Alexander Hamilton Economic Genius Essay

PART ONE: ISSUE #7 Alexander Hamilton was born on January 17, 1755 in the Caribbean. He attended Kings College, which is now Columbia University, in New York. Throughout his career(s), he was a military officer, lawyer, financier, and political theorist. Hamilton was elected to the Continental Congress from New York, but he resigned to study law. He served in the New York Legislature, and he was the only New Yorker who signed the U.S. Constitution. Many people considered Alexander Hamilton to be single person to be responsible for the superior economic procedures we hold today. This brings us to our first question: Was Alexander Hamilton an economic genius? Historian John Steele Gordon said yes, Alexander Hamilton was indeed an economic genius. He claimed that Hamilton’s policies for funding and assuming the debts of the confederation and state governments and for establishing a privately controlled Bank of the United States laid the foundation for the rich and powerful national economy we enjoy today. “Hamilton, a deep student of economics, understood public finance thoroughly, a fact he would make dazzlingly clear in the next few years”, says John Steele Gordon. “He sought to
He boldly claimed that Lincoln stated over and over that he was opposed to racial equality. “Lincoln also said that he was not and never had been in favor of making voters and jurors of Negroes, nor of qualifying them to hold office, nor to intermarry with white people” This was quite the strong and bold statement to make about our 16th and arguably best president we as a nation have ever had. DiLorenzo says that Abe also defended slave-owners rights to own their “property”. According to DiLorenzo, “on the topic of emancipation, Lincoln said, free them, and make them politically and socially our equals? My own feelings will not admit of this… We cannot, then, make them