From Bill Steigerwald of the Pittsburgh Tribune-Review:
AUTHOR Q&A:
Devaluing Hamilton
Hamilton's Curse: How Jefferson's Arch Enemy Betrayed the American Revolution -- and What It Means for Americans Today by Thomas DiLorenzo (Crown Forum)
Libertarian economic historian Tom DiLorenzo has made plenty of enemies in academia and elsewhere with "Lincoln Unmasked" and "The Real Lincoln," books that argue Abe Lincoln was a founding father of American Big Government and smooth practitioner of special-interest politics and not the saint that liberal and conservative historians have made him out to be. We asked DiLorenzo two questions about his devaluation of another American icon, central-bank man Alexander Hamilton.
Q: What is your book about?
A: It's about the great debate between Alexander Hamilton and Thomas Jefferson that set the template for government policy in America for the past 230 years. Government policy in America has always gone back and forth between the Jeffersonian view of limited government and free markets and the Hamiltonian view of highly centralized, highly active government and economic interventionism. The Hamiltonian view has won out and it is the root cause of the current crisis and it's been the root cause of many of our economic problems for several generations now.
Q: Why did you write it?
A: I wrote it because I'd noticed that a number of very worshipful biographies have come out in recent years about Hamilton, along with some very scathing criticisms of Jefferson. I think there's a lot of politics behind that and I think a lot of it is just dead wrong. So I wrote a book that I hope would set the record straight about the ideas of these two men and their importance from the perspective of an economist. After all, Hamilton is known for being some sort of financial genius, which he was not; he was quite the ignoramus, actually, on economics. It was Jefferson who understood the economics of his day much better -- and I try to straighten that record out in my book.
