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The Founders And Finance: How Hamilton, Gallatin, And Other Immigrants Forged A New Economy,New
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In 1776 The United States Government Started Out On A Shoestring And Quickly Went Bankrupt Fighting Its War Of Independence Against Britain. At The Wars 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 Foreignborn Financial Specialistsimmigrantssolved The Fiscal Crisis And Set The United States On A Path To Longterm Economic Success.Pulitzer Prizewinning 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 Nativeborn Plantation Owners Washington, Jefferson, And Madison, Who Well Understood The Management Of Land And Slaves But Had Only A Vague Knowledge Of Financial Instrumentscurrencies, Stocks, And Bonds. The Very Rootlessness Of Americas 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, Andbarelyto Fight The War Of 1812, Which Preserved The Nations Hardwon Independence From Britain.
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- Q: How many pages does this book have? A: This book has four hundred ninety-six pages. It provides an in-depth exploration of economic history and financial innovations.
- Q: What is the binding type of this book? A: The book is bound in hardcover. This ensures durability and longevity for readers.
- Q: What are the dimensions of this book? A: The book measures six and a half inches in length, one and a half inches in width, and nine and a half inches in height.
- Q: Who is the author of this book? A: The author is Thomas K. McCraw. He is a Pulitzer Prize-winning writer known for his expertise in economic history.
- Q: What category does this book fall under? A: This book is categorized under Economic History. It discusses the financial landscape of early America.
- Q: How do I read this book effectively? A: To read this book effectively, consider taking notes on key financial concepts. This helps in understanding the economic strategies discussed.
- Q: Is this book suitable for beginners in economic history? A: Yes, this book is suitable for beginners. It explains complex financial concepts in an accessible manner.
- Q: What age group is this book appropriate for? A: This book is appropriate for adults and older teens interested in history and finance. It contains advanced concepts that may not be suitable for younger readers.
- Q: How should I care for this hardcover book? A: To care for this hardcover book, keep it in a dry place and avoid direct sunlight. This prevents damage to the cover and pages.
- Q: Can this book be used as a reference in academic studies? A: Yes, this book can be used as a reference in academic studies. It is well-researched and provides valuable insights into economic history.
- Q: What if I find a damaged book upon delivery? A: If you find a damaged book upon delivery, contact the seller for a return or replacement. Most sellers have customer service policies for such issues.
- Q: Is there a warranty for this book? A: Books typically do not come with a warranty. However, check with the seller for their specific return policy.
- Q: How can I enhance my understanding of the book's content? A: To enhance your understanding, consider joining a book club or discussing the themes with peers. This provides different perspectives on the material.
- Q: Does this book include illustrations or charts? A: No, this book does not include illustrations or charts. It focuses on text to convey its historical and financial analysis.
- Q: Can I gift this book to someone interested in finance? A: Yes, this book makes a great gift for anyone interested in finance and history. Its insights are valuable for readers looking to understand economic foundations.
- Q: Is this book part of a series? A: No, this book is not part of a series. It stands alone as a comprehensive examination of early American finance.