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Author: John Steele Gordon Publisher: Bloomsbury Publishing USA ISBN: 0802778542 Category : History Languages : en Pages : 238
Book Description
Our national debt is now so high that most of us have stopped thinking about it, because the prospect of bringing it under control is unimaginable. We consider it a national liability and fear our children will be forced to pay for our current excesses. John Steele Gordon is a welcome antidote. In 1997, his book, Hamilton's Blessing, offered a "biography" of the debt, making it very much a human drama while explaining the myriad, mostly positive, ways it has influenced America's history since Alexander Hamilton first proposed the virtues of a national debt in 1792. However, the 12 years since the book's initial publication have been perhaps the most dramatic in the debt's history-since it has more than doubled and continues on an ever-upward spiral. Now, more than ever, we need John Steele Gordon's wisdom-his revised and expanded edition of Hamilton's Blessing will put this historic expansion in perspective, allowing us to better participate in debate and discussion. Bringing a remarkable national institution to life, Gordon offers, in the process, an original view of American history, and insight into both well- and lesser-known figures who have influenced and charted our voyage, from Hamilton to Jay Cooke to John Maynard Keynes to the present. The national debt helped rescue the Union during the Civil War and raise the nation out of the Depression-thus offering hope it may serve a similar purpose in the decades to come.
Author: John Steele Gordon Publisher: Bloomsbury Publishing USA ISBN: 0802778542 Category : History Languages : en Pages : 238
Book Description
Our national debt is now so high that most of us have stopped thinking about it, because the prospect of bringing it under control is unimaginable. We consider it a national liability and fear our children will be forced to pay for our current excesses. John Steele Gordon is a welcome antidote. In 1997, his book, Hamilton's Blessing, offered a "biography" of the debt, making it very much a human drama while explaining the myriad, mostly positive, ways it has influenced America's history since Alexander Hamilton first proposed the virtues of a national debt in 1792. However, the 12 years since the book's initial publication have been perhaps the most dramatic in the debt's history-since it has more than doubled and continues on an ever-upward spiral. Now, more than ever, we need John Steele Gordon's wisdom-his revised and expanded edition of Hamilton's Blessing will put this historic expansion in perspective, allowing us to better participate in debate and discussion. Bringing a remarkable national institution to life, Gordon offers, in the process, an original view of American history, and insight into both well- and lesser-known figures who have influenced and charted our voyage, from Hamilton to Jay Cooke to John Maynard Keynes to the present. The national debt helped rescue the Union during the Civil War and raise the nation out of the Depression-thus offering hope it may serve a similar purpose in the decades to come.
Author: John Steele Gordon Publisher: ISBN: 9780756750114 Category : Business & Economics Languages : en Pages : 214
Book Description
In the late 18th century, a national debt was unthinkable; for Alexander Hamilton, it was an opportunity, & he made it forever a part of our government's fiscal strategy. This book offers fascinating details that traces the history of our government & of economic thinking over 200 years, including histories of our banking & tax systems, the invention of the war bond, & how Washington became our nation's capital. Also tells the story of the people & events that have influenced the debt: Stephen Girard, who personally arranged the financing for the War of 1812; Jay Cooke, whose invention of the war bond kept the Union afloat during the Civil War; John Maynard Keynes, whose theories have held sway for more than 50 years; & others.
Author: Stephen F. Knott Publisher: ISBN: Category : Biography & Autobiography Languages : en Pages : 360
Book Description
"Knott observes that Thomas Jefferson and his followers, and, later, Andrew Jackson and his adherents, tended to view Hamilton and his principles as "un-American." While his policies generated mistrust in the South and the West, where he is still seen as the founding plutocrat, Hamilton was revered in New England and parts of the mid-Atlantic states. Hamilton's image as a champion of American nationalism caused his reputation to soar during the Civil War, at least in the North. However, in the wake of Gilded Age excesses, progressive and populist political leaders branded Hamilton as the patron saint of Wall Street, and his reputation began to disintegrate."--BOOK JACKET.
Author: Glenn Beck Publisher: Simon and Schuster ISBN: 1451693443 Category : History Languages : en Pages : 416
Book Description
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.
Author: Robert E. Wright Publisher: McGraw Hill Professional ISBN: 0071543945 Category : Business & Economics Languages : en Pages : 433
Book Description
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.
Author: Adam Hamilton Publisher: Abingdon Press ISBN: 1501813722 Category : Religion Languages : en Pages : 190
Book Description
We’re all searching. Sometimes the search is easy: simply type a question and the answer pops up. But sometimes our questions are complicated, and the answers are difficult to see and harder to articulate. How do we discover and examine the truths that give meaning and purpose to life? Adam Hamilton believes that some powerful answers are contained in the Apostles’ Creed, an early statement of foundational Christian beliefs. In this book, Hamilton considers important questions of life, reality, and truth. He explores not only what Christians believe, but also why they believe it and why it matters. Chapters include: God Jesus Christ The Holy Spirit The Church at the Communion of Saints The Forgiveness of Sins The Resurrection of the Body Creed: What Christians Believe and Why is also part of a six-week church-wide program that includes a Leader Guide, DVD, and youth and children resources.
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Long-term Growth and Debt Reduction Publisher: ISBN: Category : Debts, Public Languages : en Pages : 54
Author: Thomas K. McCraw Publisher: Harvard University Press ISBN: 0674071352 Category : History Languages : en Pages : 561
Book 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.
Author: John Steele Gordon
Author: John Steele Gordon
Author: John Steele Gordon
Author: Edward Meyrick Goulburn
Author: Edward Meyrick Goulburn
Author: Stephen F. Knott
Author: Glenn Beck
Author: Robert E. Wright
Author: Adam Hamilton
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Long-term Growth and Debt Reduction
Author: Thomas K. McCraw