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Very Good Condition in As New jacket. 485 pages. Boards are square, flat and clean. Tight binding. Dust jacket has been placed in removable protective cover. A few pages marked with dogears, interior is otherwise clean and unmarked. Quantity Available: 1. Category: History; ISBN/EAN: 9780674066922. Pictures of this item not already displayed here available upon request. Inventory No: 52812.
Good. Connecting readers with great books since 1972. Used books may not include companion materials, some shelf wear, may contain highlighting/notes, and may not include cd-rom or access codes. Customer service is our top priority!
496 pages. Hardcover with dustjacket. Brand new book. UNITED STATES HISTORY. 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 government owed tremendous sums to foreign creditors and its own citizens. But lacking the power to tax, it had no means to repay them. The Founders and Finance is the first book to tell the story of how foreign-born financial specialists&emdash; immigrants&emdash; solved the fiscal crisis and set the United States on a path to long-term economic success. Pulitzer Prize-winning author Thomas K. McCraw analyzes the skills and worldliness of Alexander Hamilton (from the Danish Virgin Islands), Albert Gallatin (from the Republic of Geneva), and other immigrant founders who guided the nation to prosperity. Their expertise with liquid capital far exceeded that of native-born plantation owners Washington, Jefferson, and Madison, who well understood the management of land and slaves but had only a vague knowledge of financial instruments&emdash; currencies, stocks, and bonds. The very rootlessness of America's immigrant leaders gave them a better understanding of money, credit, and banks, and the way each could be made to serve the public good. The remarkable financial innovations designed by Hamilton, Gallatin, and other immigrants enabled the United States to control its debts, to pay for the Louisiana Purchase of 1803, and&emdash; barely&emdash; to fight the War of 1812, which preserved the nation's hard-won independence from Britain. "Well told by McCraw are the familiar stories of Hamilton's consolidation and funding of the public debt, of his incessant fighting with Thomas Jefferson, and of his final duel with Aaron Burr… McCraw shows just how different was Jefferson's party from the one doing business under the Republican banner today."&emdash; James Grant, The Wall Street Journal "A detailed account of the financial negotiations that helped underwrite the United States might not strike some readers as inherently gripping fare, but McCraw has made it every bit as interesting as the more standard accounts of battling redcoats. Men like Morris, Gallatin, and Hamilton had enormous potential to become 'the most dangerous men in the world' (in fact they did become so, in the eyes of their many enemies), and The Founders and Finance takes us into the heart of their temptations."&emdash; Steve Donoghue, Open Letters Monthly "If you think the current system is a mess, consider the national economy after the American Revolution… A welcome addition to business and financial history, illuminating little-known aspects of the early republic."&emdash; Kirkus Reviews "We may not know what we are doing with our own public finances, but perhaps we may take some comfort in the fact that the Founders, two centuries ago, did not know what they were doing, either."&emdash; Gordon Wood, The New Republic "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 American governmental finance… McCraw is a talented storyteller. His highly readable and fascinating work portrays the brilliance of Hamilton and Gallatin against the difficulty of their time and is strongly recommended to all readers interested in American and financial history."&emdash; Lawrence Maxted, Library Journal (starred review) "McCraw sheds light on personalities and policies in this overview of the development of early American finance. The newly independent United States 'had long been bankrupt'; both the fledgling national government and the states were in hock for the War of Independence… Hamilton's decisive advocacy of a national bank and assumption of state war debts laid the basis...
New. 100% Money Back Guarantee. Brand New, Perfect Condition. We offer expedited shipping to all US locations. Over 3, 000, 000 happy customers. Sewn binding. Cloth over boards. With printed dust jacket. 496 p. 24 halftones.
Fine. 100% Money Back Guarantee. Brand New, Perfect Condition. We offer expedited shipping to all US locations. Over 3, 000, 000 happy customers. Sewn binding. Cloth over boards. With printed dust jacket. 496 p. 24 halftones.
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