DeLong (economics, Univ. of California, Berkeley;
Macroeconomics) believes the 140 years from 1870 to 2010 were the most progressive in human history. Delong asserts changes began in 1870 when industrial research laboratories, advanced technology, and the modern corporation were created, becoming the foundations for organizations and research to progress to full globalization. This book shows that the history of the 20th century is made up of several things: technologically fueled growth and globalization, which progressive Americans had the confidence would also help governments with their political and economic problems.
VERDICT This volume, partly an economic history but mostly a thorough record of the global economy’s connection with politics, is destined to become a classic in its category. Social sciences and history collections would benefit the most from this book.
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