An Economic History of the United States: Conquest, Conflict, and Struggles for Equality

An Economic History of the United States: Conquest, Conflict, and Struggles for Equality

Language: English

Pages: 302

ISBN: 1442257237

Format: PDF / Kindle (mobi) / ePub


The economy of the United States is constantly evolving in response to wars, technological innovations, cultural revolutions, and political maneuverings. Tracing the economic machine of the United States from its first experiments in the colonies to the post–Great Recession era of today, Frederick S. Weaver creates a dynamic narrative of this country’s progression through times of feast and times of famine. Weaver explores diverse areas of the market beyond the financial sector, examining historical fluctuations in distribution of income, how the ebb and flow of specific industries have influenced the shape of the market, and, ultimately, how the economy of the United States has made America the nation we know today. Conquest, Conflict, and Struggles for Equality: An Economic History of the United States is a thoughtful and accessible introduction to the subject of American economic history, suitable for undergraduate courses in US political and economic history.

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and thirty-four, rural residents, and lower-income people. This is a triumph, and the U.S. House of Representatives wasted time and energy voting to repeal it more than fifty times over the past three years. So why have declining federal deficits been such a secret, not trumpeted by those most concerned about federal deficits—the deficit hawks? Behind hysterical exhortations about fiscal crises, inflation, burdening our children and grandchildren, and so on, deficit hawks’ goal is less about

Averitt, Robert T. 1968. The Dual Economy: The Dynamics of American Industry Structure. New York: Norton. Axtell, James. 1981. The European and the Indian: Essays in the Ethnohistory of Colonial North America. New York: Oxford University Press, esp. the third, ninth, and tenth essays. Bair, Sheila. 2012. Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself. New York: Free Press. Bartlett, Bruce. 2013. “‘Financialization’ as a Cause of Economic Malaise.”

residents produced goods and services for the surrounding farms, while there were many fewer such small towns in the South’s countryside, reflecting the lack of robust backward linkages. Forward-linked activities were apparent in the first stages of processing cotton, tobacco, sugar, and rice, but they did not compete with northeastern industries in the more complex stages of processing these crops into, say, cotton textiles, cigarettes, candy, and liquor. The South’s highly concentrated

was to be on the agenda after the South achieved independence as the Confederate States of America. The bleakness of the postwar period caused many white Southerners to entertain the idea of emigrating out of the South. Despite appeals from such Confederate luminaries as Robert E. Lee, Jefferson Davis, and P. T. Beauregard for loyal Southerners to stay in the South and fight to reestablish former conditions and values, thousands not only moved into the West and North, thousands more went to

difficulties of southern African Americans was to speak out against the racial injustices and work politically to obtain federal protections for southern African Americans. Ida B. Wells (1862– 1931), also born into slavery, was a teacher, investigative reporter, newspaper editor, speaker, and lifelong activist against lynching. She studied at Shaw University (currently Rust University), LeMoyne Institute (now LeMoyne-Owen College), and Fisk University, and her writings were searing indictments of

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