Ron Chernow Quote
Both Jefferson and Adams detested people who earned a living shuffling financial paper, and when Adams launched a bitter tirade in later years against the iniquitous banking system, Jefferson agreed that the business was an infinity of successive felonious larcenies. 9 That banks could serve any economic purpose—that they could generate prosperity that might enrich the few but also lubricate the wheels of commerce—seemed alien to both men.
Ron Chernow
Both Jefferson and Adams detested people who earned a living shuffling financial paper, and when Adams launched a bitter tirade in later years against the iniquitous banking system, Jefferson agreed that the business was an infinity of successive felonious larcenies. 9 That banks could serve any economic purpose—that they could generate prosperity that might enrich the few but also lubricate the wheels of commerce—seemed alien to both men.
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About Ron Chernow
Chernow won the 2011 Pulitzer Prize for Biography and the 2011 American History Book Prize for his 2010 book Washington: A Life. He is also the recipient of the National Book Award for Nonfiction for his 1990 book The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance. His biographies of Alexander Hamilton (2004) and John D. Rockefeller (1998) were both nominated for National Book Critics Circle Awards. His biography of Hamilton inspired the popular Hamilton musical, which Chernow worked on as a historical consultant. For another book, The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family, he was awarded the 1993 George S. Eccles Prize for Excellence in Economic Writing. As a freelance journalist, Chernow has written over sixty articles for various national publications.