Alexander Hamilton and the Birth of US Industrial Policy
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Alexander Hamilton, known as an architect of the federal system, was also an early advocate for state-directed investment to build a domestic manufacturing industry. This lesser-known aspect of his vision is explored in an interview with Christian Parenti, a professor at John Jay College and author of Radical Hamilton: Economic Lessons from a Misunderstood Founder. The interview discusses the economic context in which Hamilton developed this vision and its relevance to current efforts to build domestic manufacturing capacity in the US.
#AlexanderHamilton #UsIndustrialPolicy #State-directedInvestment #DomesticManufacturingIndustry
https://www.bloomberg.com/news/articles/2024-03-15/transcript-alexander-hamilton-and-the-birth-of-us-industrial-policy