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In 1835, French historian Alexis de Tocqueville wrote about the "peculiar practice" of people in the new American colonies supporting "private initiatives for public good, focusing on quality of life" in his book "Democracy in America." He said voluntary, charitable giving was a distinct cornerstone of American democracy; and he shared ...
The title of the book points at the sharp decline in stock prices following the bankruptcy of the investment bank Lehman Brothers in September, 2008. Meanwhile, its subtitle reveals Stiglitz's conviction that free markets are at the bottom of the crisis, as he makes deregulation responsible for the rise of the shadow banking system, over-leveraged banks and subprime mortgages.
A People's History of the United States is a 1980 nonfiction book (updated in 2003) by American historian and political scientist Howard Zinn. In the book, Zinn presented what he considered to be a different side of history from the more traditional "fundamental nationalist glorification of country". [ 1 ]
Schwartz, Laurens R. Jews and the American Revolution: Haym Salomon and Others. Jefferson, North Carolina: McFarland & Co., 1987. ISBN 978-0899502205. Wiernik, Peter. History of the Jews in America: From the Period of the Discovery of the New World to the Present Time at Google Books. New York: Jewish Press Publishing Company, 1912. LCCN 12-25267
By 1797 there were 24 chartered banks in the U.S.; with the beginning of the free banking era (1837) there were 712. Privately issued note, 1863. During the free banking era, the banks were short-lived compared to today's commercial banks, with an average lifespan of five years.
Capitalism in America: A History is a 2018 book written by former chairman of the Federal Reserve Alan Greenspan and Adrian Wooldridge, political editor at The Economist. [note 1] The book traces the economic history of the United States since its founding and the authors argue that America's embrace of capitalism and creative destruction has given the nation's economy a superior edge.
The Civilization Fund Act, also known as the Indian Civilization Act, was an Act passed by the United States Congress on March 3, 1819. The Act encouraged activities of benevolent societies in providing education for Native Americans and authorized an annuity to stimulate the "civilization process". [ 1 ]
A 2022 study in the American Economic Journal found that greater economic inequality in the United States than in Europe was not because of the nature of tax and transfer systems in the United States. The study found that the U.S. redistributes a greater share of its wealth to the bottom half of the income distribution than any European country.