Hamilton's Blessing: The Extraordinary Life and Times of Our National Debt
Penguin Books, 1998 - 220 psl.
Measured at the staggering amount of $5.1 trillion (and growing every day) the national debt is unfathomable to most Americans. What we may not realize is that the United States was born out of debt. After the Revolution, the brilliant Alexander Hamilton was less interested in paying down the Revolutionary war debt than in using it to create a vibrant national economy. If it is not excessive, he declared, a national debt will be to us a national blessing.In a fascinating narrative brimming with colorful characters, historical accidents, and American ingenuity, business historian John Steele Gordon leads us on a tour of an American institution whose largely unknown story has been integrally entwined with our country's destiny. At key points in U.S. history, Gordon shows how the national debt has been a potent instrument of fiscal policy in keeping the world safe for democracy.But how much debt is too much? At a time when we despair of balancing even a single year's budget, Hamilton's Blessing provides much needed perspective -- and hope.
Rezultatai 13 iš 21
Soon Congress authorized the Treasury to issue greenbacks , as the new paper money was called , and by 1865 there would be a total of $ 450 million in circulation . Chase , a sound - money man , had originally opposed the issue of ...
connections with Treasury Secretary Chase and saw to it that his older brother got to handle a $ 2 - million bond issue for Chase , a matter he conducted with great skill and even greater dispatch . Immediately after the disastrous ...
The Erie Railway , for instance , because some of its many bond issues were backed by New York State , was required ... put its finger on the solution when it called for all companies to issue regular quarterly reports , " showing the ...
Ką žmonės sako - Rašyti recenziją
LibraryThing ReviewVartotojo apžvalga - browner56 - LibraryThing
Most of us only know Alexander Hamilton as the man whose face graces our ten dollar bills. Or, perhaps we know him as the unfortunate answer to the Jeopardy question: Who was on the wrong end of a ... Skaityti visą apžvalgą
HAMILTON'S BLESSING: The Extraordinary Life and Times of Our National DebtVartotojo apžvalga - Kirkus
American Heritage columnist Gordon (The Scarlet Woman of Wall Street, 1988) deserves credit for attempting a brief history of the national debt aimed at a wide audience, but the result is somewhat ... Skaityti visą apžvalgą
The Hamiltonian Miracle
Andrew Jackson Redeems the Debt
Armageddon and the National Debt
Nerodoma skirsnių: 4