American Capitalism: A History
School: Cornell University
Start Date: Self-Paced (8 Weeks)
Workload: 4 Hours Per Week
Instructors: Edward E. Baptist and Edward Hyman
Credentials: Dr. Baptist teaches history at Cornell University. His teaching and research focus on 19th century American history, specifically southern slavery and the emergence of modern capitalism. He earned his Ph.D. in history from the University of Pennsylvania.
Dr. Hyman teaches in Cornell’s Department Relations, Law, and History. A scholar in the history of capitalism, Hyman has authored two books: The History of America in Red Ink and Borrow: The American Way of Debt. A Harvard Ph.D., Hyman earned the Krooss Prize for authoring the best dissertation in business history nationally. Before entering academia, Hyman was a consultant at McKinsey & Company.
Graded: Students who earn a passing grade will receive an Honor Code Certificate.
Description: How did the United States evolve from a ragtag collection of colonies to an economic superpower? Some might explain the phenomena through broad economic theories. In reality, American capitalism was shaped by defining events, favorable global trends, technological innovations, unique cultural values, millions of success individual stories…and dumb luck. During this course, students will examine American capitalism from the early settlements to the global economic meltdown, to learn how political decisions, entrepreneurial risk-taking, and private and public institutions combined to foster economic freedom and growth.
Review: “This was an excellent course. It is a history not just of American capitalism but a history of America. It provided far more depth and breadth than expected. The profs did an amazing job of covering this vast topic so succinctly in the time provided by the course. The course was well organized and well delivered. Staff quickly responded early in the course to concerns about quiz formats and “peer” reviewed grading. Their modifications on the fly were much appreciated. The profs themselves were fun and easy to listen to and discussed history with an enthusiasm that was inspiring. Thank you for this great course. I strongly recommend it.” To read additional reviews, click here.