Alexander Hamilton, whose financial acumen financed George Washington’s army, and very likely paved the way to win the American Revolution, was a big fan of the national debt. “A national debt, if it is not excessive, will be to us a national blessing,” Hamilton wrote. Not only does it let a country finance growth by…
Alexander Hamilton, whose financial acumen financed George Washington’s army, and very likely paved the way to win the American Revolution, was a big fan of the national debt. “A national debt, if it is not excessive, will be to us a national blessing,” Hamilton wrote. Not only does it let a country finance growth by…Read more…