Hamiltonian economic program
Encyclopedia
The Hamiltonian economic program was the set of measures that were proposed by American Founding Father and 1st Secretary of the Treasury
Alexander Hamilton
in three notable reports and implemented by Congress during George Washington's
first administration.
Related articles:
United States Secretary of the Treasury
The Secretary of the Treasury of the United States is the head of the United States Department of the Treasury, which is concerned with financial and monetary matters, and, until 2003, also with some issues of national security and defense. This position in the Federal Government of the United...
Alexander Hamilton
Alexander Hamilton
Alexander Hamilton was a Founding Father, soldier, economist, political philosopher, one of America's first constitutional lawyers and the first United States Secretary of the Treasury...
in three notable reports and implemented by Congress during George Washington's
George Washington
George Washington was the dominant military and political leader of the new United States of America from 1775 to 1799. He led the American victory over Great Britain in the American Revolutionary War as commander-in-chief of the Continental Army from 1775 to 1783, and presided over the writing of...
first administration.
- First Report on Public CreditFirst Report on the Public CreditThe First Report on Public Credit was the first of three major reports on economic policy issued 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...
- pertaining to the assumption of federal and state debts and finance of the United States government. - Second Report on Public CreditSecond Report on Public CreditThe Second Report on Public Credit was the second report of three major reports on economic policy issued by Founding Father of the United States and first United States Treasury Secretary Alexander Hamilton on the request of Congress for consideration on establishing a national banking system with...
- pertaining to the establishment of a National Bank. - Report on ManufacturesReport on ManufacturesThe Report on Manufactures is the third report, and magnum opus, of American Founding Father and 1st U.S. Treasury Secretary Alexander Hamilton...
- pertaining to the policies to be followed to encourage manufacturing and industry within the United States.
Related articles:
- Federalist Party, Hamilton's political party, which supported his program and pushed most of them through Congress
- American School (economics)American School (economics)The American School, also known as "National System", represents three different yet related constructs in politics, policy and philosophy. It was the American policy for the 1860s to the 1940s, waxing and waning in actual degrees and details of implementation...
, for the Hamiltonian American School of economics practiced by the United States from 1790s-1970s rooted in the three Reports, based on tariffs which built the American industrial infrastructure.