One Nation Under Debt: Hamilton, Jefferson, and the History of What We Owe PDF Download
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Author: Robert E. Wright
Publisher: McGraw Hill Professional
ISBN: 0071543945
Category : Business & Economics
Languages : en
Pages : 433
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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: Robert E. Wright
Publisher: McGraw Hill Professional
ISBN: 0071543945
Category : Business & Economics
Languages : en
Pages : 433
Get Book Here
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: John Ferling
Publisher: Bloomsbury Publishing USA
ISBN: 1608195430
Category : History
Languages : en
Pages : 465
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Book Description
One of America's foremost historians brilliantly brings to life the fierce struggle - both public and, ultimately, bitterly personal - between Thomas Jefferson and Alexander Hamilton - two rivals whose opposing visions of what the United States should be continue to shape our country to this day.
Author: Noble E. Cunningham, Jr.
Publisher: Macmillan Higher Education
ISBN: 1319242847
Category : History
Languages : en
Pages : 192
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Book Description
This documentary study of Thomas Jefferson and Alexander Hamilton focuses on their differing views of society and government in the formative years of the new American nation. Interweaving more than 40 documents into 7 chronological chapters, the text follows the lives and careers of the two men from their youth, through the Revolutionary War, to the death of Hamilton in 1804. In each chapter, generous excerpts from their public papers and private letters reveal the two men’s often divergent views on government and the Constitution, economic and foreign policy, and the military, and illustrate the roles they played in the emergence of political parties. Reading Jefferson’s First Inaugural Address, the Report on Public Credit, the Kentucky Resolutions, and a host of other documents, students can explore firsthand the two men’s philosophies and the impact these had on the emerging nation. Also included are 10 illustrations, a Jefferson/Hamilton chronology, a bibliography, and an index.
Author: Noble E. Cunningham Jr
Publisher: Bedford
ISBN: 9780312085858
Category : History
Languages : en
Pages : 176
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Book Description
This documentary study of Thomas Jefferson and Alexander Hamilton focuses on their differing views of society and government in the formative years of the new American nation. Interweaving more than 40 documents into 7 chronological chapters, the text follows the lives and careers of the two men from their youth, through the Revolutionary War, to the death of Hamilton in 1804. In each chapter, generous excerpts from their public papers and private letters reveal the two men’s often divergent views on government and the Constitution, economic and foreign policy, and the military, and illustrate the roles they played in the emergence of political parties. Reading Jefferson’s First Inaugural Address, the Report on Public Credit, the Kentucky Resolutions, and a host of other documents, students can explore first-hand the two men’s philosophies and the impact these had on the emerging nation.
Author: Curtis Slepian
Publisher: Teacher Created Materials
ISBN: 1425863647
Category : Juvenile Nonfiction
Languages : en
Pages : 35
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Book Description
In this nonfiction text, Hamilton Vs. Jefferson, readers will study the differences between two very important but distinct founding fathers: Alexander Hamilton and Thomas Jefferson. Through the use of dynamic primary sources like maps and letters, middle school students will be engaged as they read about history and build their literacy skills. Supporting current social studies standards, this full-color text includes intriguing images, interesting sidebars, a glossary, and other important text features to support learning and strengthen key comprehension skills. Challenging activities require students to use text evidence to connect back to what they've read.
Author: Glenn Beck
Publisher: Simon and Schuster
ISBN: 1451693443
Category : Business & Economics
Languages : en
Pages : 416
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Book Description
Briefly surveys more than two centures of American political history to describe how the country has been broken spiritually, politically and financially and advocates a return to core values to restore America's economic and spiritual health.
Author: Herbert E. Sloan
Publisher: University of Virginia Press
ISBN: 9780813920931
Category : Biography & Autobiography
Languages : en
Pages : 396
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Book Description
Eloquently written and exhaustively researched, Principle and Interest provides a unique perspective on a range of topics--revolutionary ideology, political economy, the mechanics of party organization--central to an understanding of the period.
Author: Thomas K. McCraw
Publisher: Harvard University Press
ISBN: 0674067665
Category : History
Languages : en
Pages : 496
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Book Description
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.
Author: Thomas Arndt
Publisher: Bloomsbury Publishing USA
ISBN: 1440877009
Category : Political Science
Languages : en
Pages : 209
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Book Description
This vital resource is devoted to providing nonpartisan, objective analysis of the national debt, including leading drivers of the debt, the budgetary process, and claims and counter-claims about national debt benefits and drawbacks. This indispensable resource provides readers with a clear and unbiased understanding of the national debt and its relationship to the U.S. economic system. The book addresses the foundations and major elements of America's budgetary process, details how government taxing and spending priorities impact the nation's debt, explains the difference between deficits and debt, and summarizes dominant conservative and liberal economic perspectives on the national debt and related fiscal issues. Utilizing authoritative resources and accessible, lay-friendly terminology, this book punctures popular myths and misconceptions about the national debt. But it also shines a light on the numerous economic, social, and political drivers of our national conversation about the debt—and the ways in which the national debt is likely to influence the lives of future generations of Americans. At a time when American political discourse often descends into fact-free zones of wishful thinking and deceptive claims, this book provides information for readers to truly understand the national debt.
Author: Winifred Hawkridge Dixon
Publisher: Prabhat Prakashan
ISBN:
Category : Travel
Languages : en
Pages : 615
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Book Description
Delve into American Political History with "Jefferson and Hamilton: The Struggle for Democracy" Step back in time to witness one of the most pivotal moments in American political history with Claude G. Bowers' masterful work, "Jefferson and Hamilton: The Struggle for Democracy in America." Through meticulous research and engaging narrative, Bowers brings to life the epic clash between two of the nation's founding fathers, Thomas Jefferson and Alexander Hamilton, as they vied for the soul of the young republic. Unravel the Complexities of Early American Politics In "Jefferson and Hamilton," Bowers skillfully navigates the turbulent waters of late 18th-century America, offering readers a front-row seat to the ideological battle that shaped the nation's future. From Jefferson's vision of agrarian democracy to Hamilton's advocacy for a strong central government and industrial economy, Bowers illuminates the contrasting visions and strategies of these influential figures. As you follow Jefferson and Hamilton's intertwined journeys through politics, policy, and personal ambition, you'll gain a deeper understanding of the forces that shaped the early American experiment in democracy. Bowers' vivid prose and keen insights shed light on the complexities of power, ideology, and human nature, painting a rich portrait of a nation in flux. Why "Jefferson and Hamilton" Is Essential Reading: In-Depth Analysis: Gain valuable insights into the personalities, principles, and policies of Thomas Jefferson and Alexander Hamilton, two towering figures in American history. Relevant to Today's Issues: Explore themes of federalism, populism, and partisan politics that resonate with contemporary debates, offering valuable context for understanding the challenges facing modern democracy. Engaging Narrative: Bowers' compelling storytelling and attention to detail make "Jefferson and Hamilton" a captivating read for history enthusiasts and casual readers alike.Embark on a journey through the corridors of power and the battlefields of ideas with "Jefferson and Hamilton: The Struggle for Democracy in America." Discover how the competing visions of these founding fathers continue to shape the American political landscape to this day.
