The American Revolution was not fought to prevent unjust taxes. Two economic factors predominated: 1) the Virginia elite were about to lose their chance pay off their debts when the British government blocked their speculations in western lands, and 2) northern merchants faced bankruptcy if the East India Company monopoly over retail tea sales in the colonial market became a precedent for future policies. Curtis shows how British policies united diverse colonial interests behind the independence movement, overcoming internal divisions among the colonists.
“The update of the Curtis Thesis is profound and challenging.”
-John Tepper Marlin, former staff, Congressional Joint Econ. Committee
“It alters completely ones rosy view of the American revolutionaries. The event was more a coup by a bunch of landowners than a genuine revolution.”
– Fred Harrison, author- The Traumatised Society