The Founding Father of Crony Capitalism

wkmac

Well-Known Member
As soon as the federal government announced its trillion-dollar bailout (for starters) of Wall Street plutocrats, defenders of the bailout pulled out what they apparently believed was their secret weapon: the myth of Alexander Hamilton as the alleged inventor of American capitalism. Hamilton, they said, would approve of the bailout. Case closed. How could anyone dispute "the architect of the American economy"?

http://www.mises.org/story/3164

Professor Tom DiLorenzo. Economics at Loyola College has done it again with his most recent work entitled "Hamilton's Curse." None of the founding fathers were perfect including my heroes of Thomas Jefferson and Patrick Henry by in Hamilton's case, it's ashame Aaron Burr's bullet was 25 years to late!
 
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