Hamilton versus Wall Street: The Core Principles of the American System of Economics

Spannaus, Nancy Bradeen

ISBN 10: 1532067542 / ISBN 13: 9781532067549

Published by Authorhouse, 2019

About this Item

The item shows wear from consistent use, but it remains in good condition and works perfectly. All pages and cover are intact including the dust cover, if applicable . Spine may show signs of wear. Pages may include limited notes and highlighting. May NOT include discs, access code or other supplemental materials.

Seller Inventory # BVV.1532067542.G

Bibliographic Details

• Title: Hamilton versus Wall Street: The Core Principles of the American System of Economics
• Publisher: Authorhouse
• Publication Date: 2019
• Language: English
• ISBN 10: 1532067542
• ISBN 13: 9781532067549
• Binding: Soft cover
• Condition: good

About this title

Synopsis

If you are concerned about getting our economy out of its current crisis, this is the book for you. Spannaus argues that if Alexander Hamilton were alive today, he would be Wall Street's biggest critic, and she proceeds to show how his principles for economic growth, later known as the American System of Economics, were the exact opposite of those speculative practices of today, how they were applied in our history, and how we might apply them now.
     While Ron Chernow's biography provided an exhaustive review of Hamilton's life, Spannaus homes in on his core ideas, starting from his Report on Manufactures. There are no romantic flourishes, as in the Musical, but the reader will find many shockers about Hamilton's attacks on plutocratic practices, and the astonishing spread of his ideas after his death. The periods of our history where Hamilton's ideas were implemented were the most productive for our prosperity, notably those of Presidents John Quincy Adams, Abraham Lincoln, and Franklin Roosevelt.

      This is not a dry academic book. The content of the American System is delivered in 11 concise chapters which clearly delineate Hamiltonian principles, and the actions of those who implemented them. Numerous readers have commented on how approachable the content is for a book on economics. They have also shown surprise at the importance of the manufacturing perspective from the early days of our republic, and the connection between the nation's political economy and our prospects for political unity, up until today.

About the Author

Nancy Bradeen Spannaus is a retired journalist/editor who has been intensively studying history, economics, and politics for 50 years. She approaches these subjects from the standpoint of lessons, especially those of principle, to be learned for the progress of all mankind.  She believes that man's creative intellect is the chief, and nearly inexhaustible, source of wealth in the world, and in that view, she saw a kindred spirit in Alexander Hamilton, when she read his Report on Manufactures in the mid-1970s.     From that discovery came her discovery of the American System and its history. She co-edited a book of writings on its predecessors and protagonists in 1977 (The Political Economy of the American Revolution). That book was reprinted in 1996.
     After retiring from her editing career, Nancy launched a blog called americansystemnow and continued her studies.  She wrote Hamilton Versus Wall Street in early 2019 in hopes of taking advantage of Hamilton's new popularity, thanks to the Musical, to spread his ideas.     Nancy has a Bachelors degree in Philosophy from Bryn Mawr College (magna cum laude, 1965) and a Masters degree from Columbia University School of Social Work (1967). She is a member of the Daughters of the American Revolution and the Alexander Hamilton Awareness Society. She has deep New England roots.     Nancy lives in northern Virginia with her husband Ed and two amusing cats. She is a mother and a grandmother.