Capitalism in America: A History

Greenspan, Alan & . 13 CDs. Books on Tape. Oct. 2018. 16:15 hrs. ISBN 9780525635666. $50. digital download. ECON
OrangeReviewStarTwo experts on the American economy, Greenspan (former chair, Federal Reserve; The Map and the Territory: Risk, Human Nature, and the Future of Forecasting) and Wooldridge (The Great Disruption: How Business Is Coping with Turbulent Times) join forces to provide illumination on the state of capitalism in our country today and the forces that have shaped it since our nation's formation. The authors examine the current state of our capitalist system and extend the book with some insights into how the United States might revitalize its flagging dynamism. The book looks at the people who have shaped our economy as well, with a focus on how these players contributed to the driving force of creative destruction, which the authors argue is a key component of productivity growth and innovation. They also cover some of the transformative economic drivers such as slavery and global trade policies. Narrator Ray Porter's voice and style are well suited for a book that demands close attention throughout, with a well-considered pace and voicing that is pleasant and does not distract from the story. The excellent content and production values keep listeners engaged. Audiences would benefit from downloading and printing the bonus materials, as they assist with understanding some of the more complex narrative portions.
VERDICT Highly recommended for all public libraries. ["Although this collaborative project is fairly lengthy, the engaging writing style will appeal to many readers, especially those with a desire to understand better past events as well as readers seeking knowledge about how economists develop forecasts": LJ 10/1/18 starred review of the Penguin hc.]
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