Capitalism in America: A History

Capitalism in America: A History (2018) is a book by Alan Greenspan, chair of the Federal Reserve from 1987 to 2006, and Economist journalist Adrian Wooldridge. They tell the story of American economic growth from the founding through creative destruction, immigration and waves of innovation from railroads to tech. They also examine productivity slowdowns, regulation and the political fights that accompany rising and falling mobility.

Recommended by 1 person

Fareed Zakaria: “My book of the week is Alan Greenspan and Adrian Wooldridge's "Capitalism in America: A History." This impressive book by the former Fed chairman and a brilliant journalist takes the reader through the history of the American economy, ending with some provocative thoughts about America's declining productivity, declining risk-taking, declining entrepreneurship, declining dynamism.”