The Burgundian's Tale by Kate Sedley

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The Burgundian's Tale by Kate Sedley

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The Burgundian's Tale by Kate Sedley

While 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.

This 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.
Sedley, Kate: - Kate Sedley, a student of Anglo-Saxon and medieval history, lives in England. She is married and has a son, a daughter, and three grandchildren. The Saint John's Fern is the ninth novel in her critically acclaimed series featuring Roger the Chapman.
SKU Unavailable
ISBN 13 9780727891389
ISBN 10 0727891383
Title The Burgundian's Tale
Author Kate Sedley
Condition Unavailable
Binding type Paperback
Publisher Canongate Books
Year published 2005-08-26
Number of pages 256
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable