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Book American Economic Growth and Standards of Living before the Civil War

Download or read book American Economic Growth and Standards of Living before the Civil War written by Robert E. Gallman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: This benchmark volume addresses the debate over the effects of early industrialization on standards of living during the decades before the Civil War. Its contributors demonstrate that the aggregate antebellum economy was growing faster than any other large economy had grown before. Despite the dramatic economic growth and rise in income levels, questions remain as to the general quality of life during this era. Was the improvement in income widely shared? How did economic growth affect the nature of work? Did higher levels of income lead to improved health and longevity? The authors address these questions by analyzing new estimates of labor force participation, real wages, and productivity, as well as of the distribution of income, height, and nutrition.

Book The Political Economy of War and Peace

Download or read book The Political Economy of War and Peace written by Murray Wolfson and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: cancer n. any malignant tumor . . . Metastasis may occur via the bloodstream or the lymphatic channels or across body cavities . . . setting up secondary tumors . . . Each individual primary tumor has its own pattern . . . There are probably many causative factors . . . Treatment. . . depends on the type of tumor, the site of the primary tumor and the extent of the spread. (Oxford Concise Medical Dictionary 1996, 97) Let us begin by stating the obvious. Acts of organized violence are not necessarily of human nature, but they are endogenous events arising within the an intrinsic part evolution of complex systems of social interaction. To be sure, all wars have features in common - people are killed and property is destroyed - but in their origin wars are likely to be at least as different as the social structures from which they arise. Consequently, it is unlikely that there can be a simple theory of the causes of war or the maintenance of peace. The fact that wars are historical events need not discourage us. On the contrary, we should focus our understanding of the dimensions of each conflict, or classes of conflict, on the conjuncture of causes at hand. It follows that the study of conflict must be an interdisciplinary one. It is or a penchant for eclecticism that leads to that conclusion, but the not humility multi-dimensionality of war itself.

Book Tariffs  Blockades  and Inflation

Download or read book Tariffs Blockades and Inflation written by Mark Thornton and published by Rowman & Littlefield. This book was released on 2004 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: What role did economics play in leading the United States into the Civil War in the 1860s, and how did the war affect the economies of the North and the South? Tariffs, Blockades, and Inflation uses contemporary economic analyses such as supply and demand, modern market theory, and the economics of politics to interpret events of the Civil War. Simplifying the sometimes complex intricacies of the subject matter, Thornton and Ekelund have penned a nontechnical primer that is jargon-free and accessible. Tariffs, Blockades, and Inflation also takes a comprehensive approach to its topic. It offers a cohesive and a persuasive explanation of the how, what, and why behind the many factors at work on both sides of the contest. While most books only delve into a particular aspect of the war, this title effectively bridges the gap by offering an all-encompassing, yet relatively brief, introduction to the essential economics of the Civil War. This book starts out with a look at the reasons for the beginning of the Civil War, including explaining why the war began when it did. It then examines the economic realities in both the North and South. Also covered are the different financial strategies implemented by both the Union and the Confederacy to fund the war and the reasons behind what ultimately led to Southern defeat. Finally, the economic effect of Reconstruction is discussed, including the impact it had on the former slave population. Thornton and Ekelund have contributed an overdue examination of the Civil War that will impart to students a modern way to better comprehend the conflict. Tariffs, Blockades, and Inflation offers fresh, penetrating insights into this pivotal event in American history.

Book Modernizing a Slave Economy

    Book Details:
  • Author : John Majewski
  • Publisher : Univ of North Carolina Press
  • Release : 2011-04-01
  • ISBN : 0807882372
  • Pages : 257 pages

Download or read book Modernizing a Slave Economy written by John Majewski and published by Univ of North Carolina Press. This book was released on 2011-04-01 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: What would separate Union and Confederate countries look like if the South had won the Civil War? In fact, this was something that southern secessionists actively debated. Imagining themselves as nation builders, they understood the importance of a plan for the economic structure of the Confederacy. The traditional view assumes that Confederate slave-based agrarianism went hand in hand with a natural hostility toward industry and commerce. Turning conventional wisdom on its head, John Majewski's analysis finds that secessionists strongly believed in industrial development and state-led modernization. They blamed the South's lack of development on Union policies of discriminatory taxes on southern commerce and unfair subsidies for northern industry. Majewski argues that Confederates' opposition to a strong central government was politically tied to their struggle against northern legislative dominance. Once the Confederacy was formed, those who had advocated states' rights in the national legislature in order to defend against northern political dominance quickly came to support centralized power and a strong executive for war making and nation building.

Book The Rise and Fall of American Growth

Download or read book The Rise and Fall of American Growth written by Robert J. Gordon and published by Princeton University Press. This book was released on 2017-08-29 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.

Book The Economics of World War I

    Book Details:
  • Author : Stephen Broadberry
  • Publisher : Cambridge University Press
  • Release : 2005-09-29
  • ISBN : 1139448358
  • Pages : 363 pages

Download or read book The Economics of World War I written by Stephen Broadberry and published by Cambridge University Press. This book was released on 2005-09-29 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.

Book Conflict and Compromise

Download or read book Conflict and Compromise written by Roger L. Ransom and published by Cambridge University Press. This book was released on 1989-09-29 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book Professor Roger Ransom examines the economic and political factors that led to the attempt by Southerners to dissolve the Union in 1860, and the equally determined effort of Northerners to preserve it. Ransom argues that the system of capitalist slavery in the South not only "caused" the Civil War by producing tensions that could not be resolved by compromise; it also played a crucial role in the outcome of that war by crippling the southern war effort at the same time that emancipation became a unifying issue for the North. Ransom also carefully examines the impact that four years of war and the emancipation of slaves had both on the defeated South and the victorious North. -- From publisher's description.

Book Calculating the Value of the Union

Download or read book Calculating the Value of the Union written by James L. Huston and published by UNC Press Books. This book was released on 2003 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: While slavery is often at the heart of debates over the causes of the Civil War, historians are not agreed on precisely what aspect of slavery-with its various social, economic, political, cultural, and moral ramifications-gave rise to the sectional rift.

Book The Economic Effects of the American Civil War

Download or read book The Economic Effects of the American Civil War written by Patrick Karl O'Brien and published by MacMillan. This book was released on 1988 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a critical survey of contemporary historical research into the connection between the American Civil War and the long term Economic Growth of the United States. The central focus is on the methods used by economic historians to quantify the economic effects of drastic changes in taxation, government borrowing, and military expenditure, the destruction of human and physical capital, and the demise of slavery, which resulted from the war.

Book The Greatest Nation of the Earth

Download or read book The Greatest Nation of the Earth written by Heather Cox Richardson and published by Harvard University Press. This book was released on 2009-07-01 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: While fighting a war for the Union, the Republican party attempted to construct the world's most powerful and most socially advanced nation. Rejecting the common assumption that wartime domestic legislation was a series of piecemeal reactions to wartime necessities, Heather Cox Richardson argues that party members systematically engineered pathbreaking laws to promote their distinctive theory of political economy. Republicans were a dynamic, progressive party, the author shows, that championed a specific type of economic growth. They floated billions of dollars in bonds, developed a national currency and banking system, imposed income taxes and high tariffs, passed homestead legislation, launched the Union Pacific railroad, and eventually called for the end of slavery. Their aim was to encourage the economic success of individual Americans and to create a millennium for American farmers, laborers, and small capitalists. However, Richardson demonstrates, while Republicans were trying to construct a nation of prosperous individuals, they were laying the foundation for rapid industrial expansion, corporate corruption, and popular protest. They created a newly active national government that they determined to use only to promote unregulated economic development. Unwittingly, they ushered in the Gilded Age.

Book Ways and Means

    Book Details:
  • Author : Roger Lowenstein
  • Publisher : Penguin
  • Release : 2022-03-08
  • ISBN : 0735223564
  • Pages : 449 pages

Download or read book Ways and Means written by Roger Lowenstein and published by Penguin. This book was released on 2022-03-08 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Captivating . . . [Lowenstein] makes what subsequently occurred at Treasury and on Wall Street during the early 1860s seem as enthralling as what transpired on the battlefield or at the White House.” —Harold Holzer, Wall Street Journal “Ways and Means, an account of the Union’s financial policies, examines a subject long overshadowed by military narratives . . . Lowenstein is a lucid stylist, able to explain financial matters to readers who lack specialized knowledge.” —Eric Foner, New York Times Book Review From renowned journalist and master storyteller Roger Lowenstein, a revelatory financial investigation into how Lincoln and his administration used the funding of the Civil War as the catalyst to centralize the government and accomplish the most far-reaching reform in the country’s history Upon his election to the presidency, Abraham Lincoln inherited a country in crisis. Even before the Confederacy’s secession, the United States Treasury had run out of money. The government had no authority to raise taxes, no federal bank, no currency. But amid unprecedented troubles Lincoln saw opportunity—the chance to legislate in the centralizing spirit of the “more perfect union” that had first drawn him to politics. With Lincoln at the helm, the United States would now govern “for” its people: it would enact laws, establish a currency, raise armies, underwrite transportation and higher education, assist farmers, and impose taxes for them. Lincoln believed this agenda would foster the economic opportunity he had always sought for upwardly striving Americans, and which he would seek in particular for enslaved Black Americans. Salmon Chase, Lincoln’s vanquished rival and his new secretary of the Treasury, waged war on the financial front, levying taxes and marketing bonds while desperately battling to contain wartime inflation. And while the Union and Rebel armies fought increasingly savage battles, the Republican-led Congress enacted a blizzard of legislation that made the government, for the first time, a powerful presence in the lives of ordinary Americans. The impact was revolutionary. The activist 37th Congress legislated for homesteads and a transcontinental railroad and involved the federal government in education, agriculture, and eventually immigration policy. It established a progressive income tax and created the greenback—paper money. While the Union became self-sustaining, the South plunged into financial free fall, having failed to leverage its cotton wealth to finance the war. Founded in a crucible of anticentralism, the Confederacy was trapped in a static (and slave-based) agrarian economy without federal taxing power or other means of government financing, save for its overworked printing presses. This led to an epic collapse. Though Confederate troops continued to hold their own, the North’s financial advantage over the South, where citizens increasingly went hungry, proved decisive; the war was won as much (or more) in the respective treasuries as on the battlefields. Roger Lowenstein reveals the largely untold story of how Lincoln used the urgency of the Civil War to transform a union of states into a nation. Through a financial lens, he explores how this second American revolution, led by Lincoln, his cabinet, and a Congress studded with towering statesmen, changed the direction of the country and established a government of the people, by the people, and for the people.

Book American Civil Wars

    Book Details:
  • Author : Don H. Doyle
  • Publisher : UNC Press Books
  • Release : 2017-02-02
  • ISBN : 1469631105
  • Pages : 273 pages

Download or read book American Civil Wars written by Don H. Doyle and published by UNC Press Books. This book was released on 2017-02-02 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: American Civil Wars takes readers beyond the battlefields and sectional divides of the U.S. Civil War to view the conflict from outside the national arena of the United States. Contributors position the American conflict squarely in the context of a wider transnational crisis across the Atlantic world, marked by a multitude of civil wars, European invasions and occupations, revolutionary independence movements, and slave uprisings—all taking place in the tumultuous decade of the 1860s. The multiple conflicts described in these essays illustrate how the United States' sectional strife was caught up in a larger, complex struggle in which nations and empires on both sides of the Atlantic vied for the control of the future. These struggles were all part of a vast web, connecting not just Washington and Richmond but also Mexico City, Havana, Santo Domingo, and Rio de Janeiro and--on the other side of the Atlantic--London, Paris, Madrid, and Rome. This volume breaks new ground by charting a hemispheric upheaval and expanding Civil War scholarship into the realms of transnational and imperial history. American Civil Wars creates new connections between the uprisings and civil wars in and outside of American borders and places the United States within a global context of other nations. Contributors: Matt D. Childs, University of South Carolina Anne Eller, Yale University Richard Huzzey, University of Liverpool Howard Jones, University of Alabama Patrick J. Kelly, University of Texas at San Antonio Rafael de Bivar Marquese, University of Sao Paulo Erika Pani, College of Mexico Hilda Sabato, University of Buenos Aires Steve Sainlaude, University of Paris IV Sorbonne Christopher Schmidt-Nowara, Tufts University Jay Sexton, University of Oxford

Book Slavery s Capitalism

    Book Details:
  • Author : Sven Beckert
  • Publisher : University of Pennsylvania Press
  • Release : 2016-07-28
  • ISBN : 0812293096
  • Pages : 417 pages

Download or read book Slavery s Capitalism written by Sven Beckert and published by University of Pennsylvania Press. This book was released on 2016-07-28 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the nineteenth century, the United States entered the ranks of the world's most advanced and dynamic economies. At the same time, the nation sustained an expansive and brutal system of human bondage. This was no mere coincidence. Slavery's Capitalism argues for slavery's centrality to the emergence of American capitalism in the decades between the Revolution and the Civil War. According to editors Sven Beckert and Seth Rockman, the issue is not whether slavery itself was or was not capitalist but, rather, the impossibility of understanding the nation's spectacular pattern of economic development without situating slavery front and center. American capitalism—renowned for its celebration of market competition, private property, and the self-made man—has its origins in an American slavery predicated on the abhorrent notion that human beings could be legally owned and compelled to work under force of violence. Drawing on the expertise of sixteen scholars who are at the forefront of rewriting the history of American economic development, Slavery's Capitalism identifies slavery as the primary force driving key innovations in entrepreneurship, finance, accounting, management, and political economy that are too often attributed to the so-called free market. Approaching the study of slavery as the originating catalyst for the Industrial Revolution and modern capitalism casts new light on American credit markets, practices of offshore investment, and understandings of human capital. Rather than seeing slavery as outside the institutional structures of capitalism, the essayists recover slavery's importance to the American economic past and prompt enduring questions about the relationship of market freedom to human freedom. Contributors: Edward E. Baptist, Sven Beckert, Daina Ramey Berry, Kathryn Boodry, Alfred L. Brophy, Stephen Chambers, Eric Kimball, John Majewski, Bonnie Martin, Seth Rockman, Daniel B. Rood, Caitlin Rosenthal, Joshua D. Rothman, Calvin Schermerhorn, Andrew Shankman, Craig Steven Wilder.

Book The Triumph of American Capitalism

Download or read book The Triumph of American Capitalism written by Louis Morton Hacker and published by . This book was released on 1940 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Authorities cited in the text": pages 439-445.

Book Defending Slavery  Proslavery Thought in the Old South

Download or read book Defending Slavery Proslavery Thought in the Old South written by Paul Finkelman and published by Macmillan Higher Education. This book was released on 2019-12-16 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition of Defending Slavery: Proslavery Thought in the Old South introduces the vast number of ways in which educated Southern thinkers and theorists defended the institution of slavery. This book collects and explores the elaborately detailed pro-slavery arguments rooted in religion, law, politics, science, and economics. In his introduction, now updated to include the relationship between early Christianity and slavery, Paul Finkelman discusses how early world societies legitimized slavery, the distinction between Northern and Southern ideas about slavery, and how the ideology of the American Revolution prompted the need for a defense of slavery. The rich collection of documents allows for a thorough examination of these ideas through poems, images, speeches, correspondences, and essays. This edition features two new documents that highlight women’s voices and the role of women in the movement to defend slavery plus a visual document that demonstrates how the notion of black inferiority and separateness was defended through the science of the time. Document headnotes and a chronology, plus updated questions for consideration and selected bibliography help students engage with the documents to understand the minds of those who defended slavery. Available in print and e-book formats.

Book Rethinking the Economics of War

Download or read book Rethinking the Economics of War written by Cynthia J. Arnson and published by Woodrow Wilson Center Press. This book was released on 2005-10-12 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays questions the adequacy of explaining today's internal armed conflicts purely in terms of economic factors and re-establishes the importance of identity and grievances in creating and sustaining such wars. Countries studied include Lebanon, Angola, Colombia and Afghanistan.

Book The Gilded Age

Download or read book The Gilded Age written by Mark Twain and published by . This book was released on 1904 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: