Defects_of_the_Articles_of_Confederation_3 <== PDF version
Dear readers:
This paper is available only in .pdf format. It is the third in a series on the defects of the Articles of Confederation and how they were remedied by the Constitution. This particular paper discusses the power to make treaties.
Thanks,
EDD
Defects_of_the_Articles_of_Confederation_2 <== PDF version
Dear readers:
This paper is available only in .pdf form owing to its length (6 pages). It discusses the miltary difficulties encountered by George Washington at the beginning of the Revolution, when he had only temporary militia under his command. Even when the Articles of Confederation were adopted, the military institutions were dependent upon the states, which were not reliable in providing the necessary men and money. It closes with a description of how these problems were mitigated in the U. S. Constitution, with explanations using excerpts from the Federalist Papers.
Thanks,
EDD
In Part 1 is a tutorial on basic economics, covering wealth, money, prices, capital, rent, labor, economic expansions and contractions, inequality, debt, credit, monetary inflation, and national debt. It details the causes and consequences of monetary inflation, and the role of central banks contributing to it.
In The Federalist Companion, author Edward D. Duvall explains in detail why the Articles of Confederation failed after the Revolutionary War. The result was a union of the states under the U.S. Constitution. This book is a great aid to understanding the defense of the Constitution presented by Hamilton, Madison, and Jay in The Federalist Papers.
In Can You Afford That Student Loan, author Edward Duvall explains how to evaluate whether a student loan makes sense economically. It includes a unique nomographic system for seeing the whole picture of debt, income, and repayment.
Part 2 contains a complete financial and economic history of the U. S. from 1775 to 2020, based on official reports from the U. S. Treasury, the Comptroller of the Currency, and Federal Reserve Bulletins, including:
a) Growth and nature of the money supply;
b) The various banking systems (First & Second Banks of the U. S., State-chartered Banks, the National Banking System, and the Federal Reserve);
c) U. S. Government revenues and expenditures;
d) U. S. national debt;
e) Coinage;
f) Banking system condition statements;
g) CPI and median income from 1800 to 2020, along with a "standard of living index"; and
h) A description of significant monetary and financial legislation since the adoption of the Constitution.
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-Chronology from 1761 to 1787
-Extended outline of The Federalist Papers
-Text of Articles of Confederation and Constitution
-Fully indexed and cross-referenced
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-Full version of the Federalist Papers.
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Free Nomograph Templates.