Long-Term Factors in American Economic Growth

This book offers an in-depth analysis of economic changes in North America, focusing on key factors that influenced growth over two centuries.

In Long-Term Factors in American Economic Growth, readers are presented with a thorough exploration of the economic transformations that shaped the United States, Canada, and the British West Indies during the 19th and 20th centuries. This work delves into critical aspects such as national product, capital stock, and wealth, providing a comprehensive understanding of how these elements interacted to influence economic growth. The book serves as a crucial resource for those interested in the intricate dynamics of economic history.

The authors meticulously analyze various factors that contributed to economic change, including fertility rates, health statistics, and mortality trends. By examining these elements, Long-Term Factors in American Economic Growth sheds light on the broader implications of demographic shifts and public health on economic development. This analysis is vital for grasping how historical conditions have laid the groundwork for contemporary economic structures.

Samuel Bostaph, writing for the Southern Economic Journal, emphasizes the importance of this work, calling it a 'must have' for any serious economic historian. The book not only provides valuable insights into the past but also encourages readers to reflect on the long-term impacts of these factors on modern economies. Overall, it stands as an essential addition to the library of anyone interested in the evolution of economic systems in North America.