Robert Morris and Founding Wealth Consolidation

hold onto your wallets

New post on Robert Morris, our first central banker, in my “Founding Finance” series at New Deal 2.0.  I take issue with the defense of Morris by Charles Rappleye in his recent biography — my point, though, is not to excoriate Morris but to understand where he wanted to take the country and why. Readers of The Whiskey Rebellion already know all this — but anyone who doesn’t know much about Morris is likely to be as amazed as I was when I first encountered him. Great character. He’ll make reappearances in later entries in the series. Also: happy to see the series getting picked up by Alternet, Truthout, and Naked Capitalism, among others — and happy to be posting at New Deal 2.0.

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