Download or read book The Founders and Finance written by Thomas K. McCraw and published by Harvard University Press. This book was released on 2012-10-08 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1776 the U.S. owed huge sums to foreign creditors and its own citizens but, lacking the power to tax, had no means to repay them. This is the first book to tell the story of how foreign-born financial specialists—the immigrant founders Hamilton and Gallatin—solved the fiscal crisis and set the nation on a path to long-term economic prosperity.