description: This major new work looks at what debt meant to Thomas Jefferson and how that affected his political career and the early history of the American Republic. Sloan argues that Jefferson was always obsessed by in the public sphere because he felt that it robbed people of theirindependence, and in the private because he was dogged by debt throughout his life. The book depicts Jefferson as a typical representative of the Virginia gentry, subject to debt during this period, but also as a tireless warrior against public debt, first as governor of Virginia and later asPresident of the United States. Sloan also discusses the role of debt in the American Revolution and Jefferson's vision of political power as the means of redressing economic power that he felt was in the hands of creditors.
language: English
title: Principle and Interest: Thomas Jefferson and the Problem of Debt
titlecomplete: Principle and Interest: Thomas Jefferson and the Problem of Debt
genres: Economics, History
ratings_count: 6
publisher: Oxford University Press