History of the American Economy with Economic Applications,9780324259698

History of the American Economy with Economic Applications

by ;
Edition: 10th
ISBN13: 9780324259698
ISBN10: 0324259697
Format: Hardcover
Pub. Date: 2004-05-03
Publisher(s): South-Western College Pub
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Summary

One of the first U.S. economic history books on the market, this classic text ties America?s past to the economic policies and debates of today and beyond. Presenting economic events chronologically for ease of understanding and to provide continuity, the authors equip students with a firm foundation in the evolution of American economic history.

Table of Contents

Preface xiii
Growth, Welfare, and the American Economy
1(23)
Americans 1900--2000
1(9)
A Study with a Purpose
10(14)
Part One The Colonial Era: 1607--1776
24(98)
Founding the Colonies
26(24)
European Background to the Voyages of Discovery
26(1)
Portugal and the First Discoveries
27(1)
Portugal and Spain: Expanding Empires
28(2)
The Latecomers: Holland, France, and England
30(1)
First British Settlements in North America
31(1)
Early Reforms
32(6)
Demographic Change
38(12)
Colonial Economic Activities
50(18)
Land and Natural Resource Abundance, Labor Scarcity
50(1)
Capital Scarcity
51(1)
The Dominance of Agriculture
51(6)
The Extractive Industries
57(3)
The Manufacturing Industries
60(4)
Occupational Groups
64(4)
The Economic Relations of the Colonies
68(19)
English Mercantilism and the Colonies
68(2)
Exports, Imports, and Markets
70(1)
Overseas Shipping and Trade
71(4)
Intercolonial Commerce
75(1)
Money and Trade
76(2)
Money, Debts, and Creditors
78(1)
Trade Deficits with England
79(8)
Economic Progress and Wealth
87(19)
Growth and Change in the Colonial Economy
87(8)
Technological Change and Productivity
95(4)
Speculations on Early Growth Rates
99(1)
Per Capita Wealth and Income, 1774
100(1)
The Distribution of Income and Wealth
101(5)
Three Crises and Revolt
106(16)
The Old Colonial Policy
106(3)
The New Colonial Policy and the First Crisis
109(2)
More Changes and the Second Crisis
111(1)
The Third Crisis and Rebellion
111(11)
Part Two The Revolutionary, Early National, and Antebellum Eras: 1776--1860
122(140)
Hard Realities for a New Nation
124(16)
The War and Economy
124(3)
The Constitution
127(3)
American Independence and Economic Change
130(1)
A Quantitative Analysis of Economic Change
131(2)
War, Neutrality, and Economic Resurgence
133(7)
Land and the Early Western Movements
140(22)
The Acquisition of the Public Domain
140(7)
The Migrations to the West
147(6)
The Southwestern Migration and Cotton
153(4)
The Far Western Migration
157(5)
Transportation and Market Growth
162(22)
The Antebellum Transportation Revolution
162(2)
The Routes of Western Commerce
164(1)
Steamboats and the Natural Waterways
165(5)
Public Versus Private Initiative on the Natural Waterways
170(1)
The Canal Era
170(4)
The Iron Horse
174(1)
Roads
175(2)
The Antebellum Interregional Growth Hypothesis
177(1)
Ocean Transport
178(6)
Market Expansion and Industry in First Transition
184(19)
Early Changes in U.S. Manufacturing
184(7)
Prerequisites to Factory Production
191(4)
Productivity Advances in Manufactures
195(1)
Protection From Foreign Competition
196(7)
Labor During the Early Industrial Period
203(19)
The Growth of the Population and the Labor Force
203(1)
The Changing Labor Force Distribution and Composition
204(4)
The Impact of Immigration
208(1)
The Wages of Male Labor in Manufacturing
209(3)
Growing Inequality of Income
212(1)
The Early Union Movement
213(4)
Political Gains for Common Working People
217(5)
Money and Banking in the Developing Economy
222(19)
The American Monetary Unit
222(1)
The Bimetallic Standard
223(1)
Bank Notes as Paper Money
224(1)
The First Bank of the United States
225(3)
The Second Bank of the United States
228(4)
Economic Fluctuations and the Second Bank
232(2)
Experiments in State Banking Controls
234(2)
The Economic Consequences of the Gold Rush
236(5)
The Entrenchment of Slavery and Regional Conflict
241(21)
African Slavery in the Western Hemisphere
241(1)
First U.S. Constraints on Slavery
242(4)
Plantation Efficiency
246(6)
Economic Exploitation
252(2)
Economic Entrenchment and Regional Incomes
254(1)
Political Compromises and Regional Conflict
255(7)
Part Three The Reunification Era: 1860--1920
262(152)
War, Recovery, and Regional Divergence
264(21)
The Economics of War
265(3)
The Civil War and Northern Industrialization
268(2)
Economic Retardation in the South
270(5)
The Legacy of Slavery
275(10)
Agriculture's Western Advance
285(22)
The Expansion of Land under Cultivation
286(1)
Federal Land Policy
286(2)
The Impact of Federal Land Policy
288(2)
Growth and Change in Agriculture
290(3)
Hard Times on the Farm, 1864--1896
293(5)
Agrarian Political Organizations
298(3)
The Beginnings of Federal Assistance to Agriculture
301(1)
Natural Resource Conservation: The First Stages
302(5)
Railroads and Economic Change
307(19)
The Transcontinentals
308(1)
Total Construction: Page and Patterns
309(3)
Railroad Building and Railroad Demand
312(1)
Land Grants, Financial Assistance, and Private Capital
313(2)
Unscrupulous Financial Practices
315(1)
Rate Setting and Regulation in Railroad Markets
315(6)
Railroads and Economic Growth
321(5)
Industrial Expansion and Concentration
326(22)
Structural Change and Industry Composition
326(9)
Economies of Scale and Industry Concentration
335(2)
The Two Phases of the Concentration Movement
337(4)
Legislation and Legal Actions
341(7)
The Emergence of America's Labor Consciousness
348(21)
Demographic Change and the Supply of Labor
348(3)
Immigration, Politics, and Economic Effect
351(3)
Gains for Workers in the Postbellum Period
354(6)
Unions, Employers, and Conflict, 1860--1914
360(5)
Labor's Gains and the Unions
365(4)
Money, Prices and Finance in the Postbellum Era
369(22)
New Forms of Currency
370(4)
Gold, Greenbacks, or Bimetallism?
374(9)
Financial Capital, Investment Banking, and the National Debt
383(2)
Bank Panics and the Establishment of the Federal Reserve System
385(6)
Commerce at Home and Abroad
391(23)
Urbanization
391(2)
Marketing and Selling
393(6)
Product Differentiation and Advertising
399(1)
The First Steps Toward Consumer Protection
399(4)
Foreign Trade
403(3)
The Acceptance of Protectionist Doctrines
406(2)
The United States in an Imperialist World
408(6)
Part Four War, Depression, and War Again: 1914--1946
414(104)
World War I, 1914--1918
416(14)
The Origins of War
416(1)
U.S. Involvement
417(4)
Replacement of the Market with a Command System
421(3)
Labor during the War
424(2)
The Legacies of World War I
426(4)
The Roaring Twenties
430(22)
Social Changes in the Aftermath of War
430(1)
New Goods and the Rise of the Middle Class
431(5)
The Labor Force in the Twenties
436(4)
On the Land
440(2)
Were the Rich Getting Richer While the Poor Got Poorer?
442(1)
Macroeconomic Policies
443(2)
International Developments
445(1)
The Great Bull Market
446(6)
The Great Depression
452(21)
Dimensions of the Depression
453(1)
Causes of the Great Depression
454(6)
The Role of the Financial Crisis
460(3)
Why Didn't the Federal Reserve Save the Banking System?
463(2)
Fiscal Policy in the 1930s
465(1)
Partial Recovery and then a New Downturn
466(3)
Can It Happen Again?
469(1)
What Does the Depression Tell Us about Capitalism?
469(4)
The New Deal
473(21)
The First New Deal: Relief and Recovery
474(5)
Agriculture and the New Deal
479(6)
Labor and the New Deal
485(3)
The Supreme Court and the New Deal
488(1)
The Second New Deal: The Welfare State
489(1)
The Critics of the New Deal
490(1)
The Legacy of the New Deal
491(3)
World War II
494(24)
Mobilizing for War
494(5)
Fiscal and Monetary Policy
499(4)
Wage and Price Controls
503(2)
Wartime Prosperity?
505(1)
Labor Relations during the War
506(2)
Wartime Minority Experiences
508(1)
Agriculture during the War
509(3)
Demobilization and Reconversion
512(6)
Part Five The Postwar Era: 1946 to the Present
518(89)
The Changing Role of the U.S. Government
520(24)
The Size of Government in the Postwar Era
520(4)
The Liberal Era, 1945--1976: Continued Expansion
524(4)
The Conservative Era, 1976--2000
528(2)
Agriculture
530(5)
The Environment and the Legacy of the Conservation Movement
535(3)
Can the Principles of Economics Explain the Growth of the Government?
538(6)
Growth and the Business Cycle after World War II
544(21)
The Keynesian Era
545(9)
Monetarism and Its Descendants
554(8)
Was the Economy More Stable after World War II Than before the Depression?
562(3)
Manufacturing, Productivity, and Labor
565(27)
Employment Patterns
565(1)
Gales of Creative Destruction
566(6)
Changes in the Organization of Industry
572(3)
The Rise of the Service Sector
575(1)
The Changing Role of Women in the Labor Force
576(4)
Minorities
580(4)
The New Immigration
584(2)
Unions
586(1)
Real Wage
587(5)
Achievements of the Past, Challenges for the Future
592(15)
The Achievements of the Past
592(1)
Real Income Has Grown Rapidly
592(7)
Challenges for the Future
599(4)
Prophets of Decline
603(4)
Subject Index 607(9)
Name Index 616

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