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Bibliographical footnotes. Report relative to a provision for the support of public credit, January 9, 1790.--The second report on the further provision necessary for establishing public credit (Report on a national bank) December 13, 1790.--Opinion on the constitutionality of the bank, February 23, 1791.--Report on manufactures, December 5, 1791.
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The fiscal crisis faced by the American federal government represents the end of a fiscal regime that began with the financing of World War II. In this volume, an interdisciplinary group of scholars explores the history of American taxation and public finance since 1941 in an attempt to understand the political, social, and economic forces that have shaped the current regime. Specifically, they examine the historical context of earlier tax programs...
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Why have the monsters of public finance - pork-barrel spending, entitlements, and the deficit - remained unchecked for so long? What effects have they had on our economy and our politics? In this concise, well-written primer of American political economy, political scientist Cal Mackenzie and economist Saranna Thornton combine forces to clear up some of the mysteries of contemporary economic theory and practice. They take us on a sweeping tour of...
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George Grenville could have upheld Parliament's sovereignty, raised revenue, reduced smuggling, and asserted British control over the colonies by lowering the duty on foreign molasses imported into America from sixpence to one penny per gallon. But Grenville chose to set the duty at threepence instead, thereby irritating the mercantile community in the colonies. Would setting the molasses duty at one penny and collecting interest on paper currency...
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"In 1776 the United States government started out on a shoestring and quickly went bankrupt fighting its War of Independence against Britain. At the war's end, the national government owed tremendous sums to foreign creditors and its own citizens. But lacking the power to tax, it had no means to repay them. The Founders and Finance is the first book to tell the story of how foreign-born financial specialists--immigrants--solved the fiscal crisis and...
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