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A History of the U.S. Economy in the 20th Century Lecture

A History of the U.S. Economy in the 20th Century

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Publisher's Summary

The history of the U.S. economy in the 20th century is far too interesting - and far too important to our future - to be dismissed with just a few stock explanations. These 10 fast-paced lectures introduce you to vital economic lessons learned in the last century to provide invaluable guidance for understanding the current economy. Each lecture focuses exclusively on one decade to provide you with a clear understanding of economic developments and outside influences on the U.S. economy.

In some cases, you'll examine well-defined events like the creation of the Federal Reserve or the war in Vietnam. In other lectures, you'll explore larger societal shifts, such as the evolving role of women in the economy and changing consumption patterns. This decade-by-decade approach takes you deep inside America's memorable economic milestones. Among these: the U.S. trade surplus during World War I; the rise of the automobile industry in the 1920s; the mismanagement of monetary policy that led to the Great Depression; the Employment Act of 1946, which gave the federal government the responsibility to maintain high employment and economic growth; the strangling inflation of the 1970s and early 1980s; and more.

Professor Taylor takes care to ensure that you can follow this course clearly regardless of your knowledge of economics. He uses historical examples and quotes from economists and other notables, and his use of economic reasoning often brings surprising insight.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.

©1996 The Teaching Company, LLC (P)1996 The Great Courses

What Members Say

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  •  
    Mr. Acapella Cornwall, UK 13/02/2016
    Mr. Acapella Cornwall, UK 13/02/2016 Member Since 2016

    17th Century Heretic

    HELPFUL VOTES
    41
    ratings
    REVIEWS
    110
    92
    FOLLOWERS
    FOLLOWING
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    Overall
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    Story
    "Too fast"

    Excellent series of lectures by the ever enthusiastic Prof. Taylor. And no prior knowledge of economics needed. But wouldn't it be nice if he slowed his delivery at least by half.

    0 of 0 people found this review helpful
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  • Phil O.
    San Diego, CA, United States
    15/07/13
    Overall
    Performance
    Story
    "Very effective, as far as it goes"

    I have read many books that weave in and out of this topic, but it is nice to hear a decade-by-decade walk-through. It is detail-rich (for a fast overview from 30,000 feet, as the saying goes), with good meaningful stats blended in, all delivered in a fast cadence by the professor. Note, Glass-Steagal was still in effect when this was produced, making it between 10 and 15 years old. Thus, the kinds of reflections and additional insights that might have appeared based on lessons we have learned since then is not there. But, that wasn't my goal here anyway.
    I am SO happy audible acquired this series! My wish list is stuffed with them.

    8 of 8 people found this review helpful
  • Mark Weber
    Long Beach, CA
    17/07/13
    Overall
    Performance
    Story
    "Easy, interesting listen."
    Any additional comments?

    This audio program is excellent context for viewing current US economy. Program is very interesting and easy to listen to. If you are ‘one of those people’ who think everything is going to hell in a hand basket today, this is a must listen, we have been there before.

    4 of 4 people found this review helpful
  • Jake
    Port Hueneme, California, United States
    17/02/15
    Overall
    Performance
    Story
    "Packed With Fascinating Information"

    This was a riveting look at America's recent economic history. Taylor is really good at providing interesting statistics to illuminate trends. He disabuses the listener of common economic fallacies and inculcates the economic way of thinking about a host of important issues. A major theme throughout the course is the dramatic increase in the size of government over the century. Taylor analyzes different policies and gives the consensus economist view on most of them. I highly recommend this course.

    3 of 3 people found this review helpful
  • Quaker
    United States
    05/04/16
    Overall
    Performance
    Story
    "Should be required listening for any citizen"

    This is one of the older series in The Great Courses library -- it was recorded at the close of the 20th century; but it is outstanding, and the best evidence of that is the fact that every minute of it remains relevant today.

    When I listen to the level of political discourse we have in the 21st-century, it almost makes me sympathetic to the belief by our founding fathers that only educated people should be allowed to vote. Better still, just have all of our elected officials listen to this course. It is a fascinating history of the United States in the 20th century as told through the eyes of an economist, and as economists go, Professor Tim Taylor is a joy to listen to. No matter what your political persuasion, prepare to have myths busted, your eyes opened, and your opinions changed. This series is a perfect example of what makes The GreatCourses so great.

    2 of 2 people found this review helpful
  • Richard Falkenrath
    Bronx, NY
    16/01/15
    Overall
    Performance
    Story
    "Good basic intro to recent us econ history"

    Pre-financial crisis, so it was a little odd.

    From 1900s to WWII was the better half. 1960s-1980s were too compressed

    Lecturer is very enthusiast and often breathless. Loves his material that's for sure.

    Each lecture flies by on a medium commute.

    1 of 1 people found this review helpful
  • Mitch
    Florida
    20/06/14
    Overall
    Performance
    Story
    "Great for understanding the development of US econ"
    Would you recommend this audiobook to a friend? If so, why?

    This book I think is great in not only putting the US economy context, but also for showing how economic choices and policies effect later ones.


    Was this a book you wanted to listen to all in one sitting?

    Having no formal training in economics I chose to take it in chunks. Luckily the author breaks it down into decades.


    1 of 1 people found this review helpful
  • Steve
    CHICAGO, IL, United States
    17/07/13
    Overall
    Performance
    Story
    "Outstanding!"
    Would you consider the audio edition of A History of the U.S. Economy in the 20th Century to be better than the print version?

    Better than any econ class I had in school both grad and undergrad


    What was the most compelling aspect of this narrative?

    All of it


    Any additional comments?

    No

    1 of 1 people found this review helpful
  • bluediamond
    bozeman, mt
    08/02/17
    Overall
    Performance
    Story
    "Professor Taylor captured my attention"

    Impartial account of history and economics opened my mind to history and politics in a new way.

    0 of 0 people found this review helpful
  • Michael
    Santa Rosa, CA, United States
    13/01/17
    Overall
    Performance
    Story
    "Good overview"

    Remember that this must have been recorded around 1997. I learned many things. The professor is fast-paced in his speech, so listening does require concentration.

    0 of 0 people found this review helpful
  • Shawn A. Bumgarner
    Nashville, TN
    30/12/16
    Overall
    Performance
    Story
    "Enjoyed it and makes me want to learn more"

    I enjoy the subject and I think the lectures were very well done. This is worth your time if you're interested in economics and how we got to where we are in this country.

    0 of 0 people found this review helpful

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