History of American Business: A Baruch College Blog

Blog post 4

What I liked about this class and why I think learning about U.S history in a economical lenses is because It offers a different way of viewing history that gives context for the world today. Often times people study in a political or social manor and largely ignore economics, which makes sense since a-lot of history has to do with people groups and politics. But I think ignoring the economics of history or condensing it to only the most important parts does a disservice to our understanding of history. Often times I think that the economics of a historical era gets taken in in a very abstract and general way. In the beginning of the semester you asked us when capitalism first emerged or if the original colonies were capitalist and those are all terms we knew well but we couldn’t really answer the question well which I think reflects my previous sentence. I personally only had a superficial knowledge of U.S economic policy after WW2 but knew alot about the cultural changes that happened. So prior to the class I knew how the U.S changed but by learning about History in a economic perspective I got to understand the Why a little better.

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