Full Description
This textbook is the second volume of "American Economic History" and introduces undergraduate and advanced undergraduate students to the economic foundations of America. It covers the period from World War I and the founding of the Federal Reserve to the aftermath of the 2008 financial crisis and explores major macroeconomic theories, policy shifts, and social transformations.
Topics include the Great Depression, World War II, urban change, the Cold War, stagflation, and the rise of the service economy. Students will also examine the evolving role of women, the Southern economic resurgence, and the causes and consequences of financial crises. Drawing on the author's lectures and previous works, the book provides an insightful foundation for understanding America's modern economic evolution.
Contents
Chapter 1. The U.S. at the Beginning of the Twentieth Century.- Chapter 2. The Great War and the Roaring Twenties.- Chapter 3. The Classics and Keynes in the 1920s.- Chapter 4. The Great Depression.- Chapter 5. An American Dilemma.- Chapter 6. World War II and Immediate Aftermath.- Chapter 7. America in 1950.- Chapter 8. The Macroeconomic Record for 1950 to 1970.- Chapter 9. Politics, Demographics, and Social Change, 1950-1970.- Chapter 10. The Great Migration, Civil Rights, the Great Society, and Trouble in the Streets.- Chapter 11. Stagflation, the Supply Side, and the End of the Cold War.- Chapter 12. The Urban Crisis.- Chapter 13. The Roaring Nineties.- Chapter 14. Financial Crisis: Causes and Consequences.- Chapter 15. The Metropolitan Areas in the New Century.- Chapter 16. Some Important Longer-term Trends.- Chapter 17. More Economists and Some Real Estate Analysis You Should Know.
