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An Empire of Wealth: The Epic History of America's Economic Power

Recorded on October 6, 2004

Location: The Heritage Foundation's Van Andel Center

Throughout time, from ancient Rome to modern Britain, the great empires built and maintained their dominion through force of arms and political power over alien peoples. In this illuminating work of history, John Steele Gordon tells the extraordinary story of how the United States, a global power without precedent, became the first country to dominate the world through the creation of wealth. The American economy is by far the world's largest, but it is also the most dynamic and innovative. The nation used its English political inheritance, as well as its diverse, ambitious population and seemingly bottomless imagination, to create an unrivaled economy capable of developing more wealth for more and more people as it grows.

 

Far from a guaranteed success, America's resilient economy continually suffered through adversity and catastrophes. Yet,
the economy became vital enough to Americanize the world in
recent decades. Virtually every major development in
technology  in the 20th Century originated in the United States,
and as the products of those technologies traveled around the
globe, the result was a subtle, peaceful, and pervasive spread of American culture and perspective.