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The American Economy from Roosevelt to Trump

Authors: Valli, Vittorio

    • Uses a comparative development economic approach – not a detailed economic history, but a reasoned survey of the pivotal points in US economic development
    • Presents new interpretative tools, such as flow charts regarding the economic consequences of the frontier, the Fordist model of growth, and the stock-flow relations that heavily contributed to the Great Recession of 2008-9
    • Shows the shifts in global power occurring from 1870 to 2017 and the changing role played by the United States in the international arena
    • Outlines the main sources of strength and of weakness of the US economy and their changes over time
    • Includes an in-depth analysis of the Great Depression and of the recent Great Recession
    • Examines the widening of economic inequalities since the 1980s
    • Compares the economic policies of Obama and Trump
    • Takes an ‘outsider-looking-in’ approach from an American-trained, leading Italian academic in comparative economics

Buy this book

eBook $19.99
price for USA in USD (gross)
  • ISBN 978-3-319-96953-4
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $29.99
price for USA in USD
  • ISBN 978-3-319-96952-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

‘This is essential reading for anybody interested in global history.’ 
—Professor Ugo Panizza, The Graduate Institute of Geneva, Switzerland


This illuminating book offers a compact survey and new interpretation of trends and policies in the US economy from the end of the nineteenth century to the initial period of the Trump administration. Valli maps three stages in this period of US economic history: first, the economic and demographic consequences of the frontier; second, the Fordist model of growth; and third, the attempt to build an economic empire through economic and financial globalization, military and political power and rapid technological progress.

Examining pivotal moments from the Wall Street Crash and the World Wars to the recent Great Recession, Obamacare and Trump's electoral promises and first controversial decisions, this book is essential reading for all those interested in American economic power and its future.

About the authors

Vittorio Valli is Emeritus Professor at the University of Turin and has taught at Bocconi University and at the University of Padua, all in Italy. He has been Visiting Professor at the University of Kyoto, Japan; Seoul National University, South Korea; University of Nice, France; and Visiting Scholar at Brown University and the University of California (Berkeley), USA. He was the first president of the Italian Association for the Study of Comparative Economic Systems and the European Association of Comparative Economic Studies. He was also co-editor of the European Journal of Comparative Economics.

Table of contents (12 chapters)

  • The Birth of a Great Economic Power

    Valli, Vittorio

    Pages 1-9

  • The Fordist Model of Economic Development

    Valli, Vittorio

    Pages 11-17

  • The Great Depression and the New Deal

    Valli, Vittorio

    Pages 19-30

  • Return and Crisis of the Fordist Model of Development

    Valli, Vittorio

    Pages 31-43

  • Capital Accumulation, Technological Progress, and Knowledge

    Valli, Vittorio

    Pages 45-64

Buy this book

eBook $19.99
price for USA in USD (gross)
  • ISBN 978-3-319-96953-4
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $29.99
price for USA in USD
  • ISBN 978-3-319-96952-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The American Economy from Roosevelt to Trump
Authors
Copyright
2018
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-96953-4
DOI
10.1007/978-3-319-96953-4
Softcover ISBN
978-3-319-96952-7
Edition Number
1
Number of Pages
XVIII, 227
Number of Illustrations
17 b/w illustrations
Topics