Hercules In The Cradle War, Money, and the American State, 1783-1867

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  • Engels
  • Hardcover
  • 9780226181578
  • 01 november 2014
  • 336 pagina's
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Two and a half centuries after the American Revolution the US stands as one of the greatest powers on earth and the undoubted leader of the western hemisphere. The author maintains that the Founding Fathers clearly understood the connection between public finance and power: a well-managed public debt was a key part of every modern state.



Two and a half centuries after the American Revolution the United States stands as one of the greatest powers on earth and the undoubted leader of the western hemisphere. This stupendous evolution was far from a foregone conclusion at independence. The conquest of the North American continent required violence, suffering, and bloodshed. It also required the creation of a national government strong enough to go to war against, and acquire territory from, its North American rivals. In A Hercules in the Cradle, Max M. Edling argues that the federal government's abilities to tax and to borrow money, developed in the early years of the republic, were critical to the young nation's ability to wage war and expand its territory. He traces the growth of this capacity from the time of the founding to the aftermath of the Civil War, including the funding of the War of 1812 and the Mexican War. Edling maintains that the Founding Fathers clearly understood the connection between public finance and power: a well-managed public debt was a key part of every modern state. Creating a debt would always be a delicate and contentious matter in the American context, however, and statesmen of all persuasions tried to pay down the national debt in times of peace. A Hercules in the Cradle explores the origin and evolution of American public finance and shows how the nation's rise to great-power status in the nineteenth century rested on its ability to go into debt.

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Taal
en
Bindwijze
Hardcover
Oorspronkelijke releasedatum
01 november 2014
Aantal pagina's
336
Illustraties
Nee

Betrokkenen

Hoofdauteur
Max M. Edling
Hoofduitgeverij
University Of Chicago Press

Overige kenmerken

Extra groot lettertype
Nee
Product breedte
157 mm
Product hoogte
28 mm
Product lengte
231 mm
Studieboek
Ja
Verpakking breedte
152 mm
Verpakking hoogte
229 mm
Verpakking lengte
28 mm
Verpakkingsgewicht
567 g

EAN

EAN
9780226181578

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