Overview
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
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Table of contents (12 chapters)
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Front Matter
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Back Matter
Keywords
- American political economy
- North American economics
- Roosevelt economics
- Trumponomics
- Obamanomics
- Fordist model of growth
- The Great Depression
- Wall Street Crash
- History of capitalism
- American economic history
- American economic policy
- American global power
- Globalization
- 'America first'
- Economic policy of Donald Trump
- Obamacare
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.
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Authors and Affiliations
About the author
Website url: https://www.vittoriovalli.eu/
Bibliographic Information
Book Title: The American Economy from Roosevelt to Trump
Authors: Vittorio Valli
DOI: https://doi.org/10.1007/978-3-319-96953-4
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2018
Softcover ISBN: 978-3-319-96952-7Published: 29 November 2018
eBook ISBN: 978-3-319-96953-4Published: 19 November 2018
Edition Number: 1
Number of Pages: XVIII, 227
Number of Illustrations: 17 b/w illustrations
Topics: Popular Science in Economics, North American Economics, International Political Economy, Public Economics, Economic History, Macroeconomics/Monetary Economics//Financial Economics