Economist Explains Hamilton's Cabinet Battle #1

[@sometimeselii]

Lin actually made a song that was cut from Hamilton called "One Last Ride", where it addresses the Whiskey Rebellion in full.

[@lvw7668]

This play got me learning more about this country that all my years in school, college included...and finding it actually interesting! I’m watching someone explain the economics of the founding of this nation...on purpose! Well done sir. (We really need to rethink how these subjects are taught in school.)

[@jakkeddaw]

My wife just picked up the Hamilton biography on audible that Miranda based the musical off of. Excited for the next 32 hours of listening.

[@MarketPowerYT]

It's amazing. Don't get discouraged by his productivity. Instead, try to be inspired.

[@zirk5392]

Please, do make the video explaining Hamilton's economic plan

[@iiiisaaaaa]

I walked into that musical knowing only about George Washington and the Boston Tea Party (in my defense I’m not from the US) and now here I am watching an economist explain how accurate the Cabinet Battle is according to Hamilton’s financial plan… idk why but im always more and more surprised with how flawless Lin’s writing is and I just loooove watching ppl break the songs down. I had understood the concept of it, but not with this much detail. Thanks for the video!! ❤️

[@alyssablunt7014]

About the part on slaves, I understood that Hamilton was not in favor of slavery. Actually he even wrote essays against it with his friend John Laurens during the Revolution.

[@sparkybish]

But helped the Schuylers with the sale and acquisition of slaves, so, it's complicated.

[@astrotheultimate]

@@sparkybish yep. All the founding fathers are very complicated. Probably one of worst and most hypocritical is Jefferson who owned thousands of slaves, freeing only 7 in his lifetime and describing it as a 'hideous blot' when he was a younger man. A symptom of normalization and power I would say.

[@roems6396]

Yes, they are all mixed up with reservations on slavery on some level or another. Hamilton was an abolitionist. Washington wrote extensively about how slavery was immoral and made sure his slaves would be freed upon his death and the death of his wife, but didn’t free them while he was alive because they were necessary for his economic independence and wealth. Jefferson famously owned many slaves and even had several children with slaves, but he also wrote about the heinous slavery trade and helped to abolish it in Virginia. It was a time where they recognized their hypocrisy but were unwilling to abolish slavery due to their own selfish financial reasons.

[@dude2499]

Ro Ems Hamilton wasn’t an abolitionist but he was still anti-slavery

[@Amelia-nu8qv]

I would recommend the book Never Caught by Erica Armstrong Dunbar for more information on how Washington treated his slaves. www.simonandschuster.com/books/Never-Caught/Erica-Armstrong-Dunbar/9781501126413 (link to information about the book)

[@Pedro-lg9wz]

lol I learned more in 10 minutes watching your vid than 6 months of History class, great job!

[@komalhayre8497]

Not really Hamilton related but, Hello! I just found your channel and I am so glad I have. In the fall I am starting my first year of university. I am doing a major in Economics with business and finance option. I am minoring in political science. Thank you for making the videos they are really helping me and I feel so much more comfortable with my choice after watching your videos.

[@MarketPowerYT]

This kind of comment is always welcome, regardless of how it relates to the content! So glad you found the channel and I hope your first year goes well.

[@netlawyerdc]

This is one of the best vids I've seen putting Hamilton's economic advocacy in the musical in context. Please make the other video!

[@csumb90]

Putting my vote in for the video breakdown of Hamilton's plan.

[@jakubgodyn7413]

In 1789, slavery was something that was normal for most Americans. But as the mentality at the time was quite different from today. Lin thought (rightly) that today's viewer will have a hard time sympathizing with a protaginist that is ok with slavery. That is why Jefferson, as an antagonistic figure against Hamilton, is portrayed as a supporter of slavery. It is easier for the viewer to understand who is "right" and who is not without the need to understand difficult economic jargon.

[@shanewalsh1188]

It makes sense for him to do it like that, but he's also painting a picture of historical figures that is inaccurate and he's lying to ppl. He's essentially changing history Wich is what I don't personally like

[@delcapslock100]

Shane Walsh It’s a Broadway musical. Do you hold all plays, movies, art in general to this standard of accuracy? Because you will be disappointed 100% of the time.

[@resistencialiberal9555]

@@delcapslock100 yes, becuase it is historically inaccurate and whitewashing. if we are going down that route, then it must apply to everyone Islamic countries had slavery until the 80s, and black people are sold as slaves in Libya TODAY.

[@delcapslock100]

Resistencia Liberal ok, then don’t watch, read, or anything unless it meets your standard of historical accuracy. Have fun with that

[@shanewalsh1188]

@@delcapslock100 I think that it's our job as the audience to hold creators accountable for their works if we don't history will be rewritten and we'll forget.

[@jessicazug5327]

Really enjoyed the video, as I don't have any knowledge of American finances. Since I live in Germany, I have never looked into it. But I love the Musical and know also get to really understand everything behind the Cabinet Battle. Thanks!

[@AnaA-ko8bc]

Wow this is informative can you do a video on the national bank I guess it is referenced in the room where it happens song I just saw Hamilton for the first time last week so now I’m reading as much info I can

[@MarketPowerYT]

Great question! That's my weakest understanding of Hamilton's financial plan. But, in a nutshell, he wanted to create the Federal Reserve.

[@blainevanity6]

This was so interesting!

[@saritaschwedes8393]

thank you for this!! 🌸

[@carlincromwell9925]

Thank you for this video. It cleared up Cabinet Battle for me! You’ve mentioned that you asked your students to read the Full version of Hamilton’s Financial Plan. Could you please tell where is it possible to find it?

[@carlincromwell9925]

Excuse me for bothering, I’ve found it. If there is anyone as interested and as dumb as me, it’s called ‘First Report on Public Credit’

[@janithdassanayaka4599]

I’m studying for my economic paper and I saw this. Instant click 😂

[@adamatraore2286]

Thank you so much for sharing this great experience. Would you make a video about American voting system? Why can’t American people vote straight to elect the president? Is there any economic incentives behind this indirect voting system?

[@MarketPowerYT]

Here's a good primer! kzbin.info/www/bejne/hYa2aqCDbb2VmNk

[@adamatraore2286]

Market Power thank you

[@jackmehoffe9662]

Dork, if you wanna hear someone in way more words what the song says in a few, then keep watching. He takes each line then explains it in way more words than needed with virtually no information that's not in the song. This is about 10x less interesting and informative than I thought it'd be.

[@misterjag]

One-third of the population of Brooklyn in 1790 was enslaved.

[@craiglopresto3322]

Dude! Good shit, keep up the good work!

[@freedomm]

Hamilton was NOT an abolitionist.

[@vinayakansajeev]

I could find it on Disney+ hotstar in India. Usually I understand very stuff you talk but today I could not relate or understand anything.

[@MarketPowerYT]

The video is very focused on America. The movie comes out on Disney+ in the US on Friday. You can listen to the music on KZbin though! kzbin.info/www/bejne/jJnMn4OaareFgNk

[@vinayakansajeev]

@@MarketPowerYT Okay professor🙏. Keep posting more...

[@gabrielriddellfranco9705]

Please react to the rap battle Keynes x Hayek

[@gabrielriddellfranco9705]

Explaining the points they make

[@gabrielriddellfranco9705]

It is Very good

[@MarketPowerYT]

It's a classic! Have you seen Hamilton vs Satoshi? kzbin.info/www/bejne/gJKwe5xnlJanoaM

[@gabrielriddellfranco9705]

Yes! It’s awesome.

[@idolevin8795]

It's a musical, not a play...

[@randomperson5454]

last

[@jariah92005]

You know what else didnt happen? A multi-cultural community rapping about the birth of our country. Dance belts. The countless references to our current political climate. Why did you feel the need to point out inaccuracies? Do you actually believe we think every single thing in Hamilton in historically accurate? I must have missed the announcement that it was all fact. That insert must have fallen out of my soundtrack. Here, To help you out in the future: 1776 was written based on conjecture and “educated guesses” as Congress was held in secrecy. Eva Peron never met Che Guevara The French didnt speak with British dialects during the French Revolution. Musicals are fantasies. Even the darker ones and the ones making political statements. Often ideas and themes are condensed to fill the time constraints of a 2-3 hour musical. The ideas wanting to be heard have to be shaped to fit a smaller scale than decades of time. Duh. All you’re doing is debasing the work of an artist who created something special and insulted the millions of fans of said work by pretty much calling us idiots for not knowing every little historical inaccuracy. Smh. Yay for you.

[@MarketPowerYT]

Can you explain which point from the video you're upset with? Which inaccuracy do you think I pointed out?