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Government and the American Economy: A New History


Government and the American Economy: A New History Cover


Synopses & Reviews

Publisher Comments:

The American economy has provided a level of well-being that has consistently ranked at or near the top of the international ladder. A key source of this success has been widespread participation in political and economic processes. In The Government and the American Economy, leading economic historians chronicle the significance of Americas open-access society and the roles played by government in its unrivaled success story.

Americas democratic experiment, the authors show, allowed individuals and interest groups to shape the structure and policies of government, which, in turn, have fostered economic success and innovation by emphasizing private property rights, the rule of law, and protections of individual freedom. In response to new demands for infrastructure, Americas federal structure hastened development by promoting the primacy of states, cities, and national governments. More recently, the economic reach of American government expanded dramatically as the populace accepted stronger limits on its economic freedoms in exchange for the increased security provided by regulation, an expanded welfare state, and a stronger national defense.

About the Author

Price V. Fishback is the Frank and Clara Kramer Professor of Economics at the University of Arizona and a research associate of the National Bureau of Economic Research. He is the author of A Prelude to the Welfare State: The Origins of Workers' Compensation.

Table of Contents

Dedication   v

   Price Fishback

List of Tables and Figures  xiii

About the Authors   xv

Foreword xvii

   Douglass C. North

1. Government and the Economy

   Price Fishback

2. Goverment in Colonial America

   Stanley L. Engerman

3. The Founding Era, 1774-1791

   Robert A. McGuire

4. Property Rights and Federal Land Policy

   Gary D. Libecap

5. Reversing Financial Reversals: Government and the Financial System since 1789

   Richard Sylla

6. The National Era

   John Joseph Wallis

7. The Civil War and Reconstruction

   Jeffrey Rogers Hummel

8. Government and the American Dilemma

   Robert A. Margo

9. The Gilded Age

   Mark Guglielmo and Werner Troesken

10. The Progressive Era

   Price Fishback

11. Government and the People: Labor, Education, and Health

   Sumner J. La Croix

12. The Federal Bureaucracy: From Patronage to Civil Service

   Gary D. Libecap

13. The New Deal

   Price Fishback

14. The World Wars

   Robert Higgs

15. The Growth of U.S. Farm Programs

   Randal R. Rucker and E. C. Pasour Jr.

16. Shaping Welfare Policy: The Role of the South

   Lee J. Alston and Joseph P. Ferrie

17. Seeking Security in the Postwar Era

   Price Fishback

Appendix A. Key Indicators of Economic and Government Activity

  John Joseph Wallis and Price Fishback

Appendix B. The Articles of the Confederation

Appendix C. The Constitution of the United States

Appendix D. The Bill of Rights


Product Details

Fishback, Price
University of Chicago Press
North, Douglass C.
Foreword by:
North, Douglass C.
North, Douglass C.
Higgs, Robert
Et Al
North, Douglass C.
Fishback, Price V.
United States - General
Economic History
Government & Business
Economic Policy
United States History.
United States Economic policy.
US History-General
Edition Description:
Publication Date:
Grade Level:
Professional and scholarly
9 line drawings, 32 tables
9 x 6 in

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