Wednesday, June 24, 2015

Say It Ain't So, Jack

I must admit I was appalled to hear of Treasury Secretary Jack Lew's decision last week to demote Alexander Hamilton from his featured position on the ten dollar bill. ...  Hamilton, the first Secretary of the Treasury, would qualify as among the greatest of our founders for his contributions to achieving American independence and creating the Constitution alone.  In addition to those accomplishments, however, Hamilton was without doubt the best and most foresighted economic policymaker in U.S. history.

-- Ben S. Bernanke, former Chairman of the Board of Governors of the Federal Reserve System, on his blog, 22 June 2015

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