The American Economy
Edition: 1
Copyright: 2016
Pages: 198
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In this creative, insightful collection of resources, Walter Greason, William Gorman, and Melissa Ziobro have presented a powerful, new vision of the economic history of the United States. Combining many of the most important analyses of business, social, economic, and labor history from the last fifty years, The American Economy makes some of the most salient debates about public policy accessible to a wide audience. The resulting synthesis offers one of the most original (and complete) assessments of economic development in North America from 1748 to 2012. One of the most impactful fruits of this project is the presentation of “Asset Value Analysis” as a methodology of economic history that allows every reader to understand their specific position within global capitalism at multiple, simultaneous geographic scales. This trio of educators have crafted a text that fits well into a variety of survey courses ranging from marketing and management to American history and sociology.
The American Economy offers a range of data, analysis, and methodologies that inspires beginners to begin their journey to understand the connections among modern agriculture, racial slavery, textile manufacturing, national industrialization, consumerism, and globalization.
Introduction
Agriculture
David Vogel, “Do Government and Business Get Along?”
William M. Gouge Decries Banks as Corporations, 1833
Drew G. Faust, James Henry Hammond and The Plantation as a Business Enterprise
A Factory Girl Leads a Tour of Lowell Mills, 1845
The Long Story of U.S. Debt, From 1790 to 2011, in 1 Little Chart
The Short History of U.S. Money, from Fur to Fiat
Milestones, 1750–1755
The Historical Evolution of State and Local Tax Systems
The Artist of His Country, Eli Whitney
The Star-Spangled Scotchman, Andrew Carnegie
Scope and Scale across Time
Thrift ShopCalvin Schermerhorn, “The Business of Slavery and the Rise of American Capitalism”
Immanuel Wallerstein, “Historical Capitalism”
Walter Johnson, “Soul by Soul”
Industry
How the West Got Rich and Modern Capitalism was Born
Why Workers Won’t Unite
The Economics of World War I
Henry Demarest Lloyd Exposes Standard Oil Monopoly, 1881
Teddy Roosevelt Advocates Regulation, 1901
DuPont’s Advertising Director Describes the Impact of World War I
A Wall Street Broker Remembers
Michael Bernstein, “Why the Great Depression Was Great”
The Path to Freedom
Services
The Great Recession and the Great Depression
U.S. News & World Report Explains Baby Boom Impact
Fortune Urges Business to Export Capitalism and Democracy
Washington Think Tank Calculates N.A.F.T.A.’s Impact on Jobs
Thomas Piketty, “A Global Tax on Capital”
Carl Nightingale, “Segregation”
Lizabeth Cohen, “Culture: Segmenting the Mass”
Sir Partha DasGupta, “The Real Wealth of Nations”
Debt Limits and Public Power
Feed the Beast
Beyond Affluence
Raise the Roof
Defining Risk
Trafficking in Capital Investments
Race and Consumption
Conclusion
Appendices
Secretaries of the Treasury
Presidents of the United States
British Monarchs
Asset Maps
South (1830)
Midwest (1939)
Connecticut (2010)
New Jersey (2010)
World (2015)
Dr. Greason's research focuses on the comparative, economic analysis of slavery, industrialization, and suburbanization. He serves as the Treasurer for the Society for American City and Regional Planning History, which is holding its national conference this year in Cleveland, Ohio, from October 26 through 29, 2017. With a variety of co-editors, Dr. Greason has published Planning Future Cities (2017) - an innovative look at architecture, urbanism, and municipal design - as well as The American Economy (2016) - a provocative examination of race, property, and wealth in the United States since 1750. His scholarly monograph, Suburban Erasure , won the Best Work of Non-Fiction award from the New Jersey Studies Academic Alliance in 2014. He also won grants from the Mellon Foundation (2011) and the National Endowment for the Humanities (2016).
His recent online resource, the Racial Violence Syllabus, attracted worldwide attention at the peak of the controversy surrounding the "Unite the Right" rally at the University of Virginia in Charlottesville, Virginia. Translated into seven languages, it reached more than 4 million direct users and drove the public debate surrounding the removal of Confederate memorials across the United States in venues as varied as National Public Radio, The Atlantic magazine, and The Chronicle of Higher Education.