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Book Summary and Reviews of The Price of Greatness by Jay Cost

The Price of Greatness by Jay Cost

The Price of Greatness

Alexander Hamilton, James Madison, and the Creation of American Oligarchy

by Jay Cost

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  • Published:
  • Jun 2018, 256 pages
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About this book

Book Summary

An incisive account of the tumultuous relationship between Alexander Hamilton and James Madison and of the origins of our wealthy yet highly unequal nation.

In the history of American politics there are few stories as enigmatic as that of Alexander Hamilton and James Madison's bitterly personal falling out. Together they helped bring the Constitution into being, yet soon after the new republic was born they broke over the meaning of its founding document. Hamilton emphasized economic growth, Madison the importance of republican principles.

Jay Cost is the first to argue that both men were right - and that their quarrel reveals a fundamental paradox at the heart of the American experiment. He shows that each man in his own way came to accept corruption as a necessary cost of growth. The Price of Greatness reveals the trade-off that made the United States the richest nation in human history, and that continues to fracture our politics to this day.

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Reviews

Media Reviews

"This is more valuable as a resource on colonial political philosophy than as an explanation of the U.S.'s current conflicts." - Publishers Weekly

"A well-argued examination of the nation's founding principles." - Kirkus

"Thoughtful people differ concerning why so many of today's most talented writers on American history practice their craft outside academia. Thoughtful people agree, and this book demonstrates, that Jay Cost is among those writers." - George F. Will, Washington Post columnist

"This terrific book is destined to reshape our thinking about the key events of the early republic including the tragic break between Hamilton and Madison.... A must-read for those interested in a deeper understanding of two giants whose principles animate America's conflicted soul." - Stephen F. Knott, author of Alexander Hamilton and the Persistence of Myth

"Jay Cost brings alive the profound dispute between Madison's republicanism and Hamilton's nationalism and helps us see why it still matters. At once a discerning scholar of political theory and a perceptive student of political practice, he is the perfect guide to this rich story." - Yuval Levin, author of The Fractured Republic and editor of National Affairs

This information about The Price of Greatness was first featured in "The BookBrowse Review" - BookBrowse's membership magazine, and in our weekly "Publishing This Week" newsletter. Publication information is for the USA, and (unless stated otherwise) represents the first print edition. The reviews are necessarily limited to those that were available to us ahead of publication. If you are the publisher or author and feel that they do not properly reflect the range of media opinion now available, send us a message with the mainstream reviews that you would like to see added.

Any "Author Information" displayed below reflects the author's biography at the time this particular book was published.

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Author Information

Jay Cost

Jay Cost is a senior writer at the Weekly Standard and has written for the Wall Street Journal, National Review, and Commentary. He holds a PhD in political philosophy from the University of Chicago. The author of A Republic No More, he lives in Harmony, Pennsylvania.

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