The International Monetary Fund (IMF) warned Tuesday that America’s recent economic performance is partially the result of the country’s unsustainable fiscal practices, creating risks for the globa…
There were economists in the 18th century and none of the founding fathers were one.
The closest was probably Alexander Hamilton, who ended up as the first treasury secretary. Where he proposed and set up the very central bank that the commenter I was responding to is complaining about.
They were the economists of their time. Basic economic theory hasn’t changed in millennia, only opinion on how to manage economies has.
There were economists in the 18th century and none of the founding fathers were one.
The closest was probably Alexander Hamilton, who ended up as the first treasury secretary. Where he proposed and set up the very central bank that the commenter I was responding to is complaining about.