This week, we discuss the argument between Alexander Hamilton and Jefferson over the creation of a national bank of the United States. Hamilton believed a central banking system was essential to America's standing in the world. Jefferson disagreed, arguing that to take a single step beyond the powers of the constitution is to enter a field of boundless abuse. We speak with Jefferson about President Washington's support of Hamilton’s plan, a decision with ramifications that affect Americans to this day.
Project Gutenberg: The Frontier in American History by Frederick Jackson Turner
University of Groningen: A Brief History of Central Banking in the United States by Edward Flaherty
Checks and Balances, Jefferson, Checks and Balances
The Jefferson Watch
President Trump has denounced the U.S. courts that have thwarted his political agenda, including his attempts to ban some Muslims from entering the United States. He has threatened to break up the Ninth Circuit—widely perceived to be too liberal—and he has complained about the decisions of what he calls “so-called judges.”
Trump’s rhetoric is extreme, and perhaps irresponsible, but it is hardly unique. The Judicial Branch of the American government has annoyed or outraged American presidents from the beginning.
Read this week's Jefferson Watch essay, "Checks and Balances, Jefferson, Checks and Balances."