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A Hercules in the Cradle
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A Hercules in the Cradle: War, Money, and the American State, 1783-1867

Max M. Edling

Abstract

A Hercules in the Cradle traces the evolution of United States central state capacity in the sphere of fiscal policy and public finance. It demonstrates how within merely a few years after independence, the United States acquired the capacity to raise revenue through taxation and government borrowing. The new nation used this capacity to finance wars and territorial expansion that made the United States the predominant power on the North American Continent. In the first half of the book the creation of a productive fiscal regime and a well-managed public debt, made possibly by the framing and ... More

Keywords: the Civil War, federal government, fiscal regime, Mexican War, public finance, taxation, territorial expansion, United States, war finance, War of 1812

Bibliographic Information

Print publication date: 2014 Print ISBN-13: 9780226181578
Published to Chicago Scholarship Online: May 2015 DOI:10.7208/chicago/9780226181608.001.0001

Authors

Affiliations are at time of print publication.

Max M. Edling, author
King's College London