~ The Forefathers’ Finances ~
Many of us might be understandably guilty of viewing life in 18th-century America through a lens that only consists of tricornered hats, lots of tea and Mel Gibson single-handedly altering the course of the American Revolution with his marksmanship. Lest we all entirely forget our high school U.S. history class, life today is essentially unrecognizable from life in the colonies, as tends to happen to societies over a quarter of a millennium.
“Viewed from the 21st century, life in colonial America was like living on a different planet,” said University of Virginia professor Ronald Michener in a piece on economics of the time in The Colonial Williamsburg Journal. Continue reading