skip to content
The founders and finance : how Hamilton, Gallatin, and other immigrants forged a new economy Preview this item
ClosePreview this item
Checking...

The founders and finance : how Hamilton, Gallatin, and other immigrants forged a new economy

Author: Thomas K McCraw
Publisher: Cambridge, Mass. : Belknap Press of Harvard University Press, 2012.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
"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  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Named Person: Alexander Hamilton; Albert Gallatin
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Thomas K McCraw
ISBN: 9780674066922 0674066928
OCLC Number: 786273392
Description: viii, 485 pages : illustrations ; 24 cm
Contents: St. Croix and trauma --
New York and promise --
War and heroism --
Love and social status --
The roots of his thinking --
Robert Morris, Hamilton, and finance --
The Constitution --
New government, old debt --
The fight over the debt --
The bank of the United States --
Diversifying the economy --
Tensions and political parties --
The decline --
The duel --
Choosing the new world --
Moving to the west --
Entering politics --
Becoming Jeffersonian --
The climb to power --
Debt, armaments, and Louisiana --
Developing the west --
Embargo and frustration --
Dispiriting diplomacy --
The fate of the bank --
Financing the wayward war --
Winning the peace --
His long and useful life --
Immigrant exceptionalism? --
Comparisons and contingencies --
Capitalism and credit --
The political economy of Hamilton and Gallatin.
Responsibility: Thomas K. McCraw.

Abstract:

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  Read more...

Reviews

Editorial reviews

Publisher Synopsis

McCraw sheds light on personalities and policies in this overview of the development of early American finance. The newly independent United States 'had long been bankrupt'; both the fledgling Read more...

 
User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


<http://www.worldcat.org/oclc/786273392>
library:oclcnum"786273392"
library:placeOfPublication
library:placeOfPublication
owl:sameAs<info:oclcnum/786273392>
rdf:typeschema:Book
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:about
schema:creator
schema:datePublished"2012"
schema:description""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."--Jacket."@en
schema:description"St. Croix and trauma -- New York and promise -- War and heroism -- Love and social status -- The roots of his thinking -- Robert Morris, Hamilton, and finance -- The Constitution -- New government, old debt -- The fight over the debt -- The bank of the United States -- Diversifying the economy -- Tensions and political parties -- The decline -- The duel -- Choosing the new world -- Moving to the west -- Entering politics -- Becoming Jeffersonian -- The climb to power -- Debt, armaments, and Louisiana -- Developing the west -- Embargo and frustration -- Dispiriting diplomacy -- The fate of the bank -- Financing the wayward war -- Winning the peace -- His long and useful life -- Immigrant exceptionalism? -- Comparisons and contingencies -- Capitalism and credit -- The political economy of Hamilton and Gallatin."@en
schema:exampleOfWork<http://worldcat.org/entity/work/id/1101932109>
schema:genre"History"@en
schema:inLanguage"en"
schema:name"The founders and finance : how Hamilton, Gallatin, and other immigrants forged a new economy"@en
schema:publisher
schema:url
schema:workExample

Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.