The American Economy from Roosevelt to Trump
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Beschreibung
‘This is essential reading for anybody interested in global history.’
—Professor Ugo Panizza, The Graduate Institute of Geneva, Switzerland
This illuminating book offers a compact survey and new interpretation of trends and policies in the US economy from the end of the nineteenth century to the initial period of the Trump administration. Valli maps three stages in this period of US economic history: first, the economic and demographic consequences of the frontier; second, the Fordist model of growth; and third, the attempt to build an economic empire through economic and financial globalization, military and political power and rapid technological progress.
Examining pivotal moments from the Wall Street Crash and the World Wars to the recent Great Recession, Obamacare and Trump's electoral promises and first controversial decisions, this book is essential reading for all those interested in American economic power and its future.
Vittorio Valli is Emeritus Professor at the University of Turin and has taught at Bocconi University and at the University of Padua, all in Italy. He has been Visiting Professor at the University of Kyoto, Japan; Seoul National University, South Korea; University of Nice, France; and Visiting Scholar at Brown University and the University of California (Berkeley), USA. He was the first president of the Italian Association for the Study of Comparative Economic Systems and the European Association of Comparative Economic Studies. He was also co-editor of the European Journal of Comparative Economics.
- Uses a comparative development economic approach – not a detailed economic history, but a reasoned survey of the pivotal points in US economic development
- Presents new interpretative tools, such as flow charts regarding the economic consequences of the frontier, the Fordist model of growth, and the stock-flow relations that heavily contributed to the Great Recession of 2008-9
- Shows the shifts in global power occurring from 1870 to 2017 and the changing role played by the United States in the international arena
- Outlines the main sources of strength and of weakness of the US economy and their changes over time
- Includes an in-depth analysis of the Great Depression and of the recent Great Recession
- Examines the widening of economic inequalities since the 1980s
- Compares the economic policies of Obama and Trump
- Takes an ‘outsider-looking-in’ approach from an American-trained, leading Italian academic incomparative economics
Uses a comparative development economic approach – not a detailed economic history, but a reasoned survey of the pivotal points in US economic development Presents new interpretative tools, such as flow charts regarding the economic consequences of the frontier, the Fordist model of growth, and the stock-flow relations that heavily contributed to the Great Recession of 2008-9 Shows the shifts in global power occurring from 1870 to 2017 and the changing role played by the United States in the international arena Outlines the main sources of strength and of weakness of the US economy and their changes over time Includes an in-depth analysis of the Great Depression and of the recent Great Recession Examines the widening of economic inequalities since the 1980s Compares the economic policies of Obama and Trump Takes an ‘outsider-looking-in’ approach from an American-trained, leading Italian academic in comparative economics
Autor*in
Vittorio Valli
Themen in »The American Economy from Roosevelt to Trump«
American political economy North American economics Roosevelt economics Trumponomics Obamanomics Fordist model of growth The Great Depression Wall Street Crash History of capitalism American economic history American economic policy American global power Globalization 'America first' Economic policy of Donald Trump
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“It could be a great read, given the enormous wealth of facts and the author’s broad knowledge of American contemporary history.” (Andreas Freytag, Journal of Economics, Vol. 131, 2020)
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