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Alexander Hamilton, a portrait by William J. Weaver now housed in the U.S. Department of State. In United States history, the Hamiltonian economic program was the set of measures that were proposed by American Founding Father and first Secretary of the Treasury Alexander Hamilton in four notable reports and implemented by Congress during George Washington's first term.
The Compromise of 1790 was a compromise among Alexander Hamilton, Thomas Jefferson, and James Madison, where Hamilton won the decision for the national government to take over and pay the state debts, and Jefferson and Madison obtained the national capital, called the District of Columbia, for the South.
The report analyzed the financial standing of the United States and made recommendations to reorganize the national debt and to establish the public credit. [2] Commissioned by the US House of Representatives on September 21, 1789, the report was presented on January 9, 1790, [3] at the second session of the 1st US Congress. [4]
Last month I met up with David Cowen, CEO of the Museum of American Finance in New York, for a tour and chat about financial history. In this clip, Cowen shows us one of America's very first ...
Tariffs in United States history; Protectionism in the United States; Friedrich List, German-American economist; Import substitution industrialization, a key feature of the American System adopted in much of the Third World during the twentieth century; Lincoln's expansion of the federal government's economic role
Share Our Wealth was a movement that began in February 1934, during the Great Depression, by Huey Long, a governor and later United States Senator from Louisiana. [1] Long first proposed the plan in a national radio address, which is now referred to as the "Share Our Wealth Speech". [ 2 ]
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP .
The Panic of 1819 was the first widespread and durable financial crisis in the United States that slowed westward expansion in the Cotton Belt and was followed by a general collapse of the American economy that persisted through 1821. The Panic heralded the transition of the nation from its colonial commercial status with Europe toward an ...