An Empire of Wealth: The Epic History of American Economic Power
Oct 2009 · Zondervan
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492
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About this ebook
“Superb . . . the best one-volume economic history of the United States in a long time and, perhaps, ever.” —Newsweek
In this illuminating history, John Steele Gordon tells the extraordinary story of the world’s first economic superpower. He shows how the American economy became not only the world’s largest, but also its most dynamic and innovative. Combining its English political inheritance with its diverse, ambitious population, the nation was able to develop more wealth for more and more people as it grew.
Far from a guaranteed success, America’s economy suffered near constant adversity. 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. Yet, 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.
In this illuminating history, John Steele Gordon tells the extraordinary story of the world’s first economic superpower. He shows how the American economy became not only the world’s largest, but also its most dynamic and innovative. Combining its English political inheritance with its diverse, ambitious population, the nation was able to develop more wealth for more and more people as it grew.
Far from a guaranteed success, America’s economy suffered near constant adversity. 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. Yet, 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.
About the author
John Steele Gordon is a columnist for American Heritage and the author of A Thread Across the Ocean, The Great Game, Hamilton's Blessing, and The Scarlet Woman of Wall Street. His writing has appeared in the New York Times and the Wall Street Journal. He lives in North Salem, New York.
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