Financial Founding Fathers

Financial Founding Fathers PDF Author: Robert E. Wright
Publisher: University of Chicago Press
ISBN: 0226910687
Category : Biography & Autobiography
Languages : en
Pages : 261

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Book Description
The authors chronicle how a different group of nine founding fathers forged the wealth and institutions necessary to transform the American colonies from a diffuse alliance of contending business interests into one cohesive economic superpower.

Financial Founding Fathers

Financial Founding Fathers PDF Author: Robert E. Wright
Publisher: University of Chicago Press
ISBN: 0226910687
Category : Biography & Autobiography
Languages : en
Pages : 261

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Book Description
The authors chronicle how a different group of nine founding fathers forged the wealth and institutions necessary to transform the American colonies from a diffuse alliance of contending business interests into one cohesive economic superpower.

Financial Founding Fathers

Financial Founding Fathers PDF Author: Robert E. Wright
Publisher: University of Chicago Press
ISBN: 9780226910697
Category : History
Languages : en
Pages : 216

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Book Description
When you think of the founding fathers, you think of men like George Washington, Thomas Jefferson, and Benjamin Franklin—exceptional minds and matchless statesmen who led the colonies to a seemingly impossible victory over the British and established the constitutional and legal framework for our democratic government. But the American Revolution was about far more than freedom and liberty. It was about economics as well. Robert E. Wright and David J. Cowen here chronicle how a different group of founding fathers forged the wealth and institutions necessary to transform the American colonies from a diffuse alliance of contending business interests into one cohesive economic superpower. From Alexander Hamilton to Andrew Jackson, the authors focus on the lives of nine Americans in particular—some famous, some unknown, others misunderstood, but all among our nation’s financial founding fathers. Such men were instrumental in creating and nurturing a financial system that drove economic growth in the nascent United States because they were quick to realize that wealth was as crucial as the Constitution in securing the blessings of liberty and promoting the general welfare. The astonishing economic development made possible by our financial founding fathers was indispensable to the preservation of national unity and of support for a government that was then still a profoundly radical and delicate political experiment. Grand in scope and vision, Financial Founding Fathers is an entertaining and inspiring history of the men who made America rich and steered her toward greatness.

Financial Founding Fathers

Financial Founding Fathers PDF Author: Robert E. Wright
Publisher: University of Chicago Press
ISBN: 9780226910697
Category : History
Languages : en
Pages : 216

Get Book

Book Description
When you think of the founding fathers, you think of men like George Washington, Thomas Jefferson, and Benjamin Franklin—exceptional minds and matchless statesmen who led the colonies to a seemingly impossible victory over the British and established the constitutional and legal framework for our democratic government. But the American Revolution was about far more than freedom and liberty. It was about economics as well. Robert E. Wright and David J. Cowen here chronicle how a different group of founding fathers forged the wealth and institutions necessary to transform the American colonies from a diffuse alliance of contending business interests into one cohesive economic superpower. From Alexander Hamilton to Andrew Jackson, the authors focus on the lives of nine Americans in particular—some famous, some unknown, others misunderstood, but all among our nation’s financial founding fathers. Such men were instrumental in creating and nurturing a financial system that drove economic growth in the nascent United States because they were quick to realize that wealth was as crucial as the Constitution in securing the blessings of liberty and promoting the general welfare. The astonishing economic development made possible by our financial founding fathers was indispensable to the preservation of national unity and of support for a government that was then still a profoundly radical and delicate political experiment. Grand in scope and vision, Financial Founding Fathers is an entertaining and inspiring history of the men who made America rich and steered her toward greatness.

Alexander Hamilton on Finance, Credit, and Debt

Alexander Hamilton on Finance, Credit, and Debt PDF Author: Richard Sylla
Publisher: Columbia University Press
ISBN: 023154555X
Category : Business & Economics
Languages : en
Pages : 527

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Book Description
“A treasure trove for financial and public policy geeks . . . will also help lay readers go beyond the hit musical in understanding Hamilton’s lasting significance.” —Publishers Weekly While serving as the first treasury secretary from 1789 to 1795, Alexander Hamilton engineered a financial revolution. He established the treasury debt market, the dollar, and a central bank, while strategically prompting private entrepreneurs to establish securities markets and stock exchanges and encouraging state governments to charter a number of commercial banks and other business corporations. Yet despite a recent surge of interest in Hamilton, US financial modernization has not been fully recognized as one of his greatest achievements. This book traces the development of Hamilton’s financial thinking, policies, and actions through a selection of his writings. Financial historians and Hamilton experts Richard Sylla and David J. Cowen provide commentary that demonstrates the impact Hamilton had on the modern economic system, guiding readers through Hamilton’s distinguished career. It showcases Hamilton’s thoughts on the nation’s founding, the need for a strong central government, problems such as a depreciating paper currency and weak public credit, and the architecture of the financial system. His great state papers on public credit, the national bank, the mint, and manufactures instructed reform of the nation’s finances and jumpstarted economic growth. Hamilton practiced what he preached: he played a key role in the founding of three banks and a manufacturing corporation—and his deft political maneuvering and economic savvy saved the fledgling republic’s economy during the country’s first full-blown financial crisis in 1792. “A fascinating examination of Hamiltonian economics.” —The Washington Times

The Founders' Fortunes

The Founders' Fortunes PDF Author: Willard Sterne Randall
Publisher: Penguin
ISBN: 1524745928
Category : History
Languages : en
Pages : 337

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Book Description
An illuminating financial history of the Founding Fathers, revealing how their personal finances shaped the Constitution and the new nation In 1776, upon the signing of the Declaration of Independence, the Founding Fathers concluded America’s most consequential document with a curious note, pledging “our lives, our fortunes and our sacred honor.” Lives and honor did indeed hang in the balance, yet just what were their fortunes? How much did the Founders stand to gain or lose through independence? And what lingering consequences did their respective financial stakes have on liberty, justice, and the fate of the fledgling United States of America? In this landmark account, historian Willard Sterne Randall investigates the private financial affairs of the Founders, illuminating like never before how and why the Revolution came about. The Founders’ Fortunes uncovers how these leaders waged war, crafted a constitution, and forged a new nation influenced in part by their own financial interests. In an era where these very issues have become daily national questions, the result is a remarkable and insightful new understanding of our nation’s bedrock values.

One Nation Under Debt: Hamilton, Jefferson, and the History of What We Owe

One Nation Under Debt: Hamilton, Jefferson, and the History of What We Owe PDF 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.

Founding Finance

Founding Finance PDF Author: William Hogeland
Publisher: University of Texas Press
ISBN: 0292745753
Category : Business & Economics
Languages : en
Pages : 285

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Book Description
The author of The Whiskey Rebellion “dig[s] beneath history’s surface and note[s] both the populist and anti-populist dimensions of the nation’s founding” (Library Journal). Recent movements such as the Tea Party and anti-tax “constitutional conservatism” lay claim to the finance and taxation ideas of America’s founders, but how much do we really know about the dramatic clashes over finance and economics that marked the founding of America? Dissenting from both right-wing claims and certain liberal preconceptions, Founding Finance brings to life the violent conflicts over economics, class, and finance that played directly, and in many ways ironically, into the hardball politics of forming the nation and ratifying the Constitution—conflicts that still continue to affect our politics, legislation, and debate today. Mixing lively narrative with fresh views of America’s founders, William Hogeland offers a new perspective on America’s economic infancy: foreclosure crises that make our current one look mild; investment bubbles in land and securities that drove rich men to high-risk borrowing and mad displays of ostentation before dropping them into debtors’ prisons; depressions longer and deeper than the great one of the twentieth century; crony mercantilism, war profiteering, and government corruption that undermine any nostalgia for a virtuous early republic; and predatory lending of scarce cash at exorbitant, unregulated rates, which forced people into bankruptcy, landlessness, and working in the factories and on the commercial farms of their creditors. This story exposes and corrects a perpetual historical denial—by movements across the political spectrum—of America’s all-important founding economic clashes, a denial that weakens and cheapens public discourse on American finance just when we need it most.

The Intimate Lives of the Founding Fathers

The Intimate Lives of the Founding Fathers PDF Author: Thomas Fleming
Publisher: Harper Collins
ISBN: 0061959634
Category : History
Languages : en
Pages : 474

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Book Description
A compelling, intimate look at the founders—George Washington, Ben Franklin, John Adams, Thomas Jefferson, Alexander Hamilton, and James Madison—and the women who played essential roles in their lives With his usual storytelling flair and unparalleled research, Tom Fleming examines the women who were at the center of the lives of the founding fathers. From hot-tempered Mary Ball Washington to promiscuous Rachel Lavien Hamilton, the founding fathers' mothers powerfully shaped their sons' visions of domestic life. But lovers and wives played more critical roles as friends and often partners in fame. We learn of the youthful Washington's tortured love for the coquettish Sarah Fairfax, wife of his close friend; of Franklin's two "wives," one in London and one in Philadelphia; of Adams's long absences, which required a lonely, deeply unhappy Abigail to keep home and family together for years on end; of Hamilton's adulterous betrayal of his wife and then their reconciliation; of how the brilliant Madison was jilted by a flirtatious fifteen-year-old and went on to marry the effervescent Dolley, who helped make this shy man into a popular president. Jefferson's controversial relationship to Sally Hemings is also examined, with a different vision of where his heart lay. Fleming nimbly takes us through a great deal of early American history, as his founding fathers strove to reconcile the private and public, often beset by a media every bit as gossip seeking and inflammatory as ours today. He offers a powerful look at the challenges women faced in the late eighteenth and early nineteenth centuries. While often brilliant and articulate, the wives of the founding fathers all struggled with the distractions and dangers of frequent childbearing and searing anxiety about infant mortality—Jefferson's wife, Martha, died from complications following labor, as did his daughter. All the more remarkable, then, that these women loomed so large in the lives of their husbands—and, in some cases, their country.

The Founding Fathers

The Founding Fathers PDF Author: Richard B. Bernstein
Publisher: Oxford University Press, USA
ISBN: 0190273518
Category : Founding Fathers of the United States
Languages : en
Pages : 184

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Book Description
This is a concise contribution to the 'Very Short Introductions' series which reintroduces the history that shaped the founding fathers, the history that they made, and what history has made of them.

American Connections

American Connections PDF Author: James Burke
Publisher: Simon and Schuster
ISBN: 0743298713
Category : History
Languages : en
Pages : 563

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Book Description
Using the unique approach that he has employed in his previous books, author, columnist, and television commentator James Burke shows us our connections to the fifty-six men who signed the Declaration of Independence. Over the two hundred-plus years that separate us, these connections are often surprising and always fascinating. Burke turns the signers from historical icons into flesh-and-blood people: Some were shady financial manipulators, most were masterful political operators, a few were good human beings, and some were great men. The network that links them to us is also peopled by all sorts, from spies and assassins to lovers and adulterers, inventors and artists. The ties may be more direct for some of us than others, but we are all linked in some way to these founders of our nation. If you enjoyed Martin Sheen as the president on television's The West Wing, then you're connected to founder Josiah Bartlett. The connection from signer Bartlett to Sheen includes John Paul Jones; Judge William Cooper, father of James Fenimore; Sir Thomas Brisbane, governor of New South Wales; an incestuous astronomer; an itinerant math teacher; early inventors of television; and pioneering TV personality Bishop Fulton J. Sheen, the inspiration for Ramon Estevez's screen name, Martin Sheen.