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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.
Long's plans for the "Share Our Wealth" program attracted much criticism from economists at the time, who stated that Long's plans for redistributing wealth would not result in every American family receiving a grant of $5,000 per year, but rather $400/per year, and that his plans for taxation would cap the average annual income at about $3,000.
The government performs 50% of all R&D in the United States, [33] with a dynamic state-directed public-sector developing most of the technology that later becomes the basis of the private sector economy. Noam Chomsky has referred to the United States economic model as a form of state capitalism. [34]
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]
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
The history of the United States public debt began with federal government debt incurred during the American Revolutionary War by the first U.S treasurer, Michael Hillegas, after the country's formation in 1776. The United States has continuously experienced fluctuating public debt, except for about a year
A financial plan can also be an estimation of cash needs and a decision on how to raise the cash, such as through borrowing or issuing additional shares in a company. [3] Note that the financial plan may then contain prospective financial statements, which are similar, but different, to those of a budget. Financial plans are the entire ...
Franklin Noll "The United States Monopolization of Bank Note Production: Politics, Government, and the Greenback, 1862–1878." American Nineteenth Century History 13.1 (2012): 15–43. George A. Selgin, and Lawrence H. White. "Monetary Reform and the Redemption of National Bank Notes, 1863-1913." Business History Review (1994): 205–243. online