The Most Famous Founding Father You’ve Never Heard of Was Hamilton's Arch-Nemesis and a Deficit Hawk

The Most Famous Founding Father You’ve Never Heard of Was Hamilton's Arch-Nemesis and a Deficit Hawk

Alexander Hamilton had a nemesis… and it was not Aaron Burr. After Hamilton enacted a wide-scale spending program to build up America's military and infrastructure, and thus send it into debt, newly-elected President Thomas Jefferson chose a Secretary of the Treasury to dismantle his system—Albert Gallatin.

Considered a “foreigner, a tax rebel, and a dangerously clever man,” the Geneva-born Gallatin was despised by Hamilton and the Federalists. During their political careers, these two economic masterminds were locked in a battle to surmount the other’s financial system for the new nation.

During his twelve years as Secretary of the Treasury, Gallatin overcame his predecessor by
-- Repaying half of the national debt
-- Containing the federal government by restraining its fiscal power
-- Abolishing internal taxes in peacetime
-- Slashing spending

Today I'm talking with Gregory May, author of the new book Jefferson’s Treasure: How Albert Gallatin Saved the New Nation from Debt.

We discuss Gallatin’s rise to power, his tumultuous years at the Treasury, and his enduring influence on American fiscal policy.

See omnystudio.com/listener for privacy information.

Jaksot(1075)

How a 1522 Battled Transformed Russia from a Minor Duchy into Earth's Largest Empire

How a 1522 Battled Transformed Russia from a Minor Duchy into Earth's Largest Empire

The Russian Siege of Kazan in 1552 and the conquest of Kazan and Astrakhan by Muscovy can be seen as the birth of a Russian Empire. It had profound consequences for the steppe region and beyond, allow...

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Lost Civilizations, Part 3: European Visitors to the New World Before Columbus

Lost Civilizations, Part 3: European Visitors to the New World Before Columbus

Learn about cultures that came to America long before Columbus, suggesting that trans-oceanic voyages could be accomplished well back into the Bronze Age.See omnystudio.com/listener for privacy inform...

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Lost Civilizations, Part 2: The Egyptian Pyramid Builders, the Nabateans, and the Aksumites.

Lost Civilizations, Part 2: The Egyptian Pyramid Builders, the Nabateans, and the Aksumites.

Welcome to part two on our series on the greatest lost civilizations in history. Today we are looking at three groups: The Egytian Pyramid Builders, the Nabateans, and the Aksumites. These three group...

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Lost Civilizations: Ancient Societies that Vanished Without a Trace, Part 1

Lost Civilizations: Ancient Societies that Vanished Without a Trace, Part 1

A stock trope of literature is the king who believes that his kingdom will last forever, only to see it collapse under his own hubris (Exhibit A is Percy Bysshe Shelly's Ozymandias). But the trope is ...

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The Most Powerful Women in the Middle Ages, Part 3: Elizabeth of Tudor and Ottoman Queen Mother Kösem Sultan

The Most Powerful Women in the Middle Ages, Part 3: Elizabeth of Tudor and Ottoman Queen Mother Kösem Sultan

This is the third in our three-part series on the most powerful women in the Middle Ages. To wrap things up we will explore the lives of two female rulers — one very famous, the other almost unknown. ...

28 Elo 201858min

Teaser: Intro to Audie Murphy Series

Teaser: Intro to Audie Murphy Series

Subscribe today for access to all premium episodes! https://patreon.com/unpluggedSee omnystudio.com/listener for privacy information.

25 Elo 20186min

The Most Powerful Women in the Middle Ages, Part 2: Catherine of Sienna and Isabella of Castile

The Most Powerful Women in the Middle Ages, Part 2: Catherine of Sienna and Isabella of Castile

Female rulers dominated the Middle Ages. But it wasn't just the queens or empresses who wielded enormous power. This episode is the second of a three-part series at the lives of the most powerful wome...

23 Elo 201844min

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