Macro Musings with David Beckworth George Hall on the History of the U.S. National Debt and Government Financing
5 snips
Apr 17, 2023 Chapters
Transcript
Episode notes
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Introduction
00:00 • 2min
The History of Public Finance in the United States
01:35 • 3min
The Market Value of Public Debt
05:00 • 5min
The Differences Between Bondholders and Taxpayers
09:38 • 2min
How Government Finances Itself
11:08 • 2min
The Unconventional Ways the Government Financing the Revolution
13:21 • 2min
The Barrow Model and the Lucas and Stokie Model
14:51 • 3min
How to Turn Bonds Into State Contingent Contracts
18:11 • 4min
The History of the Gold Standard
21:51 • 3min
The Rise of Bond Financing in the US
24:43 • 4min
The Importance of Institutional Memory in Financial History
28:29 • 3min
The Legacy of Alexander Hamilton
31:19 • 5min
Hamilton's Blessing
35:57 • 3min
The Importance of Albert Gallatin in US Treasury Markets
38:37 • 2min
The History of the US
40:37 • 1min
The History of US Public Finance
42:06 • 6min
Macro Musings: Chase Rules the Greenbacks Unconstitutional
47:49 • 2min