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American Exceptionalism - Economics, Finance, Political Economy, and Economic Laws (Hardcover, 1st ed. 2019)
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American Exceptionalism - Economics, Finance, Political Economy, and Economic Laws (Hardcover, 1st ed. 2019)
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The publication of Alexis de Tocqueville's Democracy in America has
kindled interest across disciplines to appraise the exceptional
nature of U.S. activities. In general, however, all the published
works have not focused their analyses from an economic point of
view. While economics was for some a "dismal science" following
Thomas Carlyle's characterization of Malthus' demographic model, it
has increasingly become the "queen of the social sciences" for more
practitioners. The book fills a gap in the literature by describing
the American contributors as precursors and genuinely exceptional
economists. We present their works within the state of the nation
in which they advance their discipline.One is treated to both
qualitative and quantitative theories in the opening chapter.
Budding theories that became established theories of Economics and
Finance are investigated in Chapters II and III. When President
John Adams was confronted with M. Turgot's criticisms of the
American government, he resorted to a historic survey of types of
government from ancient Greece to the Middle Ages. Similarly, we
have included a final chapter, Chapter IV, to present the argument
for American Exceptionalism in the domain of Political Economy and
Economic Law over the ages.
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