U.S. Political Economic History

Updated 10/19/18  See Free Economics Books


Prelude: Political Economy Basics


Our Democratic Federalist Capitalist Republic



Presidential Elections







U.S. Political Era

1788 to 1892

1896 to 2016

Rigged? Past Election Sowed-Doubt and
Nearly Led to Violence



 Building America's Democratic
Federalist Capitalistic Republic

The Early Colonial Period

"We the People"
determines Political Power

Increasing We" of "We the People"

Thomas Jefferson
 Leader of the Opposition

Building a Constitutional

Capitalistic Democracy
Profitable Government


Presidential Courage
Brave Leaders
Changed America 1789-1989
By Michael Beschloss

G. Washington created Executive Privilege

See George Washington

Do You Want a Revolution?

The Revolution 1774-76   Source

J. Adams avoided War with France

which cost him reelection.

See John Adams
Leader of the Opposition
The Master of Monticello  

A. Jackson took on Eastern Oligarchs
 to serve rural America.

See Andrew Jackson  
Constitution to Manifest Destiny

A. Lincoln required freeing the slaves
to save the Union.

See Abraham Lincoln

T. Roosevelt  took on monopoly trusts
to protect, farms, consumers

See T. Roosevelt

TR Continues Manifest Destiny

War With Spain

FDR unpopular war planning
elected for terms 3 and 4

See F. Roosevelt

 Great Depression

Safety Net Deficits

H. Truman  quickly recognize Israel
with pressure from all sides

See H. Truman

First Cold War President

JFK  pushed school integration
despite political pressures.

See John F. Kennedy
JFK Avoids Vietnam

R. Reagan  ended Cold War
with massive deficit spending.

See Ronald Reagan

 Ends an Evil Empire

  Federal Deficit Increases.

Political Economy Summaries



Post WW2 History

U.S. Normality Changes
7 Competitive Adjustments

Rising Income

Increased Foreign Competition
Began 1970's Wage Stagnation

1980's Less Financial Regulation,
 Slow Wage Growth

U.S. Financial Bailouts and
Economic Recovery

Poverty Stuck at 15% Since 1984

Profit Growth Beats Wage Growth
 in New Century

Wellbeing Continuing Growing


Specific Topics

History of U.S. Economic Growth 1p

Brief History of U S Banking Problems 3p

Brief History of American Unions

U.S. Economic History Since 1900

20th Century Decade Evaluation 10p

Recent Decades Ranked by Problems 2p
The Cost of 20th Century

Great Recession 1p or  3p

Wage Growth Analysis 1p under construction

International Economic Competitive Adjustment
and the New Normal 1p

The Cost og Wars 1p

Most Severe Recessions 2p

Political Economy Book Summaries 1 p each