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.

Avsnitt(1073)

The American Revolution was a World War in All but Name

The American Revolution was a World War in All but Name

The Battles of Lexington and Concord in April 1775, known as the "shot heard round the world," marked the first military engagements of the American Revolution. Ralph Waldo Emerson named it that becau...

11 Dec 202556min

How Napoleon and Churchill Used Neuroscience to Make a Better Soldier and More Loyal Public

How Napoleon and Churchill Used Neuroscience to Make a Better Soldier and More Loyal Public

The brain acts in strange ways during wartime. Even in active combat situations, when soldiers are one mistake away from death, many can’t fire on their enemies because their brain is triggering comp...

9 Dec 202545min

William F. Buckley JR.'s Guide to Friendship in a Polarized Era

William F. Buckley JR.'s Guide to Friendship in a Polarized Era

William F. Buckley Jr., the charismatic intellectual who defined modern American conservatism, was famously skilled at forging friendships across the ideological divide, a talent that helped him both ...

4 Dec 202539min

What it Was Like Living Through the USSR’s Collapse

What it Was Like Living Through the USSR’s Collapse

The Collapse of the Soviet Union was twice as devastating as the Great Depression for those who lived there. It immediately led to widespread economic chaos and a breakdown of public services, plungin...

2 Dec 202555min

The Battle of Agincourt, 1415: Longbowmen, Bands of Brothers, and Henry V’s Triumph

The Battle of Agincourt, 1415: Longbowmen, Bands of Brothers, and Henry V’s Triumph

From Shakespeare's 'band of brothers' speech to its appearances in numerous films, Agincourt rightfully has a place among a handful of conflicts whose names are immediately recognized around the world...

27 Nov 202553min

Clarence Dillon: The Roaring 20s Wall Street Baron Who Wrote the Rules for Corporate Takeovers, Junk Bonds, and Bankruptcy

Clarence Dillon: The Roaring 20s Wall Street Baron Who Wrote the Rules for Corporate Takeovers, Junk Bonds, and Bankruptcy

J.P. Morgan, John D. Rockefeller, and Charles E. Mitchell are names that come to mind when thinking of the most prominent icons of wealth and influence during the Roaring Twenties. Yet the one figure ...

25 Nov 202545min

A Utah Indian Chief Controlled the 1800s Mountain West Through Slave Trading, Building Pioneer Trails, Horse Stealing, and Becoming Mormon

A Utah Indian Chief Controlled the 1800s Mountain West Through Slave Trading, Building Pioneer Trails, Horse Stealing, and Becoming Mormon

The American Indian leader Wakara was among the most influential and feared men in the nineteenth-century American West. He and his pan-tribal cavalry of horse thieves and slave traders dominated the ...

20 Nov 20251h

Why Did Rome Fall? Wrong Question. How Did it Last 2,000 Years Despite Changing its Religion, Language, and Government?

Why Did Rome Fall? Wrong Question. How Did it Last 2,000 Years Despite Changing its Religion, Language, and Government?

Rome began as a pagan, Latin-speaking city state in central Italy during the early Iron Age and ended as a Christian, Greek-speaking empire as the age of gunpowder dawned. Everything about it changed,...

18 Nov 202553min

Populärt inom Samhälle & Kultur

podme-dokumentar
gynning-berg
en-mork-historia
p3-dokumentar
aftonbladet-krim
svenska-fall
mardromsgasten
creepypodden-med-jack-werner
skaringer-nessvold
killradet
hor-har
rattsfallen
flashback-forever
spar
aterforeningen-en-podcast-med-thorsten-och-richard-flinck-av-sigge-eklund
vad-blir-det-for-mord
p3-historia
rss-mer-an-bara-morsa
rss-sanning-konsekvens
larm-vi-minns