Friday, August 26, 2016

lewrockwell.com - What Hamilton Has Wrought WIP

https://www.lewrockwell.com/2008/10/thomas-dilorenzo/hamiltons-curse/
https://en.wikipedia.org/wiki/Clinton_Rossiter
 https://en.wikipedia.org/wiki/Ron_Chernow
 https://en.wikipedia.org/wiki/William_Graham_Sumner
 https://en.wikipedia.org/wiki/Mercantilism
" The reason Hamilton gave for favoring a large public debt was not to finance any particular project, or to stabilize financial markets, but to combine the interests of the affluent people of the country — particularly business people — to the government. As the owners of government bonds, he reasoned, they would forever support his agenda of higher taxes and bigger government."
Tell that to people who want to say that people collecting welfare are the most likely to be supportive of the government.

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