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The Founders and Finance: How Hamilton, Gallatin, and Other Immigrants Forged a New Economy

Thomas K. McCraw




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 | #1312244 in Books |  2014-05-12 | Original language:English | PDF # 1 |  9.23 x1.26 x6.14l,.84 | File type: PDF | 496 pages

||7 of 7 people found the following review helpful.| Fiscal Failing|By VA Duck|This is a well written - though terse pair of biographies of two Secretaries of the Treasury. I found the book 'disappointing' for the same reasons as the first reviewer (R. Albin) on this list: the promise (or implication?) of the title is not delivered.

The biographies are short - fact filled and interesting, but contain nothing that hasn'| |Only two men are honored with statues outside the U.S. Treasury building: Alexander Hamilton and Albert Gallatin. McCraw explores their qualities, foibles, achievements, and failures in order to show why both deserve credit for laying the foundations of Americ

In 1776 the US owed huge sums to foreign creditors and its own citizens but, lacking the power to tax, had no means to repay them. This book tells 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.



You can specify the type of files you want, for your gadget.The Founders and Finance: How Hamilton, Gallatin, and Other Immigrants Forged a New Economy   |  Thomas K. McCraw.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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