Founding Choices

by Irwin, Douglas A.; Sylla, Richard

• ISBN13: 9780226384740
• ISBN10: 0226384748
• Format: Hardcover
• Copyright: 2011-01-15
• Publisher: Univ of Chicago Pr

Summary

The political decisions made by the founding fathers were crucial to the success of the early republic. But the economic decisions they made were just as pivotal, ensuring the general welfare and common defense of the United States for decades to come. Founding Choicesexplores these economic choices and their profound influence on American life, westward expansion, and influence abroad. Among the topics covered are finance, trade, and monetary and banking policy, with a focus on the factors guiding those policies and their end result. This book redresses the relative neglect of the economic achievements of the founders. It will be essential reading for historians and economists alike.

Table of Contents

Acknowledgements	p. ix
The Significance of the Founding Choices: Editors' Introduction	p. 1
Politics
The Constitutional Choices of 1787 and Their Consequences	p. 25
Policy
Financial Foundations: Public Credit, the National Bank, and Securities Markets	p. 59
Revenue or Reciprocity? Founding Feuds over Early US. Trade Policy	p. 89
Monetary Policy and the Dollar	p. 121
Federal and State Commercial Banking Policy in the Federalist Era and Beyond	p. 151
The Other Foundings: Federalism and the Constitutional Structure of American Government	p. 177
Business Organization and the Factors of Production
Rise of the Corporation Nation	p. 217
U.S. Land Policy: Founding Choices and Outcomes, 1781-1802	p. 259
Free Labor and Slave Labor	p. 291
Looking Backward: Founding Choices in Innovation and Intellectual Property Protection	p. 315
Contributors	p. 343
Athor Index	p. 345
Subject Index	p. 351
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