I don't recall what Madison's credentials as an economist were Willie, can you enlighten me?
And how his ideas on economics and trade at a time when a letter took months to reach the US from Europe, not seconds, are relevant to today's economic realities?
Well... Adam Smith or Thomas Malthus were not considered as economists at their time. Anyway, James Madison wasn't an economist, he was much more: a Founding Father of this great Nation.