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An Empire of Wealth
The Epic History of American Economic Power, 1607-2001

Rating
Format
Hardback, 460 pages
Published
Australia, 31 October 2004

Throughout time, from ancient Rome to modern Britain, the great empires built and maintained their dominion through force of arms and political power over alien peoples. In this illuminating work of history, John Steele Gordon tells the extraordinary story of how the United States, a global power without precedent, became the first country to dominate the world through the creation of wealth.

The American economy is by far the world's largest, but it is also the most dynamic and innovative. The nation used its English political inheritance, as well as its diverse, ambitious population and seemingly bottomless imagination, to create an unrivaled economy capable of developing more wealth for more and more people as it grows.

But America has also been extremely lucky. Far from a guaranteed success, our resilient economy continually suffered through adversity and catastrophes. It survived a profound recession after the Revolution, an unwise decision by Andrew Jackson that left the country without a central bank for nearly eighty years, and the disastrous Great Depression of the 1930s, which threatened to destroy the Republic itself. Having weathered those trials, the economy became vital enough to Americanize the world in recent decades. Virtually every major development in technology in the twentieth century originated in the United States, and as the products of those technologies traveled around the globe, the result was a subtle, peaceful, and pervasive spread of American culture and perspective.

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Product Description

Throughout time, from ancient Rome to modern Britain, the great empires built and maintained their dominion through force of arms and political power over alien peoples. In this illuminating work of history, John Steele Gordon tells the extraordinary story of how the United States, a global power without precedent, became the first country to dominate the world through the creation of wealth.

The American economy is by far the world's largest, but it is also the most dynamic and innovative. The nation used its English political inheritance, as well as its diverse, ambitious population and seemingly bottomless imagination, to create an unrivaled economy capable of developing more wealth for more and more people as it grows.

But America has also been extremely lucky. Far from a guaranteed success, our resilient economy continually suffered through adversity and catastrophes. It survived a profound recession after the Revolution, an unwise decision by Andrew Jackson that left the country without a central bank for nearly eighty years, and the disastrous Great Depression of the 1930s, which threatened to destroy the Republic itself. Having weathered those trials, the economy became vital enough to Americanize the world in recent decades. Virtually every major development in technology in the twentieth century originated in the United States, and as the products of those technologies traveled around the globe, the result was a subtle, peaceful, and pervasive spread of American culture and perspective.

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Product Details
EAN
9780060093624
ISBN
0060093625
Age Range
Dimensions
15.5 x 3.6 x 22.9 centimetres (0.79 kg)

About the Author

John Steele Gordon is a columnist for American Heritage and the author of A Thread Across the Ocean, The Great Game, Hamilton's Blessing, and The Scarlet Woman of Wall Street. His writing has appeared in the New York Times and the Wall Street Journal. He lives in North Salem, New York.

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"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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