American Capital

Author: Story Duty

A history of capitalism in America told through the lives of the people who shaped it: the entrepreneurs, slaves, and politicians. How have business models evolved from the foundational colonies up to the massive markets & big business we see today? Where have we been, and where might we go from here? While American Capital is sequential, each episode begins with a short recap of the territory covered in previous episodes.
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Language: en

Genres: History

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🁔 Agri-nation?
Episode 5
Wednesday, 26 August, 2020

How do bonds, coverture, and high commodity prices—along with Abigail Adams & Adam Smith—tie into the development of an early republic? Two visions for the foundation of the American Economy emerge: manufacturing/finance or agriculture. A unique take on the classic debate between Alexander Hamilton vs. Thomas Jefferson. — EPISODE MENTIONS Who: Abigail Adams, Adam Smith, Alexander Hamilton, Boulton and Watt, Charles Beard, Physiocrats, Robert Morris, Thomas Jefferson What: British Industrial Revolution, Coverture, Financial Costs of American Revolution, Newcomen Atmospheric Engine, Shay's Rebellion, Spinning Jenny, The Invisible Hand, Water Frame, Watt Steam Engine Documents: "Abigail Adams, Bond Speculator", "An Economic Interpretation of The Constitution of The United States", "The First Report on Public Credit (1789)", "The Report on Manufactures"