Adam Smith and the Origins of American Enterprise: How the Founding Fathers Turned to a Great Economist's Writings and Created the American Economy / Edition 1

Adam Smith and the Origins of American Enterprise: How the Founding Fathers Turned to a Great Economist's Writings and Created the American Economy / Edition 1

by Roy C. Smith
     
 

"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

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Overview

"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

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Product Details

ISBN-13:
9780312325763
Publisher:
St. Martin's Press
Publication date:
02/21/2004
Edition description:
First Edition
Pages:
240
Product dimensions:
5.50(w) x 8.50(h) x 0.55(d)

Table of Contents

Introductionix
1.Enlightenment and the New Economics1
Who Was Adam Smith?10
The British Economic System24
The American Question40
The Enlightenment Comes to America51
2.Colonial Enterprise54
Four Separate Economies58
Economic Growth in the Colonies73
Sociologies79
Colonial Wealth84
3.War and Independence89
War and Transition91
Creating a New Government105
Implementing a Constitution116
Early American Enterprise125
4.Hardening the Template135
American Economic Strategies144
Four Pillars of Enterprise150
Mid-Century Opulence166
5.Nothing Like It in the World175
Epilogue201
Notes215
Index219

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