The Emergence of Capitalism in Early America

"The Emergence of Capitalism in Early America" explores the development of American economic thought from 1790 to 1860, challenging the notion that early American economists solely embraced free trade and limited government. Timothy Calvo details how American thinkers adapted European ideas to fit their unique social and political contexts, highlighting debates between different regional and ideological perspectives. The book also examines the rise of protectionism and early attitudes toward finance, offering a nuanced view of capitalism’s formative years in America.