Outline of the U.S. Economy

The financial crash of 2008 brought a sudden, traumatic halt to a quarter-century of U.S.-led global economic growth. The final consequences of this shock for the U.S. and world economies remain uncertain at this writing. But in the midst of the crisis, Americans chose new national leadership in a peaceful transfer of power that demonstrated again the strength of the country’s democratic process and the people’s confidence in the ultimate resilience of the American economy.

The book tells about U.S. economy of the 21st century little resembles that of the 18th century, but acceptance of change and embrace of competition remain unchanged. The readers will find this new entry as frank, informative, and above all useful. It offers in the spirit of optimism embedded deeply in American life.