Alan Greenspan was born in 1926 and reared in the
Washington Heights neighborhood of New York City. After studying
the clarinet at Juilliard and working as a professional musician,
he earned his BA, MA, and PhD in economics from New York
University. In 1954, he cofounded the economic consulting firm
Townsend-Greenspan & Company. From 1974 to 1977, he served as chair
of the Council of Economic Advisors under President Gerald Ford. In
1987, President Ronald Reagan appointed him chairman of the Federal
Reserve Board, a position Greenspan held until his retirement in
2006. He is the author of the #1 New York
Times bestseller The Age of Turbulence.
Adrian Wooldridge is a Washington correspondent for The
Economist and was its West Coast bureau chief, based in Los
Angeles. He is the author of Measuring the Mind: Education and
Psychology in England, 1860–1990. He has written for The Wall
Street Journal, The New Republic, and The Times of
London, and has appeared on NPR and the BBC.
“This book snaps, crackles and pops . . . Three themes are
highlighted—productivity as the measure of economic progress; the
‘Siamese twins of creation and destruction’ as the sources of
productivity growth; and the political reaction to the consequences
of creative destruction . . . Readers will emerge from this heady
blend of economic, business, and political history with a sense of
exhilaration that so much of the American experience could be
described so vividly and insightfully.” —Financial Times, one of
the Best Books of The Year in Economics
“Capitalism in America makes a strong case, with some wonderful
insights into business history. Innovation, spread to the masses,
is indeed the engine of capitalist economies.” —The Economist
“A compelling and well-documented single-volume history. It reminds
us of how the US has beaten the world in the past 150 years and why
it might still be unwise to bet against it now.” —The Times of
London
“A masterful guide to capitalism American style . . . You don’t
have to be an economics wonk to enjoy and learn from Capitalism in
America.” —The Washington Times
“Capitalism in America is a delightful romp through the 400-year
economic life of America from agricultural giant to industrial
juggernaut to information/technology revolutionary. Stories and
statistics sparkle on every page. But the book is more than a
history. It is a policy guide to make sure capitalism in America
flourishes like never before . . . this book is required reading
for anyone who cares about life, liberty, and prosperity in
America.” —The American Conservative
“Strongly recommended. This illuminating and in-depth history . . .
is a valuable contribution to U.S. business history because it
explains financial events and the culture of innovation from
macroeconomic perspectives and offers remarkable insights into the
current business climate.” —Library Journal, starred
review
“A smart and engaging look at the workings of the economic machine
under various regimes, isolationist and internationalist alike.”
—Kirkus
“A sweeping and brilliantly told narrative by two authors who have
spent their careers thinking about the wellsprings of economic
growth. Anchored by the combination of Alan Greenspan’s legendary
skill with data and talent for analysis, and Adrian Wooldridge’s
knowledge and perspective on business history, Capitalism in
America is full of insights that will surprise you and change your
perspective on many of the key episodes of U.S history.” —Liaquat
Ahamed, author of Lords of Finance, winner of the 2010 Pulitzer
Prize
“A work of bold sweep and illuminating insight that tells nothing
less than the story of American capitalism—both its extraordinary
achievements and its darkest moments—from the earliest days in
colonies ‘at the edge of the world,’ to the Internet revolution.
Greenspan and Wooldridge combine penetrating analysis with striking
portraits of the people who made it all happen, which, together,
demonstrate their theme of the constant capacity for innovation and
reinvention. At a time when ‘capitalism’ itself is a subject of
doubt and target of assault, this is a book that the times demand,
and one that will contribute much to the debate.” —Daniel Yergin,
author of The Prize and The Quest and co-author of Commanding
Heights: the Battle for the World Economy
 |
Ask a Question About this Product More... |
|
