Liberty Law Talk Hamilton, Madison, and American Oligarchy: A Conversation with Jay Cost
Jan 12, 2020
Jay Cost, author of The Price of Greatness: Alexander Hamilton, James Madison, and the Creation of American Oligarchy, discusses how Hamilton and Madison unintentionally created an American oligarchy. He explores their contrasting views on the Constitution and the role of government in the economy, highlighting Madison's adoption of Hamilton's economic package and the resulting economic disparities.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 3min
The Creation of American Oligarchy: Hamilton, Madison, and Unintended Consequences
02:57 • 2min
Hamilton and Madison's Perspectives on the Constitution
04:54 • 27min
Hamilton, Madison, and American Oligarchy: Analyzing Perspectives on Government
32:08 • 6min
Madison's Adoption of the Hamiltonian Plan
37:39 • 13min
The Economic Divide and the Need for the Concurrent Majority Thesis
50:50 • 3min