virtues of requirement such as justice and the sense of duty. Gratitude and justice both involve debt and obligation, but in different senses of ‘debt’ and ‘obligation.’ Certain cases of genuine gratitude in which the subject doesn’t believe the reason for his gratitude confirm the superiority of the view of emotions as concern-based construals over judgment theories. The concepts of gratitude and generosity specify, in their grammar, reasons that are internal to (definitive of) gratitude or generosity, but they can also be incited by reasons that don’t belong to their grammar, as long as such external reasons can trigger internal ones.

In 2020, two retired NFL players sued the league for “explicitly and deliberately” discriminating against Black players who filed claims for damages in the league’s billion-dollar concussion settlement. The league had, their suit revealed, directed clinicians to implement a practice known as race norming, which built into the evaluation process an assumption that Black retired players had lower preexposure cognitive functioning than their white peers – and increased the likelihood that their claims would be denied. The epilogue contextualizes the scandal in relation to the career of one of the plaintiffs, the former defensive lineman Kevin Henry, to reveal how norming – of race, gender, compensation – had pervaded his athletic life long before the NFL denied his claim.

In the summer of 2010, LeBron James announced that he would be leaving the Cleveland Cavaliers and, as he put it during an ESPN special, taking his talents to the Miami Heat. Cavs fans burned their LeBron jerseys in the street, and team owner Dan Gilbert, the billionaire founder of Quicken Loans, wrote an open letter to Clevelanders condemning the two-time NBA MVP. “You simply don’t deserve this kind of cowardly betrayal,” he wrote. “You have given so much and deserve so much more.” What had fans given LeBron? And what did he owe them? The introduction outlines a theory of the relation between athletic talent and social debt, observing how the assignment of giftedness has reflected and created racial ideas about advantage and deservedness since the civil rights era. It is a theory not of elite athletes but of how the way we imagine elite athletes affects the rest of us. From Bernard Malamud’s classic baseball novel The Natural to the career of the fastest woman of all time to Gilbert’s open letter, the image of the gifted athlete has changed while the assumed debt has grown and resurfaced in other domains of American life.

The Joseph story has money the brothers paid for grain surreptitiously returned to their sacks, in some sense a loan only but, as it turned out, an act concealing a gift, which led to reconciliation. Topics in the Two Debtors parable covering debt, sin, and forgiveness rework these features of the Joseph story.

This chapter argues that by the latter half of the nineteenth century, priests, bishops, and other religious had immense latitude within the diffuse structures of the Church not only to raise money by different means but also to act as the central financial administrator and expert within their own parishes, dioceses, and religious houses, and that this power gave them an influential role in shaping the wider economic culture of Catholic Ireland in the period under review. It first explores levels of accounting and financial management knowledge among clergy and then situates their economic activity, including managing of debt and investments, within a wider transactional framework with wealthy and professional lay Catholics. It finally analyses how clergy were frequently afforded a significant role as arbiters of financial disputes and stewards of financial resources by the laity.

Was war intense and frequent enough in Latin America to cause state formation? How should we evaluate the capability of these states in the nineteenth century? This chapter presents a background of how war formed the colonial state in Latin America and features some cross-regional comparisons between Europe and Latin America which give context to the rest of the book. After showing how warfare in Europe and in the Americas led to the institutionalization of the colonial state, I focus on entire century between the Napoleonic Wars and WWI to show that Latin America faced comparatively frequent and severe warfare during this period. I then show that the territorial effects of warfare were similar in both regions and that the modes of financing war were also comparable and similarly conducive to state building. Put together, these pieces of evidence demonstrate through simple descriptive comparisons that the idea of a relatively peaceful Latin America populated by weak states, although a valid overall characterization of the region in the twentieth century, collapses when our focus is the nineteenth century.

A remedy is specific when the plaintiff seeks to get the court to coerce the defendant into doing (or not doing) a particular thing. The word ‘coercion’ is used advisedly. The court orders the defendant to do (or not to do) the particular thing, and if the defendant refuses to comply, the court may use measures such as imprisonment, sequestration and fines to encourage compliance with its order. The two most important examples of specific relief in Australia are the decree of specific performance and the injunction. This chapter will consider specific performance, and the next chapter will consider injunctions. Specific performance relates to ordering the defendant to comply with the terms of a contract, but injunctions may be ordered across private law and beyond. Specific performance is exclusively equitable, and generally operates in relation to a common law cause of action; namely, breach of contract.

This chapter considers self-help remedies, which involve the plaintiff making good her own rights without the intervention of the judiciary. The focus of this book is on remedies that are awarded pursuant to a judicial order. However, an exclusive consideration of judicial remedies would ignore the fact that most disputes are settled outside the courts and that most parties prefer non-judicial settlements. It may be queried whether self-help remedies are really remedies in the strict sense of the word. They do not involve a court order; instead, the court gives permission to a plaintiff to act in a particular way. Nevertheless, in a broader sense, the plaintiff is allowed to redress her grievance by vindicating her own rights. By allowing a plaintiff to redress her rights in this way, the law affirms and reinforces the importance of certain interests. As noted in Ch 13, Varuhas has observed that the interests protected by vindicatory awards are often associated with the torts actionable per se.

Paul Johnson began his relationship with the series with his analysis of Conservative economic policy in The Coalition Effect and will return, with his team, to his conclusions then, analysing not just the first period of austerity but also how Conservative economic policy has evolved through the post-referendum premierships of Theresa May, Boris Johnson, Liz Truss and Rishi Sunak.