Alexander hamilton was the architect of the american financial system that endures to this day making his founding era writings on topics such as the national debt trade foreign investment and central banking both resonant and relevant to contemporary readers. Book description while serving as the first treasury secretary from 1789 to 1795 alexander hamilton engineered a financial revolution hamilton established the treasury debt market the dollar and a central bank while strategically prompting private entrepreneurs to establish securities markets and stock exchanges and encouraging state governments to charter a number of commercial banks . Richard sylla professor emeritus at the stern school of business at new york university and david j cowen president and ceo of the museum of american finance have included the defense in their new collection of hamiltons writings alexander hamilton on finance credit and debt. The first report on the public credit was one of four major reports on fiscal and economic policy submitted by american founding father and first united states treasury secretary alexander hamilton on the request of congress the report analyzed the financial standing of the united states of america and made recommendations to reorganize the national debt and to establish the public credit. Author richard sylla traces the development of hamiltons financial thinking policies and actions through a selection of his writings alexander hamilton on finance credit and debt national archives
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