Alexander Hamilton on Finance, Credit, and Debt

Alexander Hamilton on Finance, Credit, and Debt
Author: Richard Sylla
Publisher: Columbia University Press
Total Pages: 527
Release: 2018-03-06
Genre: Business & Economics
ISBN: 023154555X

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“A treasure trove for financial and public policy geeks . . . will also help lay readers go beyond the hit musical in understanding Hamilton’s lasting significance.” —Publishers Weekly While serving as the first treasury secretary from 1789 to 1795, Alexander Hamilton engineered a financial revolution. He established the treasury debt market, the dollar, and a central bank, while strategically prompting private entrepreneurs to establish securities markets and stock exchanges and encouraging state governments to charter a number of commercial banks and other business corporations. Yet despite a recent surge of interest in Hamilton, US financial modernization has not been fully recognized as one of his greatest achievements. This book traces the development of Hamilton’s financial thinking, policies, and actions through a selection of his writings. Financial historians and Hamilton experts Richard Sylla and David J. Cowen provide commentary that demonstrates the impact Hamilton had on the modern economic system, guiding readers through Hamilton’s distinguished career. It showcases Hamilton’s thoughts on the nation’s founding, the need for a strong central government, problems such as a depreciating paper currency and weak public credit, and the architecture of the financial system. His great state papers on public credit, the national bank, the mint, and manufactures instructed reform of the nation’s finances and jumpstarted economic growth. Hamilton practiced what he preached: he played a key role in the founding of three banks and a manufacturing corporation—and his deft political maneuvering and economic savvy saved the fledgling republic’s economy during the country’s first full-blown financial crisis in 1792. “A fascinating examination of Hamiltonian economics.” —The Washington Times

Hamilton's Economic Policies

Hamilton's Economic Policies
Author: Alexander Hamilton
Publisher: DigiCat
Total Pages: 479
Release: 2023-12-15
Genre: Business & Economics
ISBN:

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This book presents Alexander Hamilton's views on American economy. As the first Secretary of the Treasury, Hamilton was the main author of the economic policies of the George Washington administration. He took the lead in the funding of the states' debts by the Federal government, as well as the establishment of a national bank, a system of tariffs, and friendly trade relations with Britain. His vision included a strong central government led by a vigorous executive branch, a strong commercial economy, with a national bank and support for manufacturing, plus a strong military. Contents: Writings and Speeches on Taxation and Finance Papers on National Bank Papers on Coinage and the Mint Papers on Industry and Commerce Writings and Speeches on Commercial Relations Biography of Alexander Hamilton by Emory Speer

The Works of Alexander Hamilton

The Works of Alexander Hamilton
Author: Alexander Hamilton
Publisher:
Total Pages: 524
Release: 1904
Genre: Finance
ISBN:

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Added title pages, engraved."The collector's Federal edition of the Works of Alexander Hamilton is limited to six hundred signed and numbered sets."First edition (500 copies) in 9 vols., published 1885-86. "Bibliography of the 'Federalist'": v. 11, p. xxxi-xl.

The Economic Policies of Alexander Hamilton

The Economic Policies of Alexander Hamilton
Author: Alexander Hamilton
Publisher: e-artnow
Total Pages: 597
Release: 2018-11-02
Genre: Business & Economics
ISBN: 8027244153

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This eBook has been formatted to the highest digital standards and adjusted for readability on all devices. It presents Alexander Hamilton's views on American economy. As the first Secretary of the Treasury, Hamilton was the main author of the economic policies of the George Washington administration. He took the lead in the funding of the states' debts by the Federal government, as well as the establishment of a national bank, a system of tariffs, and friendly trade relations with Britain. His vision included a strong central government led by a vigorous executive branch, a strong commercial economy, with a national bank and support for manufacturing, plus a strong military. Contents: Writings and Speeches on Taxation and Finance Papers on National Bank Papers on Coinage and the Mint Papers on Industry and Commerce Writings and Speeches on Commercial Relations Biography of Alexander Hamilton by Emory Speer

The Works of Alexander Hamilton

The Works of Alexander Hamilton
Author: Alexander Hamilton
Publisher:
Total Pages: 504
Release: 1904
Genre: Finance
ISBN:

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The Works of Alexander Hamilton

The Works of Alexander Hamilton
Author: Alexander Hamilton
Publisher:
Total Pages: 606
Release: 1850
Genre: Finance
ISBN:

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The Founders and Finance

The Founders and Finance
Author: Thomas K. McCraw
Publisher: Harvard University Press
Total Pages: 561
Release: 2012-10-08
Genre: History
ISBN: 0674071352

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In 1776 the United States government started out on a shoestring and quickly went bankrupt fighting its War of Independence against Britain. At the war’s end, the national government owed tremendous sums to foreign creditors and its own citizens. But lacking the power to tax, it had no means to repay them. The Founders and Finance is the first book to tell the story of how foreign-born financial specialists—immigrants—solved the fiscal crisis and set the United States on a path to long-term economic success. Pulitzer Prize–winning author Thomas K. McCraw analyzes the skills and worldliness of Alexander Hamilton (from the Danish Virgin Islands), Albert Gallatin (from the Republic of Geneva), and other immigrant founders who guided the nation to prosperity. Their expertise with liquid capital far exceeded that of native-born plantation owners Washington, Jefferson, and Madison, who well understood the management of land and slaves but had only a vague knowledge of financial instruments—currencies, stocks, and bonds. The very rootlessness of America’s immigrant leaders gave them a better understanding of money, credit, and banks, and the way each could be made to serve the public good. The remarkable financial innovations designed by Hamilton, Gallatin, and other immigrants enabled the United States to control its debts, to pay for the Louisiana Purchase of 1803, and—barely—to fight the War of 1812, which preserved the nation’s hard-won independence from Britain.