The American Economy 2 Volumes

Download or read book Government and the American Economy written by Price V. Fishback and published by University of Chicago Press. This book was released on 2008-09-15 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American economy has provided a level of well-being that has consistently ranked at or near the top of the international ladder. A key source of this success has been widespread participation in political and economic processes. In The Government and the American Economy, leading economic historians chronicle the significance of America’s open-access society and the roles played by government in its unrivaled success story. America’s democratic experiment, the authors show, allowed individuals and interest groups to shape the structure and policies of government, which, in turn, have fostered economic success and innovation by emphasizing private property rights, the rule of law, and protections of individual freedom. In response to new demands for infrastructure, America’s federal structure hastened development by promoting the primacy of states, cities, and national governments. More recently, the economic reach of American government expanded dramatically as the populace accepted stronger limits on its economic freedoms in exchange for the increased security provided by regulation, an expanded welfare state, and a stronger national defense.

Download or read book The American Political Economy written by Jacob S. Hacker and published by Cambridge University Press. This book was released on 2021-11-11 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.

Download or read book Building the New American Economy written by Jeffrey D. Sachs and published by Columbia University Press. This book was released on 2017-02-07 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: The influential economist offers a persuasive strategy for a more just and sustainable economy—with a forward by Bernie Sanders. The New York Times has said that Jeffrey D. Sachs is “probably the most important economist in the world.” Now, in a book that combines impassioned manifesto with a plan of action, Sachs charts a path to move America toward sustainable development. Sustainable development is a holistic approach to public policy that unifies economic, social, and environmental objectives. By focusing too much on short-term economic growth, the United States has neglected rising inequality and dire environmental threats—all while putting our long-term economic growth at risk. Sachs explores issues that have captivated national discourse, including infrastructure, trade deals, energy policy, the proper size and role of government, the national debt, and income inequality. In accessible language, he illuminates the forces at work in each case and presents specific policy solutions. His argument rises above the stagnation of partisanship to envision a brighter way forward both individually and collectively. “Sachs demonstrates expertise on vastly different policy fields and makes a convincing case that abdicating the toxic intersection of militarism and exceptionalism is key to building a brighter future.”—Global Policy Journal

Download or read book Consumer Credit and the American Economy written by Thomas A. Durkin and published by . This book was released on 2014 with total page 737 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumer Credit and the American Economy examines the economics, behavioral science, sociology, history, institutions, law, and regulation of consumer credit in the United States. After discussing the origins and various kinds of consumer credit available in today's marketplace, this book reviews at some length the long run growth of consumer credit to explore the widely held belief that somehow consumer credit has risen "too fast for too long." It then turns to demand and supply with chapters discussing neoclassical theories of demand, new behavioral economics, and evidence on production costs and why consumer credit might seem expensive compared to some other kinds of credit like government finance. This discussion includes review of the economics of risk management and funding sources, as well discussion of the economic theory of why some people might be limited in their credit search, the phenomenon of credit rationing. This examination includes review of issues of risk management through mathematical methods of borrower screening known as credit scoring and financial market sources of funding for offerings of consumer credit. The book then discusses technological change in credit granting. It examines how modern automated information systems called credit reporting agencies, or more popularly "credit bureaus," reduce the costs of information acquisition and permit greater credit availability at less cost. This discussion is followed by examination of the logical offspring of technology, the ubiquitous credit card that permits consumers access to both payments and credit services worldwide virtually instantly. After a chapter on institutions that have arisen to supply credit to individuals for whom mainstream credit is often unavailable, including "payday loans" and other small dollar sources of loans, discussion turns to legal structure and the regulation of consumer credit. There are separate chapters on the theories behind the two main thrusts of federal regulation to this point, fairness for all and financial disclosure. Following these chapters, there is another on state regulation that has long focused on marketplace access and pricing. Before a final concluding chapter, another chapter focuses on two noncredit marketplace products that are closely related to credit. The first of them, debt protection including credit insurance and other forms of credit protection, is economically a complement. The second product, consumer leasing, is a substitute for credit use in many situations, especially involving acquisition of automobiles. This chapter is followed by a full review of consumer bankruptcy, what happens in the worst of cases when consumers find themselves unable to repay their loans. Because of the importance of consumer credit in consumers' financial affairs, the intended audience includes anyone interested in these issues, not only specialists who spend much of their time focused on them. For this reason, the authors have carefully avoided academic jargon and the mathematics that is the modern language of economics. It also examines the psychological, sociological, historical, and especially legal traditions that go into fully understanding what has led to the demand for consumer credit and to what the markets and institutions that provide these products have become today.

Download or read book African Americans in the U.S. Economy written by Cecilia Conrad and published by Rowman & Littlefield Publishers. This book was released on 2005 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: The forty-three chapters in African Americans in the U.S. Economy focus on various aspects of the economic status of African Americans, past and present. Taken together, these essays present two related themes: first, when it comes to economics, race matters; second, racial economic discrimination and inequality persist despite the optimistic predictions of standard economic analysis that racial discrimination cannot thrive in a free-market economy. Visit our website for sample chapters!

Download or read book Arsenal of World War II written by Paul A. C. Koistinen and published by . This book was released on 2004 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prolific munitions production keyed America's triumph in World War II but so did the complex economic controls needed to sustain that production. Artillery, tanks, planes, ships, trucks, and weaponry of every kind were constantly demanded by the military and readily supplied by American business. While that relationship was remarkably successful in helping the U.S. win the war, it also raised troubling issues about wartime economies that have never been fully resolved. Paul Koistinen's fourth installment of a monumental five-volume series on the political economy of American warfare focuses on the mobilization of national resources for a truly global war. Koistinen comprehensively analyzes all relevant aspects of the World War II economy from 1940 through 1945, describing the nation's struggle to establish effective control over industrial supply and military demand—and revealing the growing partnership between the corporate community and the armed services. Koistinen traces the evolution of federal agencies mobilizing for war—including the National Defense Advisory Commission, the Office of Production Management, and the Supply Priorities and Allocation Board-and then focuses on the work of the War Production Board from 1942-1945. As the war progressed, the WPB and related agencies oversaw the military's supply and procurement systems; stabilized the economy while financing the war; closely monitored labor relations; and controlled the shipping and rationing of fuel and food. In chronicling American mobilization, Koistinen reveals how representatives of industry and the armed services expanded upon their growing prewar ties to shape policies for harnessing the economy, and how federal agencies were subsequently riven with dissension as New Deal reformers and anti-New Deal corporate elements battled for control over mobilization itself. As the armed services emerged as the principal customers of a command economy, the military-industrial nexus consolidated its power and ultimately succeeded in bending the reformers to its will. The product of exhaustive archival research, Arsenal of World War II shows that mobilization meant more than simply harnessing the economy for war-it also involved struggles for power and position among a great many interest groups and ideologies. Nearly two decades in the making, it provides an ambitious and enormously insightful overview of the emergence of the military-industrial economy, one that still resonates today as America continues to wage wars around the globe.

Download or read book The American West (1836-1900) written by Michael Shally-Jensen and published by Salem Press. This book was released on 2015-01-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Defining Documents in American History: The American West offers a broad range of historical documents on important figures and topics in American West research. Written by historians and experts in the field, this resource examines a wide array of primary source documents with an in-depth critical analysis. Articles begin by introducing the reader to the document's historical context, followed by a description of the author's life and circumstances in which the document was written. A document analysis guides readers in understanding key elements of language, rhetoric, and social and political meaning that define the significance of the author and the document in American history.