Monday, March 29, 2021

Americana by Bhu Srinivasan

 American history treated from an economic point of view is informative and fascinating. The Pilgrims went from England to Holland for religious freedom but cam to America because of the hard conditions in Holland. They needed funds for the expedition and got them from England who needed settlers. His chapters on cotton, steam, canals, railroads, telegraph, gold, and slavery finish the first part. Each chapter highlights the economic importance signified by its title. Slaves were worth $4 billion dollars and the most valuable part of the US economy were not going to be freed without a fight. Politics is interesting but this well-written book shows that it's economics that makes the difference.

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