William Hogeland Looks Back at the Forces and Conflicts That Created America's Financial System
April 4, 2013
The Tea Party and anti-tax "constitutional conservatism" lay claim to the finance and taxation ideas of America's founders. But how much do we really know about the dramatic clashes over finance and economics that marked the founding of America?
Dissenting from both right-wing claims and certain liberal preconceptions, author William Hogeland looks at America's financial past in a discussion of his new book Founding Finance: How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation on Wednesday, April 17, 2013, at 6:30 p.m. at the Central Library, 14 W. 10th St.
Founding Finance brings to life the violent conflicts over economics, class, and finance that played directly into the hardball politics of forming the nation and ratifying the Constitution - conflicts that still affect our politics, legislation, and debate.
Mixing lively narrative with fresh views of America's founders, Hogeland offers a new perspective on America's economic infancy: foreclosure crises that make our current one look mild; investment bubbles in land and securities that drove rich men to high-risk borrowing and debtors' prisons; depressions longer and deeper than the great one of the 20th century; crony mercantilism, war profiteering, and government corruption.
This story exposes and corrects a perpetual historical denial - by movements across the political spectrum - of America's all-important founding economic clashes, a denial that Hogeland maintains weakens and cheapens public discourse on American finance just when we need it most.
Hogeland is the author of Declaration and The Whiskey Rebellion, as well as a collection of essays, Inventing American History. His articles have appeared in the New York Times, Atlantic, American History Magazine, Boston Review, Salon, and Huffington Post.
Major funding for programs at the Kansas City Public Library is provided by a generous grant from the Ewing Marion Kauffman Foundation.
Admission is free. A 6 p.m. reception precedes the event. RSVP at kclibrary.org or call 816.701.3407. Free parking is available at the Library District Parking Garage at 10th & Baltimore.