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American Economic History, Seventh Edition, integrates the latest scholarly research and data with the most important lessons from four centuries of economic, political, and social developments in U.S. history. Hughes and Cain take a chronological approach to the course and leave students with a clear understanding of how economic history can inform issues facing our society today.
“This is an excellent introductory textbook that is suitable for students with minimal background in economics. It is especially strong in the coverage of the evolution of the American legal system, from the English heritage through the new ‘quality of life regulations’ of the 1960s.”
— Tom Geraghty, University of North Carolina, Chapel Hill
“A great feature of this text is that it is fun to read. The story of American economic history is well told here!”
— Simone Wegge, College of Staten Island
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Most Helpful Customer Reviews
23 of 25 people found the following review helpful:
5.0 out of 5 stars
Explorations in American Economic History,
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This review is from: American Economic History (6th Edition) (Hardcover)
American Economic History is a challenging, extensive,
and complete economic history of the United States from the establishment of the Jamestown settlement to modern economic issues and trends. Hughes gives an overview appropriate to the college upper classman or graduate student. The book does a particularly fine job of discussing and analyzing the slavery question that, for the most part, led to the Civil War. And the various causes, such as the Stock Market Crash of 1929, that led to the Great Depression. The authors survey the various strains of thought on most of the central economic issues in American History: usually giving the most logical view(s) as based on the emperical evidence available to the economist/historian. In addition, to being, generally, well written and accurate, the text lends itself to a short or moderate length essay as a means of evaluation. TWA
16 of 18 people found the following review helpful:
5.0 out of 5 stars
Among the best you can get in economic history,
By
This review is from: American Economic History (6th Edition) (Hardcover)
This is a wonderful textbook for anyone looking to teach a course on economic history of the United States. For just general reading I would recommend Gordon's An Empire of Wealth but for others looking to teach or do an independent study this is a must. It clearly lays out all the developments in our economy very carefully and does a wonderful job of discussing current and relevant literature so you can specialize in the areas that you wish to look at further.
2 of 2 people found the following review helpful:
5.0 out of 5 stars
Excellent; 4.5 Stars,
By
This review is from: American Economic History (8th Edition) (Pearson Series in Economics) (Hardcover)
For what it aims to accomplish, this is a first-rate book. Cain (who took over authorship in a prior editions after Hughes untimely death) aims to provide a comprehensive, chronologically arranged narrative and analysis of American economic growth from the Colonial period to the present. The intent is to reach a broad audience and Cain writes clearly, avoids use of a lot of technical language, introduces basic economic concepts as needed, and is very good at explaining relatively abstruse questions. Book production is very good and a strength of this volume. The narrative writing is very strong, there is abundant use of clear and well chosen tables and charts to illustrate many important points and issues. There are a number of nice illustrations in each chapter. Cain does a particularly nice job of providing useful bibliographies and sets of references for further reading.
One of the best things about this book is the broad spectrum of issues and analyses discussed. What might be considered the core issues of economic growth, patterns of trade, financial history, and other more purely economic topics are covered extremely well. In addition, there are a number of excellent and interesting sections on important related topics such as the importance and evolution of the American legal system, demographic changes, history of technology, and good coverage of specific and sometimes controversial issues such as the economics of slavery. Cain does a nice job of discussing the history of some controversies. While relatively minor, there are some defects. The narrative, while generally strong, is sometimes a bit historically tone-deaf. Its not, for example, really accurate to refer to the dynastic states of 17th century France and Spain as nation-states. In his discussion of the late 19th and early 20th century, Cain tends to lump together the Progressive and Populist movements. As is common with a lot of economists, Cain has a tendency to treat market relationships as normative, which has a bit of circular flavor. Nonentheless, this is a really useful and enjoyable book.
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