Alexander Hamilton: Founder of American Capitalism

Alexander Hamilton, whose economic ideals were shaped by European mercantilism, entrepreneurial industry, and personal ambition, stands as one of the most controversial and profoundly influential Founding Fathers.

In this video, Peter Robinson interviews Ron Chernow, the renowned Hamilton biographer.



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To order Mr. Chernow's book, follow this link...

The Man on the $10 Bill

About the time of the passing of Ronald Reagan, there was a brief groundswell of support for putting the image of our 40th President on the $10 bill. You can read an article about that here.

Now, let me make two points from the outset...

First, though this proposal is still out there, it is no longer being seriously considered. In a way, this is "old news," and it's not likely to come back anytime soon. Still, there are some, including and especially the Ronald Reagan Legacy Project, who have not given up. On its web page, the Reagan Legacy Project asks its supporters in Congress to "vote for and support the legislation to put Ronald Reagan on the $10 bill."

Second, I am among those Americans who actually looks back on the Reagan era with fondness. Yes, I admire Ronald Reagan. Apologies to my Democrat friends and readers, but I think Ronald Reagan was a great President, and that he should be honored.

Those disclaimers having been given...

I strongly oppose dumping Alexander Hamilton from the $10 bill. And what's more, I regret that the brief controversy that flashed back around 2004-2005 over the proposal of putting Reagan on the $10 didn't inspire greater public awareness of Hamilton's legacy.

It is arguable that Ulysses S. Grant has outlived his welcome on the $50 bill and it's also reasonable to ask whether the man responsible for one of America's darkest hours - the tragic "Trail of Tears" - should be on the $20. But, there's NO reason to jettison Hamilton from the $10. That this was even seriously suggested is troubling.

Ronald Reagan himself would not be comfortable with the idea of dishonoring a Founding Father, and I therefore think it would be highly inappropriate to do so in his name. Hopefully, those still calling for this change will remain outside the spotlight and this proposal will not rear its head again.

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For more on Alexander Hamilton, I recommend checking out the "Alexander Hamilton Patriot" blog.

You should also read...

Would Alexander Hamilton Approve?

The Politically Incorrect Guide to Capitalism is a cleverly titled and packaged book defending the free market economic system that Alexander Hamilton fashioned for the United States.

Would Hamilton approve of the points made by Robert Murphy in The Politically Incorrect Guide to Capitalism?

If you haven't read the book, you can watch this lecture....



...and then tell us what you think.