4. The Price of Greatness: Alexander Hamilton, James Madison, and the Creation of the American Oligarchy by Jay Cost
The only Founding Father rivalry more bitter than the one between Washington and Jefferson was the one between Alexander Hamilton and James Madison. The two had a falling out regarding how each felt the burgeoning new nation should be ran. Hamilton was a champion at growth at all costs, a perfect fit for the first Secretary of the Treasury. Madison, however, believed it should be ran as a vital Republic, This debate was laid bare in the Federalist Papers, some of the most important and seldom read documents regarding the founding of America. In this book, Cost argues both men were ultimately right while illustrating how each was open to a bit of corruption if it was in the interest of the greater good. This principle, Cost asserts, may have ultimately led to the wealthy and economically unequal nation we currently have today. In fact, many of the arguments between Hamilton and Madison may seem familiar to folks who haven’t even read the Federalist Papers, because they echo to this very day when looking at the American divide politically, culturally, and, especially, economically.