“There are some who maintain that trade will regulate itself, and it is not to be benefited by the encouragements or restraints of government. Such persons will imagine that there is no need of a common directing power. This is one of those wild speculative paradoxes, which have grown into credit among us, contrary to the uniform practice and sense of the most enlightened nations.”
Quote by Alexander Hamilton
Work
The Federalist: A Commentary on the Constitution of the United States : a Collection of Essays
Comprising a series of essays, this work delves into the philosophical underpinnings and practical considerations behind the drafting and ratification of the United States Constitution. It is a critical resource for understanding the intentions of the Founding Fathers and the structure of the federal government. more
Author
Alexander Hamilton
Alexander Hamilton was a Founding Father of the United States, born on January 11, 1757, and died on July 12, 1804. He played a crucial role in the American Revolutionary War and was instrumental in the drafting of the U.S. Constitution. As the first Secretary of the Treasury, Hamilton promoted fiscal stability and economic growth, establishing the First Bank of the United States and proposing solutions for federal debt. His ideas and policies had a profound impact on the early political and economic development of the United States. more
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