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)

Socrates May Have Been Executed For Revealing Secrets of Athens’ Religious Rituals

Socrates May Have Been Executed For Revealing Secrets of Athens’ Religious Rituals

The influence of the ancient Greek philosopher Socrates has been profound. Even today, over two thousand years after his death, he remains one of the most renowned humans to have ever lived—and his de...

18 Huhti 202443min

The Age of Discovery Through American-Indian Eyes

The Age of Discovery Through American-Indian Eyes

A millennium ago, North American cities rivaled urban centers around the world in size. So, when Europeans arrived in the sixteenth century, they encountered societies they did not understand, having ...

16 Huhti 202444min

A Short History of the Sioux Wars (1862-1890)

A Short History of the Sioux Wars (1862-1890)

War, Conflict, Victory & Defeat. These are all aspects of life that some may have to face. This was true for the various groups of the Sioux Tribes. On today's bonus episode from "Key Battles of Ameri...

12 Huhti 202425min

The Deerfield Massacre: The Infamous 1704 Indian Raid That Left Hundreds Dead and More Captured

The Deerfield Massacre: The Infamous 1704 Indian Raid That Left Hundreds Dead and More Captured

In an obscure village in western Massachusetts, there lies what once was the most revered but now totally forgotten relic from the history of early New England—the massive, tomahawk-scarred door that ...

11 Huhti 202438min

The Dangerous and Thrilling Life of a 19th-Century Whaler

The Dangerous and Thrilling Life of a 19th-Century Whaler

In mid-nineteenth century New England, Robert Armstrong was a young man with the world at his feet. His family was wealthy and gave him the opportunity to attend the nation’s first dental school. But ...

9 Huhti 202446min

Fiorello LaGuardia: Immigrant Son and Ellis Island Interpreter Who Became America’s Mayor

Fiorello LaGuardia: Immigrant Son and Ellis Island Interpreter Who Became America’s Mayor

Fiorello LaGuardia was one of the twentieth century’s most colorful politicians―a 5’2’’ ball of energy who led New York as major during the Depression and World War Two, charming the media during pres...

4 Huhti 202441min

How the West Tried and Failed to Stop the Russian Revolution

How the West Tried and Failed to Stop the Russian Revolution

The Allied Intervention into the Russian Civil War remains one of the most ambitious yet least talked about military ventures of the 20th century. Coinciding with the end of the first World War, some ...

2 Huhti 202441min

Kings Were Inevitable and Untouchable Until They Suddenly Weren’t After a Few 1700s Revolutions

Kings Were Inevitable and Untouchable Until They Suddenly Weren’t After a Few 1700s Revolutions

At the turn of the nineteenth century, two waves of revolutions swept the Atlantic world, disrupting the social order and ushering in a new democratic-republican experiment whose effects rippled acros...

28 Maalis 202442min

Suosittua kategoriassa Yhteiskunta

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