But the French Revolution also produced a powerful and attractive myth of social transformation. Far from discrediting the flawed approach to debt management, the “nation,” which succeeded absolutist monarchy as the basis of political authority, remained wedded to statist solutions.
法国的经历带来了高昂的长期带价：法国社会在大革命后的一个世纪里一直比英国更穷。但法国革命也创造了强大而具有吸引力的社会转型神话。继专制君主之后成为政治威权的“国家”（nation）并没有抛弃有缺陷的债务管理方法，而是仍停留在专制解决方案。