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Trump’s Economic Era
“Democracies have ever been spectacles of
turbulence and contention; democracies have
ever been found incompatible with personal
security and rights of property, and have in
general been as short in their lives as they have
been violent in their deaths.”
Alexander Hamilton was a Founding Father,
soldier, economist, political philosopher, one of
America’s first constitutional lawyers and the first
Secretary of the Treasury. John Adams was a Founding
Father, the second President of the Unites States and the
first Vice President.
Alexander Hamilton: “We are a
republican form of government. We will
never achieve real liberty in despotism
or the extremes of democracy.”
John Adams: “Democracy never lasts
long. It soon wastes, exhausts and
murders itself. There never was a
democracy yet that did not commit
suicide.”
John Stuart Mill, an economist who lived in the
1800s, recognized that the market system was about the
production of goods and services, it was not about the
distribution of goods and services. In his famous book,
Principles of Political Economy, published in 1848,
Mill states:
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