The Embargo Act of 1807 was a controversial American law that prohibited trade with foreign nations, leading to economic hardships and political backlash.
The Specie Circular (1836) Explained
The Specie Circular was an executive order issued by President Andrew Jackson in 1836, requiring payment for public lands to be made in gold or silver rather than paper currency.
The Tariff of Abominations (1828) Explained
The Tariff of Abominations (1828) was a highly controversial protective tariff passed by the United States Congress that led to sectional tensions and ultimately contributed to the Nullification Crisis.
The American System by Henry Clay Explained
The American System was a comprehensive economic plan proposed by Henry Clay to promote national unity and economic growth in the United States.
The Corn Laws (1815-1846) Explained
The Corn Laws were a series of protectionist measures in Britain that imposed high tariffs on imported grain, leading to increased food prices and widespread social unrest.
Naked Economics: Undressing the Dismal Science Summary
Naked Economics” by Charles Wheelan offers an engaging and accessible exploration of the fundamental principles and concepts of economics.
Bretton Woods Conference (1944) Explained
The Bretton Woods Conference in 1944 established the framework for international monetary cooperation after World War II.
The Fifth Risk: Undoing Democracy Summary
‘The Fifth Risk: Undoing Democracy’ by Michael Lewis explores the consequences of neglecting the vital functions of the US government and the potential threats it poses to democracy.
Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis — and Themselves Summary
‘Too Big to Fail’ by Andrew Ross Sorkin is a gripping account of the 2008 financial crisis and the efforts made by Wall Street and Washington to prevent a complete collapse of the financial system.
An Inquiry into the Nature and Causes of the Wealth of Nations Summary
‘An Inquiry into the Nature and Causes of the Wealth of Nations’ by Adam Smith explores the principles of economics and the factors that contribute to a nation’s prosperity.
Capital in the Twenty First Century Summary
Capital in the Twenty First Century” by Thomas Piketty explores the historical patterns of wealth and income inequality and offers insights into the consequences and potential solutions for a more equitable society.