Free PDF An Empire of Wealth: The Epic History of American Economic Power By John Steele Gordon
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An Empire of Wealth: The Epic History of American Economic Power By John Steele Gordon
Free PDF An Empire of Wealth: The Epic History of American Economic Power By John Steele Gordon
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- Sales Rank: #67596 in Books
- Published on: 2005-10-25
- Released on: 2005-10-25
- Original language: English
- Number of items: 1
- Dimensions: 8.00" h x 1.12" w x 5.31" l, .81 pounds
- Binding: Paperback
- 496 pages
From Publishers Weekly
The word "epic" in the subtitle is a tip-off that instead of a critical history of the American economy, this book is a celebration of it. Nothing wrong with that, especially when the tale's told breezily and accurately. In fact, Gordon (The Scarlet Woman of Wall Street) notes the many stumbles and the frequent foolishness and corruption that attended the nation's rise as an economic powerhouse. The larger story of success is, in fact, an extraordinary one. The trouble is that the American economy, like every other, bends much out of shape. It has always provided opportunity but always with too much inequality. A full history of the American economy would take this into consideration—in the past as well as the present, and Gordon's doesn't. Also, his book sometimes wanders off into irrelevant subjects, like the origins of the computer, but his grasp of the larger picture is sure and his prose bright. His chapter on Northern and Southern Civil War finances is a model of its kind. Those seeking an introduction to the general history of American economic power will find few better places to start, as long as they keep in mind that the nation's economy is not perfect, its benefits not unalloyed and its future domination of other economic powerhouses by no means assured.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
From Booklist
Gordon, a financial historian, tells the story of America's dynamic power, which is tied to its entrepreneurial culture and immense economic wealth. From the settlement at Jamestown (which was founded by a profit-seeking corporation) to the birth of the Internet, our history is replete with people who made America great with their hard work; ambition; ingenuity and, in the author's view, dumb luck. We learn that American power lies in its widely distributed wealth, the capacity of its people to create more wealth, and limitless imagination in developing new ways to use wealth productively. Others want to have what we have and adopt our ways because America is the global beacon of economic success. Engagingly tracing U.S. history from its earliest days to the tragedy of September 11, 2001, Gordon tells the tale of a crooked path of triumph and disaster, daring and timidity, and great individuals and fools. The author shows that ours is a case study in liberty. Mary Whaley
Copyright © American Library Association. All rights reserved
Review
“Impressive. ... A deft, lively handling of an ambitious project that would have daunted almost any other writer.” (Ron Chernow, author of Alexander Hamilton)
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