Hamiltonian economic program
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. These reports outlined a coherent program of national mercantilism- government-assisted economic development.
- First Report on Public Credit - pertaining to the assumption of federal and state debts and finance of the United States government. (1790)
- Second Report on Public Credit - pertaining to the establishment of a National Bank. (1790)
- Report on Manufactures - pertaining to the policies to be followed to encourage manufacturing and industry within the United States. (1791)
See also
- Federalist Party, Hamilton's political party, which supported his program and pushed most of them through Congress.
- American School (economics), 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.
This article is issued from Wikipedia - version of the Monday, March 02, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.