Next to Thomas Edison, Samuel Insull is the name you should remember as the most important and perhaps the most notorious person in the utility business. He was the billionaire utility tycoon from Chicago whose gas and electric empire operating in over thirty states in 1932, causing a million investors to lose two to three billion dollars. Starting as Thomas Edison's private secretary in 1881, he was responsible for establishing centralized electric supply. He organized the Edison General Electric Company before the industrial giant of the same name, working out a model of nationwide distribution and promoting rural electrification. One of the most significant accomplishments was acquiring effective government regulation of public utilities. The author does not make judgments as to whether Insull was good or bad. He merely wants us to know the man for what he did.

Insull

McDonald, Forrest

University of Chicago Press

Charles A. Bear's An Economic Interpretation of the United States Constitution was a work of such powerful persuasiveness as to alter the course of American historiography. No historian who followed in studying the making of the Constitution was entirely free from Beard's radical interpretation of the document as serving the economic interests of the Framers as members of the propertied class. Forrest McDonald's We the People was the first major challenge to Beard's thesis. This superbly researched and documented volume restored the Constitution as the work of principled and prudential men. It did much to invalidate the crude economic determinism that had become endemic in the writing of American history.We the People fills in the details that Beard had overlooked in his fragmentary book. MacDonald's work is based on an exhaustive comparative examination of the economic biographies of the 55 members of the Constitutional Convention and the 1,750 members of the state ratifying conventions. His conclusion is that on the basis of evidence, Beard's economic interpretation does not hold. McDonald demonstrates conclusively that the interplay of conditioning or determining factors at work in the making of the Constitution was extremely complex and cannot be rendered intelligible in terms of any single system of interpretation.McDonald's classic work, while never denying economic motivation as a factor, also demonstrates how the rich cultural and political mosaic of the colonies was an independent and dominant factor in the decision making that led to the first new nation. In its pluralistic approach to economic factors and analytic richness, We the People is both a major work of American history and a significant document in the history of ideas. It continues to be an essential volume for historians, political scientists, economists, and American studies specialists.

We, the People: The Economic Origins of the Constitution

History

Chicago U.P.; Cambridge U. P

We People

Politics & Social Sciences

Politics & Government

The Phaeton Ride: The Crisis of American Success

Doubleday Company, Inc.

In this volume, Forrest McDonald admits that George Washington was no executive genius, and notes that a number of his advisers and cabinet members were considerably more important in formulating programs and policies than he was. Nevertheless, he maintains that, but for Washington, the office of president might not exist today. McDonald asserts that Washington's reputation as a man of integrity, dignity, candor, and republican virtue was well-deserved, and that he contributed best by serving as a symbol.The book covers the central concerns of Washington's administration: a complex tangle of war debts; the organization of the Bank of the United States; geographical and social factionalism; the emergence of strong national partisan politics; adjustments in federal-state relations; the effort to remain neutral in the face of European tumult; the opening of the Mississippi River; and the removal of the threat of Indians and British in the Northwest Territory. McDonald also describes the rivalry between Washington's two most important department heads, Thomas Jefferson and Alexander Hamilton.

The Presidency of George Washington (The Norton library)

Biographies & Memoirs

Leaders & Notable People

Norton

“What Mr. McDonald’s book does, with exceptional skill and learning, is to re-examine Hamilton’s policies as secretary of the treasury. To this task the author brings a masterful knowledge of the politics of the period. . . . He brilliantly demonstrates how William Blackstone, David Hume and Jacques Necker affected Hamilton’s thought. Finally, Mr. McDonald . . . gives the clearest exposition that I have ever seen of just what Hamilton’s financial policies were and how they worked.” ―David Herbert Donald, New York Times Book Review The founders of the American republic were ardently concerned with the judgment of posterity. Had they known what a fickle muse Clio would prove to be, they might have been more anxious. The making of myths and legends, complete with a hagiology and demonology, is inherent in the process of evolution toward nationhood. Consequently, individual actors in the original drama have often been consigned by History to roles they did not actually play, and the most important of them have played shifting roles, being heroes in one generation and villains in the next. It is therefore not surprising that Alexander Hamilton―along with Washington, Jefferson, Adams, and Madison―has had his ups and downs at the hands of historians.

Alexander Hamilton: A biography

Americas

A constitutional history of the United States

F.Watts

In this volume, Forrest McDonald admits that George Washington was no executive genius, and notes that a number of his advisers and cabinet members were considerably more important in formulating programs and policies than he was. Nevertheless, he maintains that, but for Washington, the office of president might not exist today. McDonald asserts that Washington's reputation as a man of integrity, dignity, candor, and republican virtue was well-deserved, and that he contributed best by serving as a symbol. The book covers the central concerns of Washington's administration: a complex tangle of war debts; the organization of the Bank of the United States; geographical and social factionalism; the emergence of strong national partisan politics; adjustments in federal-state relations; the effort to remain neutral in the face of European tumult; the opening of the Mississippi River; and the removal of the threat of Indians and British in the Northwest Territory. McDonald also describes the rivalry between Washington's two most important department heads, Thomas Jefferson and Alexander Hamilton.

The Presidency of George Washington (American Presidency Series)

Historical

University Press of Kansas

Thomas Jefferson occupies a special niche in the hagiology of American Founding Fathers. His name is invoked for a staggering range of causes; statists and libertarians, nationalists and States' righters, conservatives and radicals all claim his blessing. In this book, Forrest McDonald examines Jefferson's performance as the nation's leader, evaluating his ability as a policy-maker, administrator, and diplomat. He delineates, carefully and sympathetically, the Jeffersonian ideology and the agrarian ideal that underlay it; he traces the steps by which the ideology was transformed into a program of action; and he concludes that the interplay between the ideology and the action accounted both for the unparalleled success of Jefferson's first term in office, and for the unmitigated failure of the second term. Jefferson as president was a man whose ideological commitments prevented him from reversing calamitous policy stances, a man who could be ruthless in suppressing civil rights when it was politically expedient, a man who was rarely, in the conventional sense of the word, a Jeffersonian. McDonald's portrait reveals him to be at once greater, simpler, and more complexly human than the mere "apostle of liberty" or "spokesman for democracy" that his adulators have relegated him to being.

The Presidency of Thomas Jefferson (American Presidency Series)

This is the first major interpretation of the framing of the Constitution to appear in more than two decades. Forrest McDonald, widely considered one of the foremost historians of the Constitution and of the early national period, reconstructs the intellectual world of the Founding Fathers--including their understanding of law, history political philosophy, and political economy, and their firsthand experience in public affairs--and then analyzes their behavior in the Constitutional Convention of 1787 in light of that world. No one has attempted to do so on such a scale before. McDonald's principal conclusion is that, though the Framers brought a variety of ideological and philosophical positions to bear upon their task of building a "new order of the ages," they were guided primarily by theiy own experience, their wisdom, and their common sense.

Novus Ordo Seclorum: The Intellectual Origins of the Constitution

Univ Pr of Kansas

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