An Economic History of the United States

The second edition of this successful and pioneering textbook takes a thematic approach to the subject, resulting in a comprehensive understanding of the historic development of economic issues in the United States. It provides both the theoretical foundations and historical background needed to gain an in-depth understanding of the American economy. Every chapter examines a specific topic, and the chapters are linked to each other to provide an overall view and to help students link events from the past to the modern day. The chronological approach is represented with a useful timeline as an appendix to show where the specific topics fit in the chronology. Chapter topics include: long-run causes of economic growth; economic history of income and wealth inequality; slavery, segregation, and discrimination; immigration and immigration policies; and an economic history of recessions and depressions. - New Part structure to organise the content around the specific themes that exist in the book (these are: economic growth, distributional issues, economic fluctuations and the relationship between markets and government)- A new appendix introducing multiple regression theory, helping students to understand the most commonly used empirical tool in the economic sector.- New Tour of the Book to enable instructors to see the key features at a glance- New content on: The economic impact of Covid and comparisons with the Spanish flu pandemic of 1918-1919 The technology and service sectors The impact of new ways of working (e.g. gig economy; digital transformation)- Updated coverage of: The financial system Supply chain and logistics The Great Depression and the New Deal* Native American economic experience- Increased reference and inclusion of empirical data and economic theory- New feature ''Making Connections'' to help students connect the past with the present- New feature ''Debating'' offers two opposing viewpoints on a topic to encourage students to consider alternative perspectives- New online resources: a companion website resources for instructors, including PowerPoints, additional end of chapter review questions and multiple choice questions with corresponding answers.>...

Auteur
Mark V. Siegler is Professor of Economics at California State University, Sacramento, USA.

Contenu
PART ONE: FOUNDATIONS Chapter 1Introduction to U.S. Economic History Chapter 2Standards of Living and American Economic Growth Chapter 3European Settlement and the Columbian Exchange Chapter 4Institutional Foundations PART TWO: ECONOMIC GROWTH Chapter 5The Financial System and Capital Accumulation Chapter 6Natural Capital Chapter 7Population and Population Growth Chapter 8Transportation and Communication Chapter 9Agriculture Chapter 10Manufacturing and Industrialization Chapter 11Education PART THREE: DISTRIBUTIONAL ISSUES Chapter 12Labor and Labor Markets Chapter 13The Distribution of Income and Wealth Chapter 14Segregation and Discrimination Chapter 15Immigration and Immigration Policies PART FOUR: MARKETS, GOVERNMENT, AND THE FUTURE Chapter 16The Growth of Government Chapter 17Regulation and Antitrust Policies Chapter 18Recessions, Depressions, and Stabilization Policies Chapter 19Negative Externalities and Common Resources Chapter 20Social Spending Chapter 21Connecting the Present with the Past and Future Appendix A: The Supply and Demand Model Appendix B: Multiple Regression Analysis Appendix C: Chronology of Important Events Index