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Author
Publisher
Belknap Press of Harvard University Press
Pub. Date
2012.
Language
English
Description
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{u2019}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{u2014}immigrants{u2014}solved the...
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