Ep. 507 A Critique of Hamilton’s American System
Adam Haman joins Bob to critique an article making an Austrian case for Alexander Hamilton’s “American System.” Specifically, the plan favored national banking, protective tariffs, assumption of state debts, a preference for “productive” credit, and infrastructure projects. Bob pushes back.
Mentioned in the Episode and Other Links of Interest:
- The YouTube version of this episode.
- The article praising Hamilton’s American System.
- Burt Folsom’s wonderful The Myth of the Robber Barons.
- This episode’s sponsor, The Scott Horton Academy.
- The HamanNature substack.
- Help support the Bob Murphy Show.
About the author, Robert
Christian and economist, Chief Economist at infineo, and Senior Fellow with the Mises Institute.
Always tedious to refute a post-hoc ergo propter-hoc argument.
This, like the MMTer stuff, smells like product of literal satanists.
I suspect Dr. Murphy gets fed the links by other satanists, to try to boost credibility by him addressing their fountain of falsehood.
TL;DR satanist tells another narrative of how fiat ‘investments’ are superior to skin-in-the-game investments.