Alexander Hamilton

Article

Alexander Hamilton is a recurring person in the Astral Codex Ten archive, appearing 2 times across 2 issues between April 21, 2021 and June 28, 2021. The archive places it in contexts such as “Alexander Hamilton in the US”; “Alexander Hamilton in the United States realized early on”. It most often appears alongside Asia, Britain, China.

Metadata

  • Category: People
  • Mention count: 2
  • Issue count: 2
  • First seen: April 21, 2021
  • Last seen: June 28, 2021

Appears In

Source Context

Recovered passages from the original issue text. When the raw archive preserved outbound links inside the source passage, they are listed directly under the quote.

April 21, 2021 · Original source
By 1800, we're already starting to see the developed/undeveloped country gap we know today. The 1800s version of the gap was: Britain was developed, everyone else was undeveloped. Various Western countries noticed this and invented what Allen calls the Standard Development Model. This was the first time anyone had ever tried to do development economics or answer the question "How do countries industrialize and how can we do it faster?" - Britain had industrialized kind of by accident and never considered the question. But other intellectuals in other Western countries started considering the question around this time, especially Friedrich List in Germany and Alexander Hamilton in the US. They and others independently converged on a four-pronged plan:
June 28, 2021 · Original source
And every big developed country that passed through a manufacturing phase used tariffs (except Britain, which industrialized first and didn't need to defend itself against anybody). Economic planners like Friedrich List in Germany and Alexander Hamilton in the United States realized early on that British competition would stifle the development of native industry without government protection. Once their industries were as good as Britain's, they removed their tariffs, which was the right move - but they never would have been able to reach that level without protectionism.