Editing Alexander Hamilton (section)

===Economics===
{{Further|Economic history of the United States}}
[[File:US10dollarbill-Series 2004A.jpg|thumb|Hamilton has appeared on the [[United States ten-dollar bill]] since 1928.]]
Hamilton has been portrayed as the patron saint<ref name=":0" /> of the [[American School (economics)|American School]] economic philosophy that, according to historian [[Michael Lind]], later dominated American economic policy after 1861.<ref name=":0">Lind, Michael, ''Hamilton's Republic'', 1997, pp. xiv–xv, 229–230.</ref> Hamilton's ideas and work influenced 19th century German economist [[Friedrich List]]<ref>{{cite journal |last1=Notz |first1=William |year=1926 |title=Friedrich List in America |url=https://archive.org/details/sim_american-economic-review_1926-06_16_2/page/248 |journal=American Economic Review |volume=16 |issue=2 |pages=248–265 |jstor=1805356}}</ref> and  [[Henry Charles Carey]], who served as [[Abraham Lincoln]]'s chief economic advisor during the [[Lincoln administration]].<ref>{{Cite journal |last=Levermore |first=Charles H. |title=Henry C. Carey and his Social System |journal=Political Science Quarterly |year=1890 |volume=5 |issue=4 |publisher=The Academy of Political Science |page=561 |jstor=2139529}}</ref>

In fall 1781, Hamilton firmly supported government intervention in favor of business after the manner of [[Jean-Baptiste Colbert]].<ref name=chernow170>Chernow, [https://archive.org/details/alexanderhamilto00cher/page/n189 p. 170].</ref><ref>''Continentalist'' V, April 1782 (but written in fall 1781).</ref><ref>Syrett, p. 3:77.</ref> In contrast to the British policy of international [[mercantilism]], which he believed skewed benefits to colonial and imperial powers, Hamilton was a pioneering advocate of [[protectionism]].<ref>Bairoch, pp. [{{GBurl|LaF_cCknJScC|p=17}} 17], [{{GBurl|LaF_cCknJScC|p=33}} 33].</ref> He is credited with the idea that [[industrialization]] was only possible with [[tariff]]s that protected the "[[infant industries]]" of an emerging nation.<ref name=Bairoch/>