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Capitalism in America: A History
— —
Alan Greenspan Adrian Wooldridge
Capitalism in America: A History by Alan Greenspan at Abbey's Bookshop,

Capitalism in America: A History

Alan Greenspan Adrian Wooldridge


Allen Lane

History of the Americas;
Economic systems & structures;
Economic history


496 pages

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Where does innovation come from and how does it spread through a society? And why do some eras see the fruits of innovation spread more democratically, while others see the opposite?

In Capitalism in America, Alan Greenspan distils a lifetime of grappling with these questions into a reckoning with the decisive drivers of the US economy over the course of its history. In partnership with journalist and historian Adrian Wooldridge, he unfolds a tale spanning vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals and profound moral failings.

Every crucial debate is addressed - from the role of slavery in the antebellum Southern economy to the real impact of Roosevelt's New Deal and America's violent mood swings in its openness to global trade.

At heart, the authors argue, America's genius has been its tolerance for the effects of creative destruction, the ceaseless churn of the old giving way to the new, driven by new people and new ideas.

At a time when productivity growth has again stalled, stirring up populist furies, and continued American pre-eminence seems increasingly uncertain, this makes for urgent reading.

By:   Alan Greenspan, Adrian Wooldridge
Imprint:   Allen Lane
Country of Publication:   United Kingdom
Dimensions:   Height: 240mm,  Width: 162mm,  Spine: 36mm
Weight:   954g
ISBN:   9780241365908
ISBN 10:   0241365902
Pages:   496
Publication Date:   October 2018
Audience:   College/higher education ,  Professional and scholarly ,  General/trade ,  Primary ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active

Alan Greenspan served as Chair of the Council of Economic Advisers under President Gerald Ford, 1974-77. In 1987, President Ronald Reagan appointed him Chairman of the Federal Reserve Board, a position he held until his retirement in 2006.

A sweeping and brilliantly told narrative by two authors who have spent their careers thinking about the wellsprings of economic growth. Anchored by the combination of Alan Greenspan's legendary skill with data and talent for analysis, and Adrian Wooldridge's knowledge and perspective on business history, Capitalism in America is full of insights that will surprise you and change your perspective on many of the key episodes of US history. -- Liaquat Ahamed A work of bold sweep and illuminating insight that tells nothing less than the story of American capitalism - both its extraordinary achievements and its darkest moments - from the earliest days in colonies at the edge of the world, to the Internet revolution. At a time when capitalism itself is a subject of doubt and target of assault, this is a book that the times demand, and one that will contribute much to the debate. -- Daniel Yergin

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