After reading through the long, long, packet, Villainous Business, and through Hailey Warta's blog, who seems to be an expert on the man, I honestly think Alexander Hamilton is the human embodiment of an arrow. His life when he was young was nothing short of difficult. Placed in charge of trade at the age of just 14, Hamilton witnessed slave trade and watched as his father drown in debt. How ironic that a son of man lost in debt would come out to be the founding father of economics. His mother died of his disease and he was sent to live with his cousin who soon then after, committed suicide. I'm not sure about others, but if that was my life as a kid I would lose all interest in life and the world around me. But Alexander is not any average person like you and I. He didn't lose interest instead he picked up every book he could find, read it, in hopes to understand the world around him. Very much like the arrow, he was pulled back and down until there was anywhere to go but up. And once life flung him forward, he didn't waste his shot, he took it and did the impossible. He made a working economic system and made people trust in the government.
Not many people know who he is anymore, even I was only familiar with the name because of a popular musical that everyone is raving about. But he was a corner stone in our nations foundation of economics and his ideas strong enough to last through the years. Alexander Hamilton, already graduated from Kings college at 19, was a force to be reckoned with in the Revolutionary War. He knew that "dying is easy, living and fighting for a purpose is harder, " and that he was willing to take the harder life so he could be a hand in winning independence and leaving a legacy. Not surprisingly, Hamilton became George Washington's right hand man. As he dug deeper and continued educating himself on the stability of our economics he realized that "our nation's financial system could be what keeps our independence alive and breathing " We are a country of states, but how will these economics hold all the states together in unity?
Though Washington was the main man in charge, without Alexander, none of his ideas would have come to fruition. Hamilton may not have been commander and chief, but it is arguable that he was the most powerful man in the world at that time.
"Under the hand of Hamilton the government began to take shape". Alexander quite literally molded our government and the financial stability behind it. Hamilton was the one to first introduce paper money, he kept a close relationship, which was no easy feat for his fellow peers, with Britain in order to maintain access to economic systems and writings. He could recognize that offering our economic services to France and Britain, both enemies at the time, would begin competition and unknowingly, bring the states to a higher power.
Our nation soon began to rack up debt, no surprise there, and Hamilton recognized why. After the war was when the "bills" began piling up Alexander knew that our debt was the price for our liberty. Others saw our debt as our nation getting ruined but he viewed it differently. He knew that, "if the states handled the debt with utmost precision they would gain the ability to borrow and trade at low interest rates in future times". And Hamilton's probably more harrowing act was to find a way that the people could trust the government for repayment. Trust the government? Not humanities strong suit. Hamilton formed a financial system that made the people to rely on it rather than turn on it at the first sign of trouble. And at the same time, it allowed them the freedom of their personal financial risk or gain. The government practically didn't exist at the time but Hamilton created a system that made people put their trust in a government that technically wasn't even there in order to form an actually stable government. Confusing yet overall successful. Hamilton created the sinking fund in which 5% of the debt would be paid off every year. This guaranteed that the debt would be paid off, and it provided that "outstanding bonds would benefit the government as securities rose in value."
Alexander Hamilton is and underrated genius and a secret puppet-master. He not only created a system that has lasted through the years, through the various leaders, but also convinced a whole nation to put their trust in the government, which was 79 million dollars in debt. His economic system is self-sabotage proof and too complicate to unravel even if one tries, I'm not 100% I understand all of it. He was a great man with amazing ideas and perfect execution of the ideas. He helped form America and should be remembered for more than being on the 10 dollar bill and having a musical about him. Even if it is a little catchy.
Not many people know who he is anymore, even I was only familiar with the name because of a popular musical that everyone is raving about. But he was a corner stone in our nations foundation of economics and his ideas strong enough to last through the years. Alexander Hamilton, already graduated from Kings college at 19, was a force to be reckoned with in the Revolutionary War. He knew that "dying is easy, living and fighting for a purpose is harder, " and that he was willing to take the harder life so he could be a hand in winning independence and leaving a legacy. Not surprisingly, Hamilton became George Washington's right hand man. As he dug deeper and continued educating himself on the stability of our economics he realized that "our nation's financial system could be what keeps our independence alive and breathing " We are a country of states, but how will these economics hold all the states together in unity?
Though Washington was the main man in charge, without Alexander, none of his ideas would have come to fruition. Hamilton may not have been commander and chief, but it is arguable that he was the most powerful man in the world at that time.
"Under the hand of Hamilton the government began to take shape". Alexander quite literally molded our government and the financial stability behind it. Hamilton was the one to first introduce paper money, he kept a close relationship, which was no easy feat for his fellow peers, with Britain in order to maintain access to economic systems and writings. He could recognize that offering our economic services to France and Britain, both enemies at the time, would begin competition and unknowingly, bring the states to a higher power.
Our nation soon began to rack up debt, no surprise there, and Hamilton recognized why. After the war was when the "bills" began piling up Alexander knew that our debt was the price for our liberty. Others saw our debt as our nation getting ruined but he viewed it differently. He knew that, "if the states handled the debt with utmost precision they would gain the ability to borrow and trade at low interest rates in future times". And Hamilton's probably more harrowing act was to find a way that the people could trust the government for repayment. Trust the government? Not humanities strong suit. Hamilton formed a financial system that made the people to rely on it rather than turn on it at the first sign of trouble. And at the same time, it allowed them the freedom of their personal financial risk or gain. The government practically didn't exist at the time but Hamilton created a system that made people put their trust in a government that technically wasn't even there in order to form an actually stable government. Confusing yet overall successful. Hamilton created the sinking fund in which 5% of the debt would be paid off every year. This guaranteed that the debt would be paid off, and it provided that "outstanding bonds would benefit the government as securities rose in value."
Alexander Hamilton is and underrated genius and a secret puppet-master. He not only created a system that has lasted through the years, through the various leaders, but also convinced a whole nation to put their trust in the government, which was 79 million dollars in debt. His economic system is self-sabotage proof and too complicate to unravel even if one tries, I'm not 100% I understand all of it. He was a great man with amazing ideas and perfect execution of the ideas. He helped form America and should be remembered for more than being on the 10 dollar bill and having a musical about him. Even if it is a little catchy.
Rachel' comment: 8 1/2 out of ten. excellent read, you personified a founding father from over a hundred years ago. Would've ranked more if it weren't for that 'tude dude. it was lit tho i loved it
ReplyDeleteamazing economic perspective. appreciate the cameo;). Hailey Wartas blog sounds like it really inspired you. Good read (in the words of bicknell)
ReplyDeleteI should go back and give you a higher grade, yes?
DeleteYou have some information of Adam's background and easy to read and understand. 10000000
ReplyDeleteThis is really good for an in class blog!! Well done!
ReplyDeleteThis is really good and I like your arrow analogy. good job. also the rhyme thingy "nations foundation" was pretty clever.
ReplyDeletegood job! this is a good blog, keep going.
ReplyDeleteGreat Job Klaus! I love the arrow analogy and you kept with it throughout the read. Amazing Job.
ReplyDeleteI loved the quote in the beginning! Who said it?
ReplyDeleteThis blog was really thought out well, A really great read! I could read this over and over and over and over and...ect! It's great!
Better then Bennett's!
ReplyDeleteGreat Hamilton blog. Not sure if its better than mine, but it definitely competes.
ReplyDelete10/10 would read again. no words cuz i cant even write like that. the heck
ReplyDeletegood job. I liked the arrow analogy. You connected it well to Hamilton's life.
ReplyDeleteThis is a strong Amaris blog. Obviously this was well thought out and you have your own voice. Many of your have your own writing voice, I with everyone continually increase in the writing out of their own voice as you have.
ReplyDeleteI like you pointing out the irony of a son of a man in debt eventually becoming the U.S. treasurer
ReplyDeleteYaaaasssssss
ReplyDelete