Quotes About Hamiltonian

he hated the financial speculation that would result from the Hamiltonian vision of commerce. "It is much to be wished that every discouragement should be thrown in the way of men who undertake to trade without capital," Jefferson said.91 "The consumers pay for it in the end, and the debts contracted, and bankruptcies occasioned by such commercial adventurers, bring burden and disgrace on our country." Yet

We have long proved ourselves quite capable of living with this contradiction, using Hamiltonian means (centralized decision-making) while speaking in Jeffersonian rhetorical terms (that government is best which governs least).

In the US case, the best constitution was one that left the Jeffersonian and Hamiltonian visions to be fought out in the economy rather than in the polity