Archive for May 2nd, 2012

Virdeo Overview: The Dawes Act



Review subjects for economic history

Adam Smith and Capitalism
Hamiltonian financial plan
Controversies of the Banks of the US
——-First BUS 1791-1911
——-Second BUS (and pet banks)1816-1836
Independent treasury system
Panics: 1797, 1819, 1834, 1837, 1857, 1893, 1907
Depressions: 1807, 1873-79 (the Long Depression), 1893, 1929
Recessions: 1937, 1945, 1949, 1960, 1969, 1973, 1980, 1990
Currency issues: gold standard, silver standard, bimetallism
Gospel of Wealth/Social (really economic) Darwinism
Federal Reserve System
Debtors vs. creditors
Government revenue: Tariffs, excise taxes, sales taxes, income taxes
Laissez-Faire vs. Keynesian theory
Mass production and mass consumption
Deficit and surplus
Effect and regulation of interest rates
Economic reforms of New Deal
Supply-side (trickle-down) economic theory
Protectionism vs. Free trade
Regulation/deregulation battles of 1970s-1980s
Development of the global marketplace/ global workforce
Trade deficits
Deficit crisis
Impending crisis of social security