Hamilton's Blessing The Extraordinary Life and Times of Our National Debt
Edition: 2010 (Revised)
List price: $16.00
Buy it from $5.49
30 day, 100% satisfaction guarantee
If an item you ordered from TextbookRush does not meet your expectations due to an error on our part, simply fill out a return request and then return it by mail within 30 days of ordering it for a full refund of item cost.
Learn more about our returns policy
Description: A revised and updated paperback edition of what theWall Street Journalcalled an "absorbing historical narrative," by one of America's preeminent business historians.The United States was born in debt. For many in the late eighteenth century, a national debt was unthinkable; for Alexander Hamilton, it was a glowing opportunity"a national blessing...a powerful cement to our union and a spur to industry"and he made it forever a part of our government's fiscal policy. Today the debt has grown so massive as to be both incomprehensible and threatening. But that very mass obscures its vibrant history, a legacy intertwined with and central to the story of our country.Since the 1997 publication ofHamilton's Blessing, the national debt has more than doubled, and it will do so again in the coming years. John Steele Gordon has substantially revised his original manuscript to take these dramatic events into account, once again making his book essential reading for anyone who values the perspective of history. For the story of the debt traces the history of our government and of economic thinking over almost 220 years. Offering pocket histories of our banking and tax systems, Gordon unveils a range of human dramas: Stephen Girard, who personally arranged the financing to sustain the War of 1812; Benjamin Strong, the governor of the New York Federal Reserve, whose untimely death in 1928 undoubtedly heightened the Great Depression; John Maynard Keynes, whose controversial theories have caused endless debate, however much they are now back in vogue.At a time when we fear the long-term impact of our massive debt,Hamilton's Blessingprovides muchneeded insight and perspective.
Rush Rewards U
You have reached 400 XP and carrot coins. That is the daily max!
Limited time offer:
Get the first one free!
All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.
List price: $16.00
Copyright year: 2010
Publisher: Walker & Company
Publication date: 4/5/2010
Size: 5.50" wide x 8.25" long x 0.75" tall
|The Hamiltonian Miracle|
|Andrew Jackson Redeems the Debt|
|Armageddon and the National Debt|
|The Twilight of the Old Consensus|
|Keynesianism and the Madison Effect|
|The Debt Explodes|
|Appendix: The Statistics|