How do bonds, coverture, and high commodity prices—along with Abigail Adams & Adam Smith—tie into the development of an early republic? Two visions for the foundation of the American Economy emerge: manufacturing/finance or agriculture. A unique take on the classic debate between Alexander Hamilton vs. Thomas Jefferson.

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EPISODE MENTIONS

Who: Abigail Adams, Adam Smith, Alexander Hamilton, Boulton and Watt, Charles Beard, Physiocrats, Robert Morris, Thomas Jefferson

What: British Industrial Revolution, Coverture, Financial Costs of American Revolution, Newcomen Atmospheric Engine, Shay's Rebellion, Spinning Jenny, The Invisible Hand, Water Frame, Watt Steam Engine

Documents: "Abigail Adams, Bond Speculator", "An Economic Interpretation of The Constitution of The United States", "The First Report on Public Credit (1789)", "The Report on Manufactures"

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