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"It is no coincidence what[so]ever that the nation with the most successful economy the world has known was born the very same year that Adam Smith published the greatest of all economic books, The Wealth of Nations. Roy C. Smith shows, clearly and informatively, how Smithian economics and American politics and entrepreneurship intertwined to produce that wonder called the American economy."
—John Steele Gordon, author of The Great Game and The Business of America: Tales from the Marketplace
"This is the most readable, informative, and genuinely exciting adventure in economic history that I have recently encountered."
—James M. Hester, former president of New York University
"Adam Smith's new economic ideas of 1776 appeared just in time to have maximal impact on the thinking of America's founding fathers...In this engaging economic and intellectual history, Roy Smith recounts how the United States became the most opulent of countries by putting into practice what the great Scottish economist preached."
—Richard Sylla, president of the American Association of Economic Historians
|1.||Enlightenment and the New Economics||1|
|Who Was Adam Smith?||10|
|The British Economic System||24|
|The American Question||40|
|The Enlightenment Comes to America||51|
|Four Separate Economies||58|
|Economic Growth in the Colonies||73|
|3.||War and Independence||89|
|War and Transition||91|
|Creating a New Government||105|
|Implementing a Constitution||116|
|Early American Enterprise||125|
|4.||Hardening the Template||135|
|American Economic Strategies||144|
|Four Pillars of Enterprise||150|
|5.||Nothing Like It in the World||175|