The Founders and Finance
How Hamilton, Gallatin, and Other Immigrants Forged a New Economy
Business & Finance, Economics, Economic History, Nonfiction, History, Americas, United States, Revolutionary Period (1775-1800), 19th Century
| Author: | Thomas K. McCraw | ISBN: | 9780674071353 |
| Publisher: | Harvard University Press | Publication: | October 8, 2012 |
| Imprint: | Harvard University Press | Language: | English |
| Author: | Thomas K. McCraw |
| ISBN: | 9780674071353 |
| Publisher: | Harvard University Press |
| Publication: | October 8, 2012 |
| Imprint: | Harvard University Press |
| Language: | English |
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.
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.
