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.