An emailer reminded me of what an outrageous smear of Jefferson it was of John Steele Gordon to write in the Wall Street Journal last week that Thomas Jefferson was some sort of economic ignoramus who “hated commerce” and did not understand central banking. This was compared to Gordon’s hero, Hamilton, who supposedly had a sophisticated understanding of economics. I showed why this assertion of Gordon’s is exactly the oppostite of the truth in my critique of his invocation of false history in defense of the current bank bailout. The emailer reminded me that Jefferson who, as I mentioned, was … Continue reading Outrageous Smear of Jefferson