- James Madison wrote a speech he gave to congress citing The Wealth of Nations book while opposing a national bank.
- Madison at first vetoed having a second national bank, later on their was another bill about the bank and he signed it having learned it was needed.
- Madison wanted to continue Jefferson's agenda, the dismantling of the system left behind by the federalists under Washington and Adams.
- Used the book to see the role for society opposite of the government, by shaping individual behavior.
- Madison was also a member of the Virginia Convention of 1788 that ratified the U.S. Constitution.
- Madison sponsored the Bill of Rights
- Foreign policies were guided by his republican ideals and his faith in the strength of the expanding U.S. economy.