June 3rd 09, 07:58 AM
“Hamilton’s Curse” by Thomas J. DiLorenzo
[Steve Sailer]
>>" The Austrian economics scholar Tom DiLorenzo defends Thomas Jefferson at the expense of his great rival Alexander Hamilton in a lucid new book.
My personal view is that America was very lucky that the two men
tended to concentrate on their strong suits and let the other man
carry out his field of expertise. Hamilton restored confidence in
government finances and protected “infant industries.” Jefferson
concentrated on making sure America’s distribution of land ownership
wasn’t as unequal as Latin America by abolishing primogeniture and
setting up a sophisticated system for land sales so that land would be
available to small farmers. If the they had reversed their fields of
focus, the country would probably have ended up like Argentina, with
huge inequalities in land ownership and shoddy finances." <<
http://blog.vdare.com/archives/2009/06/02/hamiltons-curse-by-thomas-j-dilorenzo/
[Steve Sailer]
>>" The Austrian economics scholar Tom DiLorenzo defends Thomas Jefferson at the expense of his great rival Alexander Hamilton in a lucid new book.
My personal view is that America was very lucky that the two men
tended to concentrate on their strong suits and let the other man
carry out his field of expertise. Hamilton restored confidence in
government finances and protected “infant industries.” Jefferson
concentrated on making sure America’s distribution of land ownership
wasn’t as unequal as Latin America by abolishing primogeniture and
setting up a sophisticated system for land sales so that land would be
available to small farmers. If the they had reversed their fields of
focus, the country would probably have ended up like Argentina, with
huge inequalities in land ownership and shoddy finances." <<
http://blog.vdare.com/archives/2009/06/02/hamiltons-curse-by-thomas-j-dilorenzo/