Capitalism in America
Capitalism in America chronicles the full, epic story of America's evolution—from a small patchwork of threadbare colonies to the most powerful engine of wealth and innovation the world has ever seen. It unfolds a tale involving vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals as well as terrible moral failings. Every crucial debate is here—from the role of slavery in the antebellum Southern economy to the real impact of FDR's New Deal to America's violent mood swings in its openness to global trade and its impact.
Praise for Capitalism in America
“This book snaps, crackles, and pops. Readers will emerge from this heady blend of economic, business, and political history with a sense of exhilaration that so much of the American experience could be described so vividly and insightfully.”
— Financial Times, one of the Best Books of The Year in Economics
“Capitalism in America makes a strong case, with some wonderful insights into business history. Innovation, spread to the masses, is indeed the engine of capitalist economies.” — The Economist
“A compelling and well-documented single-volume history. It reminds us of how the US has beaten the world in the past 150 years and why it might still be unwise to bet against it now.”
— The Times of London
“A masterful guide to capitalism American style. You don’t have to be an economics wonk to enjoy and learn from capitalism in America.”
— The Washington Times
“Capitalism in America is a delightful romp through the 400-year economic life of America from agricultural giant to industrial juggernaut to information/technology revolutionary. This book is required reading for anyone who cares about life, liberty, and prosperity in America.”
— The American Conservative
“A sweeping and brilliantly told narrative by two authors who have spent their careers thinking about the wellsprings of economic growth. Capitalism in America is full of insights that will surprise you and change your perspectivecon many of the key episodes of U.S history.”
— Liaquat Ahamed, author of Lords of Finance
“Greenspan and Wooldridge combine penetrating analysis with striking portraits of the people who made it all happen, which, together, demonstrate their theme of the constant capacity for innovation and reinvention. At a time when capitalism itself is a subject of doubt and target of assault, this is a book that the times demand, and one that will contribute much to the debate.”
— Daniel Yergin, author of The Prize and The Quest and co-author of Commanding Heights: the Battle for the World Economy