Hamilton's Blessing: The Extraordi...
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Hamilton's Blessing by John Steele Gordon (1996, Hardcover) 
Hamilton's Blessing by John Steele Gordon (1996, Hardcover)

 
Hamilton's Blessing by John Steele Gordon (1996, Hardcover)

Publisher: Walker & Co
Publication Date: 1996-12-01
Language: English
Format: Hardcover
ISBN-10: 0802713238
ISBN-13: 9780802713230
Product ID: EPID363113
Description: A history of the national debt, written by a prominent financial journalist and broadcaster. Gordon describes how Alexander Hamilton foresaw the national debt as a source of political stability, insofar as it provided a financial incenti...
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Synopsis
A history of the national debt, written by a prominent financial journalist and broadcaster. Gordon describes how Alexander Hamilton foresaw the national debt as a source of political stability, insofar as it provided a financial incentive for the fledgling republic's creditors to keep the government in power. The result, in Gordon's view, has been the most stable republican government in history.

Details
Publication Date:1996-12-01

Size
Length:214 pages
Height:8.8 in
Width:5.3 in
Thickness:1.2 in
Weight:12.8 oz

Publisher's Note
At a time when we dispair of ever reducing the national debt, Hamilton's Blessing provides the comfort of perspective. Full of personality and hubris, brilliance and misjudgement, it is an untold story that will open the eyes of all who read it.

Industry Reviews
"Mr. Gordon's subject may well be dismal, but his delivery of it is short and stimulating."
New York Times - Christopher Lehmann-Haupt (02/06/1997)

"When the Aymara Indians of the Andes first encountered the modern monetary system, they had no word for debt, so they called it guano, their word for manure....John Steele Gordon's absorbing new book chronicles the way the United States has amassed its guano over the past two centuries."
Civilization - Jack Weatherford

"A fascinating account of a national institution, lively...highly entertaining and informative."
Washington Post - George F. Will

"Gordon deftly profiles a gallery of financial figures, including aluminum magnate Andrew Mellon (Harding's treasury secretary and the father of 'trickle-down economics') and tough, tubercular Federal Reserve boss Benjamin Strong, whose ill-timed death triggered the 1929 crash."
Winfrey

"For those seeking to understand the national debt, this book is a good place to start - it's just not a good place to stop."
O'Brien

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