A New Economic View of American History: From Colonial Times to 1940 (Second Edition) Review

A New Economic View of American History: From Colonial Times to 1940 (Second Edition)
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Let me speak here in law teacher mode: if you wanted to read just one book as background for law school, I think perhaps this should be the one. It's a model in terms both of substance and of presentation. In substance, the authors have done an admirable job of summing up the best available knowledge about the economy and how it came to be. In presentation, what they've done is to take an array of technical or specialized studies and to make them accessible to the determined non-specialist.
I remember it in terms of so many wonderful anecdotes. There are the farm girls from Vermont who staffed the mills in Massachusetts until the great Irish immigration drove them back to the farm. There are the restless young men from the prairies who rode the rafts down river to New Orleans, and then set off to see the world. There are the canals that lost all their capital value with the coming of the railroads - but then kept operating anyway, because it was more worthwhile to use them than to tear them up.
This is not, of course, precisely a law book. But it is a book about issues for the law: about slavery, about public land policy, about the structure of industry and finance. The chapters on the Great Depression alone would make a sufficient background for any course in constitutional or administrative law. For the authors, only two words: new edition.

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New sources of data, together with advances in theory, offer the opportunity for a fresh look at old and new questions.
This book asks such questions as: did mercantilism cause the American Revolution?; was slavery profitable?; and what were the causes of the Great Depression? Illustrated

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