{"product_id":"alexander-hamilton-on-finance-credit-and-debt-paperback","title":"Alexander Hamilton on Finance, Credit, and Debt - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eDavid Cowen\u003c\/b\u003e (Author), \u003cb\u003eRichard Sylla\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eWhile serving as the first Treasury Secretary from 1789 to 1795, Alexander Hamilton engineered a financial revolution. Hamilton established the Treasury debt market, the dollar, and a central bank, while strategically prompting private entrepreneurs to establish securities markets and stock exchanges and encouraging state governments to charter a number of commercial banks and other business corporations. Yet despite a recent surge of interest in Hamilton, U.S. financial modernization has not been fully recognized as one of his greatest achievements. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eThis book traces the development of Hamilton's financial thinking, policies, and actions through a selection of his writings. The financial historians and Hamilton experts Richard Sylla and David J. Cowen provide commentary that demonstrates the impact Hamilton had on the modern economic system, guiding readers through Hamilton's distinguished career. The book showcases Hamilton's thoughts on the nation's founding, the need for a strong central government, confronting problems such as a depreciating paper currency and weak public credit, and the architecture of the financial system. His great state papers on public credit, the national bank, the mint, and manufactures instructed reform of the nation's finances and jumpstarted economic growth. Hamilton practiced what he preached: he played a key role in the founding of three banks and a manufacturing corporation, and his deft political maneuvering and economic savvy saved the fledgling republic's economy during the country's first full-blown financial crisis in 1792. Sylla and Cowen center Hamilton's writings on finance among his most important accomplishments, making his brilliance as an economic policy maker accessible to all interested in this Founding Father's legacy.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eRichard Sylla is professor emeritus of economics and the former Henry Kaufman Professor of the History of Financial Institutions and Markets at New York University Stern School of Business. He is a research associate of the National Bureau of Economic Research and chairman of the Museum of American Finance. Among his books are \u003ci\u003eFounding Choices: American Economic Policy in the 1790s\u003c\/i\u003e (2011) and\u003ci\u003e Alexander Hamilton: The Illustrated Biography \u003c\/i\u003e(2016). \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eDavid J. Cowen is president and CEO of the Museum of American Finance. He is author of \u003ci\u003eThe Origins and Economic Impact of the First Bank of the United States, \u003c\/i\u003e\u003ci\u003e1791-1797\u003c\/i\u003e (2000) and coauthor of \u003ci\u003eFinancial Founding Fathers: The Men Who Made America Rich\u003c\/i\u003e (2006).\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 360\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.8 x 8.7 x 5.5 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e November 19, 2019\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":52477960159539,"sku":"9780231184571","price":29.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0300\/5595\/6612\/files\/RXBLWWk5UXVEL3paYXEyalFVeDRUUT09.webp?v=1759625823","url":"https:\/\/www.vysn.com\/products\/alexander-hamilton-on-finance-credit-and-debt-paperback","provider":"VYSN","version":"1.0","type":"link"}