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Alexander Hamilton was the first Secretary of the Treasury under George Washington and as such he attempted to put into place several measures that were designed to establish a healthy and productive relationship between American business and the American government. He advocated the establishment of a national bank, the support of government in the building of infrastructure designed to assist the growth of industry, and he embraced the idea of credit and investment of the wealthy in the success of the country. Hamilton understood that in order to build an industrial society it was necessary to make investment attractive and profitable. Being a former military aide to Washington he had the president's ear and was able to get most of his ideas accepted. Alexander Hamilton was a man of questionable motives and was forever haunted by his humble origins, but he was undoubtedly a brilliant judge of economic determination and nation building.

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Q: What contributions did Alexander Hamilton make to economic development and why is he considered father of American capitalism?
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