Happy Birthday Hamilton!

To cherish and stimulate the activity of the human mind, by multiplying the objects of enterprise, by which the wealth of a nation may be promoted. — Alexander Hamilton


The connection between inventions of the mind, and the increase of the physical productive powers of labor, is the kernel of the American System. What I have accomplished, is to show that it is possible to predict mathematically the rates of the increased physical-economic growth which will result from an effective use of a specific sort of mental production of a new technology. On this basis, I have been able to provide a new, stronger scientific proof for the reasons that Hamilton’s American System promotes depression-free economic growth, and why Adam Smith’s doctrine must always lead a nation to new disasters.”

—Lyndon LaRouche, “In Defense of Alexander Hamilton” 1987

This entry was posted in LaRouche's four laws, LPAC and tagged , , , , , , , . Bookmark the permalink.

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