TY  - BOOK
AB  - "In A Hercules in the Cradle, Max M. Edling argues that the federal government's abilities to tax and to borrow money, developed in the early years of the republic, were critical to the young nation's ability to wage war and expand its territory. He traces the growth of this capacity from the time of the founding to the aftermath of the Civil War, including the funding of the War of 1812 and the Mexican War. Edling maintains that the Founding Fathers clearly understood the connection between public finance and power: a well-managed public debt was a key part of every modern state. Creating a debt would always be a delicate and contentious matter in the American context, however, and statesmen of all persuasions tried to pay down the national debt in times of peace. A Hercules in the Cradle explores the origin and evolution of American public finance and shows how the nation's rise to great-power status in the nineteenth century rested on its ability to go into debt."--Publisher's Web site.
AU  - Edling, Max M.,
CN  - HJ249
ID  - 1389724
KW  - War
KW  - War
KW  - Finance, Public
KW  - Finance, Public
KW  - Fiscal policy
KW  - Fiscal policy
KW  - Economics.
KW  - Finance, Public.
KW  - Fiscal policy.
KW  - War
N2  - "In A Hercules in the Cradle, Max M. Edling argues that the federal government's abilities to tax and to borrow money, developed in the early years of the republic, were critical to the young nation's ability to wage war and expand its territory. He traces the growth of this capacity from the time of the founding to the aftermath of the Civil War, including the funding of the War of 1812 and the Mexican War. Edling maintains that the Founding Fathers clearly understood the connection between public finance and power: a well-managed public debt was a key part of every modern state. Creating a debt would always be a delicate and contentious matter in the American context, however, and statesmen of all persuasions tried to pay down the national debt in times of peace. A Hercules in the Cradle explores the origin and evolution of American public finance and shows how the nation's rise to great-power status in the nineteenth century rested on its ability to go into debt."--Publisher's Web site.
SN  - 9780226181578
SN  - 022618157X
T1  - A Hercules in the cradle :war, money, and the American state, 1783-1867 /
TI  - A Hercules in the cradle :war, money, and the American state, 1783-1867 /
ER  -