Washington’s Whiskey Woes
Cross-posted from the New Deal 2.0 Blog.
by William Hogeland
Despite claims to the contrary, the Whiskey Rebellion was no anti-government crusade — it was a battle for progressive taxation and regulation.
The seething social, political, and economic struggles over public and private finance that marked our founding period came to a head in the late fall of 1794, [...]
Our First Fat Cat Banker — and the Financial Scandals of the American Revolution
Cross-posted from the Roosevelt Institute’s New Deal 2.0 blog. Originally published Monday, March 14, 2011.
by William Hogeland
In founding America, as today, it could be hard to tell a finance policy from a finance scandal.
Robert Morris, our first central banker, was the richest and most influential merchant in founding-era America — “financier of the American Revolution,” as his [...]
Democratic Finance v. Banking Fraud in Early America
Cross-posted from the Roosevelt Institute’s New Deal 2.0 blog. Originally published Monday, March 7, 2011.
by William Hogeland
Ordinary 18th-century Americans fought for fair access to small-scale credit and usable currencies. Big finance fought back.
Calling modern banking “a widespread fraud,” Rob Burns wants to push the finance industry out of everyday lending. A candidate for Congress in the [...]
Foreclosing the Foreclosers, Early-American Style
Cross-posted from the Roosevelt Institute’s New Deal 2.0 blog. Originally published Monday, February 28, 2011.
by William Hogeland
Memo to Tea Party: The major social battle raging during the time of the American Revolution was over the proper uses of money and credit. Not getting government out of the economy.
“I got debts that no honest man can pay … [...]
Sarah Palin and Michele Bachmann Would Call 18th-Century Philadelphia Freedom Fighters ‘Un-American’
Cross-posted from the Roosevelt Institute’s New Deal 2.0 blog. Originally published Monday, February 21, 2011.
by William Hogeland
In a brand new series at ND 2.0, “Founding Finance”, author William Hogeland challenges Tea Party myths about the early days of our Republic and reveals the rich progressive tradition of Americans fighting for economic justice.
At a recent speech in [...]
