Founders of American Economic Thought and Policy

Adam Smith Adams advocated agriculture Albert Gallatin Alexander Hamilton American amount argued argument aristocracy balance of trade Bank of North Benjamin Franklin bills of credit British capital classes colonies commerce common Congress Constitution continental currency cost of production creditors demand democracy depreciation doctrine domestic Douglass duties economic England excise farmers favored Federalist foreign Franklin funding gold and silver Hamilton important income increase individual industry interest issue Jefferson John John Adams John Taylor labor laissez-faire land less loan Lodge manufacturing medium of exchange ment mercantilist merchants metallic money national government natural opposed paper currency paper money payment Pelatiah Pennsylvania philosophy Physiocratic Political Essays precious metals Prince Pub principle profits protection public debt quantity revenue Samuel Adams scarcity social society specie tariff taxation taxes Taylor Tench Coxe theory of value Thomas Jefferson thought tion United wages wealth Webster Whigs