A National Blessing: Debt and Public Credit in the Atlantic Foundation of the United States of America
DOI:
https://doi.org/10.6092/issn.1825-9618/3888Keywords:
American Revolution, American State, Public Debt, National Bank, CapitalismAbstract
In the premises, the author analyses how the different historiographical trends concerning the Atlantic world have reduced the centrality of the State, and recent researches which focused on the processes of State-building and on the financial revolutions between the Seventeenth and the Nineteenth centuries. Within this frame, the essay outlines an Atlantic history of the foundation of the U.S. through a reading of the Report on Public Credit (1782) of Robert Morris, Superintendent of Finances, and some writings of Alexander Hamilton, Secretary of the Treasury. The author argues that the institution of public debt and the foundation of the national bank constituted an adequate response not only to the need of State which characterized European history, but also to the capitalistic practices which marked European economies. The author underlines the continuity between the processes of State-building and the transition to capitalism in Europe and America in the age of the democratic revolutions.Downloads
Published
2013-07-24
How to Cite
Battistini, M. (2013). A National Blessing: Debt and Public Credit in the Atlantic Foundation of the United States of America. Scienza & Politica. Per Una Storia Delle Dottrine, 25(48). https://doi.org/10.6092/issn.1825-9618/3888
Issue
Section
From the European to the Global State (edited by Matteo Battistini)
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Copyright (c) 2013 Matteo Battistini
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