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The Epic History of American Economic Power
HarperCollins
October 2004
496 pages
ISBN: 0060505125
EAN: 9780060505127
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Non-Fiction | Historical
Throughout time, from ancient Rome to modern Britain, the
great empires built and maintained their dominion through
force of arms and political power over alien peoples. In
this illuminating work of history, John Steele Gordon tells
the extraordinary story of how the United States, a global
power without precedent, became the first country to
dominate the world through the creation of wealth. The American economy is by far the world's largest, but it
is also the most dynamic and innovative. The nation used its
English political inheritance, as well as its diverse,
ambitious population and seemingly bottomless imagination,
to create an unrivaled economy capable of developing more
wealth for more and more people as it grows. But America has also been extremely lucky. Far from a
guaranteed success, our resilient economy continually
suffered through adversity and catastrophes. It survived a
profound recession after the Revolution, an unwise decision
by Andrew Jackson that left the country without a central
bank for nearly eighty years, and the disastrous Great
Depression of the 1930s, which threatened to destroy the
Republic itself. Having weathered those trials, the economy
became vital enough to Americanize the world in recent
decades. Virtually every major development in technology in
the twentieth century originated in the United States, and
as the products of those technologies traveled around the
globe, the result was a subtle, peaceful, and pervasive
spread of American culture and perspective.
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