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(1073)

Was Leif Erikson First to Visit the New World?

Was Leif Erikson First to Visit the New World?

Today's question comes from Ryan: Was Leif Erikson really the first explorer of European descent to explore North America? WANT ME TO ANSWER YOUR QUESTION ABOUT HISTORY?   Click here to learn more.   ...

30 Touko 20176min

Tevi Troy on Pop Culture in the White House: From Washington’s Library to Trump’s Twitter Account

Tevi Troy on Pop Culture in the White House: From Washington’s Library to Trump’s Twitter Account

In the 21st century presidents can't stay out of the spotlight. Barack Obama released his NCAA tournament brackets every year on ESPN, was a regular guest on Jimmy Fallon and the rest of the late nigh...

29 Touko 201752min

When Did People Start Using Last Names?

When Did People Start Using Last Names?

Today's question comes from Melanie Padon: When did people start using last names and why? How did they come up with them? WANT ME TO ANSWER YOUR QUESTION ABOUT HISTORY?   Click here to learn more.   ...

26 Touko 20176min

Did Conquering Armies Really Salt the Earth of Their Enemies?

Did Conquering Armies Really Salt the Earth of Their Enemies?

Today's question comes to us from Peter Swanson. My question is what is the history of "salting the earth" after a military victory. How would an army in the ancient world have transported tons and to...

25 Touko 20177min

What if JFK Had Lost the 1960 Election?

What if JFK Had Lost the 1960 Election?

Today's question comes to us courtesy of Brandon. Here's his question: This is Brandon Wall, and I'm wondering what would have happened if Nixon beat JFK in the 1960 presidential election. How would t...

24 Touko 201713min

Justin from the Generation Why Podcast: What Assassination Had the Most Impact on History?

Justin from the Generation Why Podcast: What Assassination Had the Most Impact on History?

Today's question comes to us from Justin from the Generation Why Podcast. It's a true crime podcast that you should definitely check out. Here's his question: What murder or assassination through hist...

23 Touko 201718min

Why Your Favorite Presidents (Lincoln, Washington) Actually Screwed Up America—Brion McClanahan

Why Your Favorite Presidents (Lincoln, Washington) Actually Screwed Up America—Brion McClanahan

Quick – name your favorite president. You probably said Washington or Lincoln, right? C'mon. You can be more original than that. Well, Brion McClanahan is original. He gladly tells people that the gre...

19 Touko 201744min

How a Horse Became a Sergeant in the Korean War — Robin Hutton

How a Horse Became a Sergeant in the Korean War — Robin Hutton

The story of Reckless—a pack horse in the Korean War who was a beloved household name in the 1950s and the only animal in U.S. history to officially achieve the rank of Sergeant—is one of the stranges...

19 Touko 20171h 27min

Suosittua kategoriassa Yhteiskunta

olipa-kerran-otsikko
i-dont-like-mondays
sita
kaksi-aitia
siita-on-vaikea-puhua
gogin-ja-janin-maailmanhistoria
uutiscast
poks
antin-palautepalvelu
kolme-kaannekohtaa
rss-nikotellen
mamma-mia
yopuolen-tarinoita-2
aikalisa
rss-murhan-anatomia
rss-haudattu
meidan-pitais-puhua
rss-palmujen-varjoissa
taskula-trishin
isani-on-terapeuttiville