Author: Zac Thompson

Zac Thompson is a financial analyst and corporate reorganization consultant. He studied Austrian economics at the Manuel H. Johnson Center for Political Economy at Troy University, and he holds an MBA from the University of Alabama at Birmingham. Mr. Thompson enjoys playing traditional Irish music and is an active member of the 501st Legion. He currently resides in Birmingham, Alabama.

Critical Thinking Posted on October 12, 2023February 13, 2024

Commissary Notes and the Dark History of Revolutionary Financing

From the outset of the American Revolution and the outbreak of hostilities with Great Britain, a lingering problem that plagued the minds of the Continental Congress dealt with its financing. Under the Articles of Confederation adopted in 1777, Congress lacked the power to levy taxes.[1] Even had it possessed such power, to exercise it would […]

by Zac Thompson