Tag Archives: war bonds

One Review, Two Books: Ways and Means and Bonds of War

“In January [1865], economist Amasa Walker wrote on ‘men and money,’ the two elements that Walker believed were ‘indispensable to war.’ Walker added, ‘You may, indeed, have money without men, but cannot have men without money.’”1 – David Thomson in … Continue reading

Posted in Book Review, Books & Authors, Economics | Tagged , , , , , , | 3 Comments

US Government Financing of the Civil War

ECW welcomes guest author Dr. Lloyd W. Klein Faced with the problem of financing a major war, President Abraham Lincoln and his Treasury Secretary, Salmon P. Chase, found innovative solutions that remain foundational of the contemporary US economy. Some of … Continue reading

Posted in Economics, Leadership--Federal, Lincoln | Tagged , , , , , | 20 Comments