The NEW Second Edition of American Economic Development from Historical and Contemporary Perspectives compliments interdisciplinary courses with American Economic components. In this book, William Gorman integrates primary and analytical sources to provide students and faculty the tools to examine the formative elements of America's economic progression. To stimulate higher level critical thinking, each section of the book includes questions which promote consideration of varying perspectives on Economic Development.
This book builds on former editions by including a chapter on contemporary economic issues including international trade with emphasis on the complicated economic relationship between the United States and China. There is also attention in new content given to such vitally important topics as American farming, Artificial Intelligence, and the change in the employment market in some sectors to a more hybrid and remote work model. The new edition also looks at the landscape of the post-Covid-19 labor market. The final section of the book contains contrasting views from economic thinkers across a broad range of topics.
This book invites readers to consider formative antecedents to the United States economy alongside the impact of rapidly evolving international trade policy and the crippling Covid-19 pandemic. In so doing, it provides value by contrasting the forces that shaped the United States economy with the events that will impact its future.