The Founders and Finance: How Hamilton, Gallatin, and Other Immigrants Forged a New Economy

by Thomas K. McCraw

Book Overview

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...

• Format: Hardcover
• Language: English
• ISBN: 0674066928
• ISBN13: 9780674066922
• Release Date: October 2012
• Publisher: Belknap Press
• Length: 496 Pages
• Weight: 2.03 lbs.
• Dimensions: 1.6" x 6.4" x 9.5"