One Nation Under Debt Hamilton Jefferson And The History Of What We Owe

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One Nation Under Debt: Hamilton, Jefferson, and the History of What We Owe

Robert E. Wright
One Nation Under Debt Hamilton Jefferson and the History of What We Owe Book PDF

Author : Robert E. Wright
Publisher : McGraw Hill Professional
Page : 433 pages
File Size : 53,5 Mb
Release : 2008-05-01
Category : Business & Economics
ISBN : 9780071543941

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One Nation Under Debt: Hamilton, Jefferson, and the History of What We Owe by Robert E. Wright Pdf

Like its current citizens, the United States was born in debt-a debt so deep that it threatened to destroy the young nation. Thomas Jefferson considered the national debt a monstrous fraud on posterity, while Alexander Hamilton believed debt would help America prosper. Both, as it turns out, were right. One Nation Under Debt explores the untold history of America's first national debt, which arose from the immense sums needed to conduct the American Revolution. Noted economic historian Robert Wright, Ph.D. tells in riveting narrative how a subjugated but enlightened people cast off a great tyrant-“but their liberty, won with promises as well as with the blood of patriots, came at a high price.” He brings to life the key events that shaped the U.S. financial system and explains how the actions of our forefathers laid the groundwork for the debt we still carry today. As an economically tenuous nation by Revolution's end, America's people struggled to get on their feet. Wright outlines how the formation of a new government originally reduced the nation's debt-but, as debt was critical to this government's survival, it resurfaced, to be beaten back once more. Wright then reveals how political leaders began accumulating massive new debts to ensure their popularity, setting the financial stage for decades to come. Wright traces critical evolutionary developments-from Alexander Hamilton's creation of the nation's first modern capital market, to the use of national bonds to further financial goals, to the drafting of state constitutions that created non-predatory governments. He shows how, by the end of Andrew Jackson's administration, America's financial system was contributing to national growth while at the same time new national and state debts were amassing, sealing the fate for future generations.

Broke

Glenn Beck,Kevin Balfe
Broke Book PDF

Author : Glenn Beck,Kevin Balfe
Publisher : Simon and Schuster
Page : 416 pages
File Size : 40,5 Mb
Release : 2012-08-28
Category : History
ISBN : 9781451693447

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Broke by Glenn Beck,Kevin Balfe Pdf

In a book timed for the midterm elections, the popular firebrand is back to tackle all the hot issues with his signature wit and confrontational, controversial style. By the #1 best-selling author of Arguing With Idiots. 1.5 million first printing.

The Oxford Handbook of the American Revolution

Edward G. Gray,Jane Kamensky
The Oxford Handbook of the American Revolution Book PDF

Author : Edward G. Gray,Jane Kamensky
Publisher : Oxford University Press
Page : 696 pages
File Size : 49,9 Mb
Release : 2015
Category : History
ISBN : 9780190257767

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The Oxford Handbook of the American Revolution by Edward G. Gray,Jane Kamensky Pdf

The Oxford Handbook of the American Revolution draws on a wealth of new scholarship to create a vibrant dialogue among varied approaches to the revolution that made the United States. In thirty-three essays written by authorities on the period, the Handbook brings to life the diverse multitudes of colonial North America and their extraordinary struggles before, during, and after the eight-year-long civil war that secured the independence of thirteen rebel colonies from their erstwhile colonial parent. The chapters explore battles and diplomacy, economics and finance, law and culture, politics and society, gender, race, and religion. Its diverse cast of characters includes ordinary farmers and artisans, free and enslaved African Americans, Indians, and British and American statesmen and military leaders. In addition to expanding the Revolution's who, the Handbook broadens its where, portraying an event that far transcended the boundaries of what was to become the United States. It offers readers an American Revolution whose impact ranged far beyond the thirteen colonies. The Handbook's range of interpretive and methodological approaches captures the full scope of current revolutionary-era scholarship. Its authors, British and American scholars spanning several generations, include social, cultural, military, and imperial historians, as well as those who study politics, diplomacy, literature, gender, and sexuality. Together and separately, these essays demonstrate that the American Revolution remains a vibrant and inviting a subject of inquiry. Nothing comparable has been published in decades.

Knowledge and the Wealth of Nations: A Story of Economic Discovery

David Warsh
Knowledge and the Wealth of Nations A Story of Economic Discovery Book PDF

Author : David Warsh
Publisher : W. W. Norton & Company
Page : 449 pages
File Size : 54,8 Mb
Release : 2007-05-17
Category : Biography & Autobiography
ISBN : 9780393329889

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Knowledge and the Wealth of Nations: A Story of Economic Discovery by David Warsh Pdf

Chronicling the story of what has come to be called the new growth theory, this text helps to explain dominant first-mover firms like IBM or Microsoft, underscores the value of intellectual property, and provides essential advice to those concerned with the expansion of the economy.

Reconstructing the National Bank Controversy

Eric Lomazoff
Reconstructing the National Bank Controversy Book PDF

Author : Eric Lomazoff
Publisher : University of Chicago Press
Page : 256 pages
File Size : 53,6 Mb
Release : 2018-11-07
Category : Political Science
ISBN : 9780226579597

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Reconstructing the National Bank Controversy by Eric Lomazoff Pdf

The Bank of the United States sparked several rounds of intense debate over the meaning of the Constitution’s Necessary and Proper Clause, which authorizes the federal government to make laws that are “necessary” for exercising its other powers. Our standard account of the national bank controversy, however, is incomplete. The controversy was much more dynamic than a two-sided debate over a single constitutional provision and was shaped as much by politics as by law. With Reconstructing the National Bank Controversy, Eric Lomazoff offers a far more robust account of the constitutional politics of national banking between 1791 and 1832. During that time, three forces—changes within the Bank itself, growing tension over federal power within the Republican coalition, and the endurance of monetary turmoil beyond the War of 1812 —drove the development of our first major debate over the scope of federal power at least as much as the formal dimensions of the Constitution or the absence of a shared legal definition for the word “necessary.” These three forces—sometimes alone, sometimes in combination—repeatedly reshaped the terms on which the Bank’s constitutionality was contested. Lomazoff documents how these three dimensions of the polity changed over time and traces the manner in which they periodically led federal officials to adjust their claims about the Bank’s constitutionality. This includes the emergence of the Coinage Clause—which gives Congress power to “coin money, regulate the value thereof”—as a novel justification for the institution. He concludes the book by explaining why a more robust account of the national bank controversy can help us understand the constitutional basis for modern American monetary politics.

Back on the Road to Serfdom

Thomas Woods
Back on the Road to Serfdom Book PDF

Author : Thomas Woods
Publisher : Simon and Schuster
Page : 177 pages
File Size : 43,6 Mb
Release : 2023-09-26
Category : Business & Economics
ISBN : 9781684516681

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Back on the Road to Serfdom by Thomas Woods Pdf

Leviathan is back The threat of statism has reemerged in force. The federal government has radically expanded its power—through bailouts, “stimulus” packages, a trillion-dollar health-care plan, “jobs bills,” massive expansions of the money supply, and much more. But such interventionism did not suddenly materialize with the recent economic collapse. The dangerous trends of government growth, debt increases, encroachments on individual liberty, and attacks on the free market began years earlier and continued no matter which political party was in power. This shift toward statism “will not end happily,” declares bestselling author Thomas E. Woods. In Back on the Road to Serfdom, Woods brings together ten top scholars to examine why the size and scope of government has exploded, and to reveal the devastating consequences of succumbing to the statist temptation. Spanning history, economics, politics, religion, and the arts, Back on the Road to Serfdom shows: · How government interventionism endangers America’s prosperity and the vital culture of entrepreneurship · The roots of statism: from the seminal conflict between Thomas Jefferson and Alexander Hamilton to the vast expansion of federal power in the twentieth century · Why the standard explanation for the recent economic crisis is so terribly wrong—and why the government’s frenzied responses to the downturn only exacerbate the problems · Why the European welfare state is not a model to aspire to but a disaster to be avoided · How an intrusive state not only harms the economy but also imperils individual liberty and undermines the role of civil society · The fatal flaws in the now-common arguments against free markets and free trade · How big business is helping government pave the road to serfdom · Why the Judeo-Christian tradition does not demand support for the welfare state, but in fact values the free market · How the arrogance of government power extends even to the cultural realm—and how central planning is just as inefficient and destructive there It’s been more than sixty-five years since F. A. Hayek published his seminal work The Road to Serfdom. Now this impeccably timed book provides another desperately needed warning about—and corrective to—the dangers of statism.

Charting an American Republic

Jude M. Pfister
Charting an American Republic Book PDF

Author : Jude M. Pfister
Publisher : McFarland
Page : 267 pages
File Size : 44,8 Mb
Release : 2016-09-08
Category : History
ISBN : 9781476662312

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Charting an American Republic by Jude M. Pfister Pdf

With the American revolutionaries in discord following victory at Yorktown and the Paris Peace Treaty of 1783, the proposed federal Constitution of 1787 faced an uncertain future when it was sent to the states for ratification. Sensing an historic moment, three authors--Alexander Hamilton, James Madison and John Jay--circulated 85 essays among their fellow statesmen, arguing for a strong federal union. Next to the Constitution itself, The Federalist papers are the most referenced statement of the Founding Fathers' intentions in forming the U.S. government. This book takes a fresh look at the papers in the context of the times in which they were created.

13 Bankers

Simon Johnson,James Kwak
13 Bankers Book PDF

Author : Simon Johnson,James Kwak
Publisher : Vintage
Page : 338 pages
File Size : 52,8 Mb
Release : 2011-01-11
Category : Business & Economics
ISBN : 9780307476609

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13 Bankers by Simon Johnson,James Kwak Pdf

In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country’s gross domestic product, this oligarchy proved it could first hold the global economy hostage and then use its political muscle to fight off meaningful reform. 13 Bankers brilliantly charts the rise to power of the financial sector and forcefully argues that we must break up the big banks if we want to avoid future financial catastrophes. Updated, with additional analysis of the government’s recent attempt to reform the banking industry, this is a timely and expert account of our troubled political economy.

The Founders and Finance

Thomas K. McCraw
The Founders and Finance Book PDF

Author : Thomas K. McCraw
Publisher : Harvard University Press
Page : 496 pages
File Size : 45,8 Mb
Release : 2012-10-08
Category : History
ISBN : 9780674067660

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The Founders and Finance by Thomas K. McCraw Pdf

In 1776 the U.S. owed huge sums to foreign creditors and its own citizens but, lacking the power to tax, had no means to repay them. This is the first book to tell the story of how foreign-born financial specialists—the immigrant founders Hamilton and Gallatin—solved the fiscal crisis and set the nation on a path to long-term economic prosperity.

Federal Taxation in America

W. Elliot Brownlee
Federal Taxation in America Book PDF

Author : W. Elliot Brownlee
Publisher : Cambridge University Press
Page : 347 pages
File Size : 45,5 Mb
Release : 2016-07-19
Category : Business & Economics
ISBN : 9781107099760

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Federal Taxation in America by W. Elliot Brownlee Pdf

This book provides an analysis of the dramatic shifts in American taxation through crises from the American Revolution through to the 'Great Recession'.

From Wall Street to Bay Street

Joe Martin,Chris Kobrak
From Wall Street to Bay Street Book PDF

Author : Joe Martin,Chris Kobrak
Publisher : University of Toronto Press
Page : 414 pages
File Size : 43,9 Mb
Release : 2018-04-13
Category : Business & Economics
ISBN : 9781442616325

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From Wall Street to Bay Street by Joe Martin,Chris Kobrak Pdf

The 2008 financial crisis rippled across the globe and triggered a worldwide recession. Unlike the American banking system which experienced massive losses, takeovers, and taxpayer funded bailouts, Canada’s banking system withstood the crisis relatively well and maintained its liquidity and profitability. The divergence in the two banking systems can be traced to their distinct institutional and political histories. From Wall Street to Bay Street is the first book for a lay audience to tackle the similarities and differences between the financial systems of Canada and the United States. Christopher Kobrak and Joe Martin reveal the different paths each system has taken since the early nineteenth-century, despite the fact that they both originate from the British system. The authors trace the roots of each country’s financial systems back to Alexander Hamilton and insightfully argue that while Canada has preserved a Hamiltonian financial tradition, the United States has favoured the populist Jacksonian tradition since the 1830s. The sporadic and inconsistent fashion in which the American system have changed over time is at odds with the evolutionary path taken by the Canadian system. From Wall Street to Bay Street offers a timely and accessible comparison of financial systems that reflects the political and cultural milieus of two of the world’s top ten economies.

Jefferson's Treasure

Gregory May
Jefferson s Treasure Book PDF

Author : Gregory May
Publisher : Simon and Schuster
Page : 256 pages
File Size : 42,6 Mb
Release : 2018-08-07
Category : Biography & Autobiography
ISBN : 9781621577645

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Jefferson's Treasure by Gregory May Pdf

George Washington had Alexander Hamilton. Thomas Jefferson had Albert Gallatin. From internationally known tax expert and former Supreme Court law clerk Gregory May comes this long overdue biography of the remarkable immigrant who launched the fiscal policies that shaped the early Republic and the future of American politics. Not Alexander Hamilton---Albert Gallatin. To this day, the fight over fiscal policy lies at the center of American politics. Jefferson's champion in that fight was Albert Gallatin---a Swiss immigrant who served as Treasury Secretary for twelve years because he was the only man in Jefferson's party who understood finance well enough to reform Alexander Hamilton's system. A look at Gallatin's work---repealing internal taxes, restraining government spending, and repaying public debt---puts our current federal fiscal problems in perspective. The Jefferson Administration's enduring achievement was to contain the federal government by restraining its fiscal power. This was Gallatin's work. It set the pattern for federal finance until the Civil War, and it created a culture of fiscal responsibility that survived well into the twentieth century.

Ages of American Capitalism

Jonathan Levy
Ages of American Capitalism Book PDF

Author : Jonathan Levy
Publisher : Random House
Page : 945 pages
File Size : 42,8 Mb
Release : 2021-04-20
Category : Business & Economics
ISBN : 9780812995022

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Ages of American Capitalism by Jonathan Levy Pdf

A leading economic historian traces the evolution of American capitalism from the colonial era to the present—and argues that we’ve reached a turning point that will define the era ahead. “A monumental achievement, sure to become a classic.”—Zachary D. Carter, author of The Price of Peace In this ambitious single-volume history of the United States, economic historian Jonathan Levy reveals how capitalism in America has evolved through four distinct ages and how the country’s economic evolution is inseparable from the nature of American life itself. The Age of Commerce spans the colonial era through the outbreak of the Civil War, and the Age of Capital traces the lasting impact of the industrial revolution. The volatility of the Age of Capital ultimately led to the Great Depression, which sparked the Age of Control, during which the government took on a more active role in the economy, and finally, in the Age of Chaos, deregulation and the growth of the finance industry created a booming economy for some but also striking inequalities and a lack of oversight that led directly to the crash of 2008. In Ages of American Capitalism, Levy proves that capitalism in the United States has never been just one thing. Instead, it has morphed through the country’s history—and it’s likely changing again right now. “A stunning accomplishment . . . an indispensable guide to understanding American history—and what’s happening in today’s economy.”—Christian Science Monitor “The best one-volume history of American capitalism.”—Sven Beckert, author of Empire of Cotton

The Early Republic and Antebellum America

Christopher G. Bates
The Early Republic and Antebellum America Book PDF

Author : Christopher G. Bates
Publisher : Routledge
Page : 1453 pages
File Size : 40,8 Mb
Release : 2015-04-08
Category : History
ISBN : 9781317457404

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The Early Republic and Antebellum America by Christopher G. Bates Pdf

First Published in 2015. Routledge is an imprint of Taylor & Francis, an Informa company.

99 Jumpstarts to Research

Peggy Whitley,Susan Williams Goodwin,Catherine C. Olson
99 Jumpstarts to Research Book PDF

Author : Peggy Whitley,Susan Williams Goodwin,Catherine C. Olson
Publisher : Bloomsbury Publishing USA
Page : 254 pages
File Size : 42,8 Mb
Release : 2010-08-16
Category : Language Arts & Disciplines
ISBN : 9781598843699

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99 Jumpstarts to Research by Peggy Whitley,Susan Williams Goodwin,Catherine C. Olson Pdf

This book provides research assistance for 99 current and provocative issues students can use to write a brief argumentative paper. In 2030, it is projected that 65 percent of the population will be over 65. The U.S. Government Census Bureau reveals that over an adult's working life, college graduates typically earn close to $1 million more than high school graduates. About 43 percent of American families spend more than they earn each year. These three factoids represent a tiny fraction of the potential research subjects contained in 99 Jumpstarts to Research: Topic Guides for Finding Information on Current Issues, Second Edition, a completely revised follow-up to the original edition. Every jumpstart—each focused upon a current, timely issue—contains ideas for narrowing the topic, research keywords, suggested best books and databases, and Internet sites. This book supports both faculty and students in identifying compelling topics, effectively evaluating and selecting resources in today's information-overload world, and deriving enjoyment from the research and writing process.