Jay Cost
Author
Language
English
Description
After the Constitutional Convention, Benjamin Franklin was asked, 'Well, Doctor, what have we got-a Republic or a Monarchy?' Franklin's response: 'A Republic-if you can keep it.' This book argues: we couldn't keep it. A true republic privileges the common interest above the special interests. To do this, our Constitution established an elaborate system of checks and balances that disperses power among the branches of government, which it places in...
2) The Price of Greatness: Alexander Hamilton, James Madison, and the Creation of American Oligarchy
Author
Language
English
Description
An incisive account of the tumultuous relationship between Alexander Hamilton and James Madison and of the origins of our wealthy yet highly unequal nation
In the history of American politics there are few stories as enigmatic as that of Alexander Hamilton and James Madison's bitterly personal falling out. Together they helped bring the Constitution into being, yet soon after the new republic was born they broke over the meaning of its founding document....
Author
Series
Language
English
Description
Cronyism is a serious problem in the United States, but unfortunately it is still not very well understood. In this new essay, Jay Cost explains what it is, and why we should be so worried about it. By mingling private and public interests, cronyism costs us hundreds of billions of dollars per year and threatens to transform our republic into an oligarchy, where the rich dominate the middle class. Worse, modern cronyism has become embedded into the...