The Founders and Finance: How Hamilton, Gallatin, and Other Immigrants Forged a New Economy
ISBN: 9780674066922 | 0674066928
Format: HardcoverPublisher: Harvard Univ Pr
Pub. Date: 10/15/2012
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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 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... MORE
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... MORE
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