Publisher's Synopsis
This book is a work of economic and historical analysis which dissects the economic policy of Thomas Jefferson when he was President of the United States from 1801 to 1809. Known to be the ideological opponent of Alexander Hamilton, Thomas Jefferson is considered by many professional historians to be the father of the anti-federalist movement and a strong advocate for limited government. Despite not being a trained economist, Thomas Jefferson nevertheless had a well-defined economic policy based on the frugality of the federal government, and the autonomy of the states to conduct their policies as they see fit. Jefferson believed that a laissez-faire economy was the most suited system to ensure a sustainable economic development. This book aims to elucidate in-depth how the Jeffersonian economic policy stabilized the American economy and put it on the rails of growth to become a continental power.
