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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.
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 book follows people who believed the housing bubble was going to burst—including Meredith Whitney, who predicted the demise of Citigroup and Bear Stearns; Steve Eisman, an outspoken hedge fund manager; Greg Lippmann, a Deutsche Bank trader; Eugene Xu, a quantitative analyst who created the first CDO market by matching buyers and sellers ...
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 ]
This is an accepted version of this page This is the latest accepted revision, reviewed on 26 January 2025. American historian and socialist thinker (1922–2010) Howard Zinn Zinn in 2009 Born (1922-08-24) August 24, 1922 New York City, U.S. Died January 27, 2010 (2010-01-27) (aged 87) Santa Monica, California, U.S. Education New York University (BA) Columbia University (MA, PhD) Occupation(s ...
A Monetary History of the United States, 1867–1960 is a book written in 1963 by future Nobel Prize-winning economist Milton Friedman and Anna Schwartz.It uses historical time series and economic analysis to argue the then-novel proposition that changes in the money supply profoundly influenced the United States economy, especially the behavior of economic fluctuations.
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.
In 1791, former Morris aide and chief advocate for Northern mercantile interests, Alexander Hamilton, the Secretary of the Treasury, accepted a compromise with the Southern lawmakers to ensure the continuation of Morris's Bank project; in exchange for support by the South for a national bank, Hamilton agreed to ensure sufficient support to have the national or federal capitol moved from its ...