Monday, January 5, 2009

One Nation Under Debt or On Liberty and Other Essays

One Nation Under Debt: Hamilton, Jefferson, and the History of What We Owe

Author: Robert E Wright

A noted economic historian reveals the political and economic battle behind early America's first national debt and its continued legacy today

Since the Revolutionary period, our leaders have warred over the role of debt and finance in building a great nation. In One Nation Under Debt, noted historian Robert E. Wright expertly explores the story of our first U.S. national debt, which arose during the Revolution and was extinguished during the presidency of Andrew Jackson. Throughout the book, he examines in detail the seminal events that spawned profound changes in the structure of the U.S. financial system and the nature of debt.

The author first explains the political and economic importance of government debt markets. He then looks at the long-term development of national debt and the pro-debt views of Alexander Hamilton and those of critics like Thomas Jefferson. Wright also describes Andrew Jackson's complete repayment of the national debt-offering concrete lessons that can help in handling our current and future debt.



Interesting book: Running the World or Dying to Win

On Liberty and Other Essays

Author: John Stuart Mill

Collected here in a single volume for the first time, On Liberty, Utilitarianism, Considerations on Representative Government, and The Subjection of Women show John Stuart Mill applying his liberal utilitarian philosophy to a range of issues that remain vital today--the nature of ethics, the scope and limits of individual liberty, the merits of and costs of democratic government, and the place of women in society. In his Introduction John Gray describes these essays as applications of Mill's doctrine of the Art of Life, as set out in A System of Logic. Using the resources of recent scholarship, he shows Mill's work to be far richer and subtler than traditional interpretations allow.



Table of Contents:
On liberty
Utilitarianism
Considerations on representative government
The subjection of women

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