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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...
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Details

Genre/Form: History
Named Person: Alexander Hamilton; Albert Gallatin; Albert Gallatin; Alexander Hamilton; Albert Gallatin; Alexander Hamilton
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...
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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...

 
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