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The magic of money

What can America's founding fathers teach us about capitalism?

By Tom Cutterham  

A statue of Albert Gallatin, the fourth US treasury secretary, outside the treasury building in Washington DC (photo: Phil Roeder)

The Founders and Finance by Thomas McCraw (Harvard University Press, £25.95)

The founding father industry is a long, grand and profitable tradition. It continues to churn out admiring portraits of the so-called founding fathers, the men who signed the Declaration of Independence, wrote the Constitution and served in the first governments of the United States. David McCullough’s Pulitzer-winning John Adams (2001), with its attendant HBO…

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