The Founders and Finance pdf epub mobi txt 电子书 下载 2024


The Founders and Finance

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Thomas K. McCraw
Belknap Press
2012-10-15
496
USD 35.00
Hardcover
9780674066922

图书标签: 历史  经济  美国  政治  金融史  财经-牛人传记  美国历史  彭博社书单   


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发表于2024-11-07

The Founders and Finance epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

The Founders and Finance epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

The Founders and Finance pdf epub mobi txt 电子书 下载 2024



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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 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--immigrants--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--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--barely--to fight the War of 1812, which preserved the nation's hard-won independence from Britain.

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