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"Economics United States History."
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Economists and societies
2009
\"Economists and Societies is the first book to systematically compare the profession of economics in the United States, Britain, and France, and to explain why economics, far from being a uniform science, differs in important ways among these three countries. Drawing on in-depth interviews with economists, institutional analysis, and a wealth of scholarly evidence, the author traces the history of economics in each country from the late nineteenth century to the present, demonstrating how each political, cultural, and institutional context gave rise to a distinct professional and disciplinary configuration. She argues that because the substance of political life varied from country to country, people's experience and understanding of the economy, and their political and intellectual battles over it, crystallized in different ways - through scientific and mercantile professionalism in the United States, public-minded elitism in Britain, and statist divisions in France. Fourcade moves past old debates about the relationship between culture and institutions in the production of expert knowledge to show that scientific and practical claims over the economy in these three societies arose from different elites with different intellectual orientations, institutional entanglements, and social purposes. Much more than a history of the economics profession, the book is a revealing exploration of American, French, and British society and culture as seen through the lens of their respective economic institutions and the distinctive character of their economic experts.\" Die Untersuchung enthält quantitative Daten. Forschungsmethode: deskriptive Studie; historisch. Die Untersuchung bezieht sich auf den Zeitraum 1890 bis 2000. (author's abstract, IAB-Doku).
Concrete economics : the Hamilton approach to economic growth and policy
\"Brilliantly written and argued, Concrete Economics shows exactly how the US government has shaped and directed the economy since the very inception of the country. This book does not rehash the sturdy and well-known arguments that to thrive, an entrepreneurial economy needs a social and policy environment characterized by a broad range of freedoms. Nor does it buy into the myth of the absolutely free market. Instead, Cohen and DeLong focus on the forgotten role played by the US government in initiating and enabling a redesign of the US economy. The government not only sets the ground rules for entrepreneurial activity but directs the surges of energy that mark a vibrant economy. It is as true for present-day Silicon Valley as it was for New England manufacturing at the dawn of the nineteenth century. This is not an argument based on abstract truths, complex correlations, or arcane discoveries, but rather on the facts of how the US economy succeeded so brilliantly. And that provides a blueprint for how the government, established companies, and new ventures can partner to yet again successfully reshape the economy. \"-- Provided by publisher.
The Education Myth
by
Shelton, Jon
in
Democracy and education
,
Democracy and education -- United States -- History
,
Economic aspects
2023
The Education Myth questions
the idea that education represents the best, if not the only, way
for Americans to access economic opportunity. As Jon
Shelton shows, linking education to economic well-being was not
politically inevitable. In the eighteenth and nineteenth centuries,
for instance, public education was championed as a way to help
citizens learn how to participate in a democracy. By the 1930s,
public education, along with union rights and social security,
formed an important component of a broad-based fight for social
democracy.
Shelton demonstrates that beginning in the 1960s, the political
power of the education myth choked off powerful social democratic
alternatives like A. Philip Randolph and Bayard Rustin's Freedom
Budget. The nation's political center was bereft of any realistic
ideas to guarantee economic security and social dignity for the
majority of Americans, particularly those without college degrees.
Embraced first by Democrats like Lyndon Johnson, Jimmy Carter, and
Bill Clinton, Republicans like George W. Bush also pushed the
education myth. The result, over the past four decades, has been
the emergence of a deeply inequitable economy and a drastically
divided political system.
Market madness : a century of oil panics, crises, and crashes
\"In Market Madness, Dr. Blake Clayton, a Wall Street stock analyst and former Oxford researcher, draws on a century's worth of statistical data to offer a revolutionary new look the history of oil and future of energy. The culmination of a multi-year study, he shows how generational fears about an imminent, irreversible shortage of oil punctuate the history of oil since its earliest days. He explores the conditions in which oil supply fears arise, gain popularity, and eventually wane, and shows how important such stories can be in affecting financial markets. He links these episodes to the behavioral concept of irrational exuberance and new era economic thinking, first popularized by Nobel Laureate Yale economist Robert Shiller, to show how unfounded pessimism affects the market for oil and other exhaustible resources. Acknowledging the significant geological and structural changes the oil market has undergone over the last century, the book does not dismiss today's shortage fears out of hand, but asks what they reveal about how commodity markets function and what that means for investors and public officials. Clayton argues that the lessons to be learned from this history are the need for quality data about US and global oil reserves, the importance of clear communication from public officials about energy markets and resources, and the value of transparency in commodities markets. While these measures will not eliminate volatility and unpredictability in energy markets, he writes, they would mitigate unnecessary price spikes and improve investor and government decision-making. The book addresses popular debates in economics and finance on how mass beliefs affect financial markets while also offering a colorful narrative history for general readers about the dramatic booms and busts of the American oil industry\"-- Provided by publisher.
Transcending Capitalism
2015,2006,2016
Transcending Capitalismexplains why many influential midcentury American social theorists came to believe it was no longer meaningful to describe modern Western society as \"capitalist,\" but instead preferred alternative terms such as \"postcapitalist,\" \"postindustrial,\" or \"technological.\" Considering the discussion today of capitalism and its global triumph, it is important to understand why a prior generation of social theorists imagined the future of advanced societies not in a fixed capitalist form but in some course of development leading beyond capitalism.
Howard Brick locates this postcapitalist vision within a long history of social theory and ideology. He challenges the common view that American thought and culture utterly succumbed in the 1940s to a conservative cold war consensus that put aside the reform ideology and social theory of the early twentieth century. Rather, expectations of the shift to a new social economy persisted and cannot be disregarded as one of the elements contributing to the revival of dissenting thought and practice in the 1960s.
Rooted in a politics of social liberalism, this vision held influence for roughly a half century, from its interwar origins until the right turn in American political culture during the 1970s and 1980s. In offering a historically based understanding of American postcapitalist thought, Brick also presents some current possibilities for reinvigorating critical social thought that explores transitional developments beyond capitalism.
Refrigeration nation : a history of ice, appliances, and enterprise in America
by
Rees, Jonathan
in
BUSINESS & ECONOMICS
,
Cold storage industry
,
Cold storage industry -- Economic aspects -- United States -- History
2013
How we keep food cold while the house stays warm.
Only when the power goes off and food spoils do we truly appreciate how much we rely on refrigerators and freezers. In Refrigeration Nation, Jonathan Rees explores the innovative methods and gadgets that Americans have invented to keep perishable food cold—from cutting river and lake ice and shipping it to consumers for use in their iceboxes to the development of electrically powered equipment that ushered in a new age of convenience and health.
As much a history of successful business practices as a history of technology, this book illustrates how refrigeration has changed the everyday lives of Americans and why it remains so important today. Beginning with the natural ice industry in 1806, Rees considers a variety of factors that drove the industry, including the point and product of consumption, issues of transportation, and technological advances. Rees also shows that how we obtain and preserve perishable food is related to our changing relationship with the natural world.
The 100 most important American financial crises : an encyclopedia of the lowest points in American economic history
\"Covering events such as banking crises, economic bubbles, natural disasters, trade embargos, and depressions, this single-volume encyclopedia of major U.S. financial downturns provides readers with an event-driven understanding of the evolution of the American economy\"-- Provided by publisher.
Pocketbook politics
2007,2004,2005
\"How much does it cost?\" We think of this question as one that preoccupies the nation's shoppers, not its statesmen. But, asPocketbook Politicsdramatically shows, the twentieth-century American polity in fact developed in response to that very consumer concern.
In this groundbreaking study, Meg Jacobs demonstrates how pocketbook politics provided the engine for American political conflict throughout the twentieth century. From Woodrow Wilson to Franklin Roosevelt to Richard Nixon, national politics turned on public anger over the high cost of living.
Beginning with the explosion of prices at the turn of the century, every strike, demonstration, and boycott was, in effect, a protest against rising prices and inadequate income. On one side, a reform coalition of ordinary Americans, mass retailers, and national politicians fought for laws and policies that promoted militant unionism, government price controls, and a Keynesian program of full employment. On the other, small businessmen fiercely resisted this low-price, high-wage agenda that threatened to bankrupt them.
This book recaptures this dramatic struggle, beginning with the immigrant Jewish, Irish, and Italian women who flocked to Edward Filene's famous Boston bargain basement that opened in 1909 and ending with the Great Inflation of the 1970s.
Pocketbook Politicsoffers a new interpretation of state power by integrating popular politics and elite policymaking. Unlike most social historians who focus exclusively on consumers at the grass-roots, Jacobs breaks new methodological ground by insisting on the centrality of national politics and the state in the nearly century-long fight to fulfill the American Dream of abundance.