Faculty News
Joint research from Professor Richard Sylla addressing financial systems, economic growth and globalization is referenced
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Excerpt from Bloomberg -- "Still, it’s worth reverting to Ron Chernow’s biography, on which Miranda's musical was largely based, as well as to the leading historian of early American finance, Richard Sylla, to get the details right. Hamilton himself was a serious student of financial history, and had drawn the correct conclusion that the U.S., heavily indebted after winning its War of Independence, needed to 'restore public credit' by establishing a consolidated public debt, consisting mostly of long-dated bonds, on the British model."
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