the USA has continuously fancied itself a state apart—“exceptional” in its values, traditions, and lifestyle. for many of the country’s background, principles approximately what made the USA distinct usually have been framed when it comes to a liberal idealism rooted within the considered John Locke and articulated by means of Jefferson, Madison, and different Founders. whereas a few commentators additionally saw that the U.S. was once a land of lots, it wasn’t until eventually the mid-twentieth century that fabric abundance emerged because the critical normal of yank “greatness,” as measured via a bunch of latest monetary indicators.
Beginning in earnest within the wake of global struggle II, opinion-shapers in politics, company, academia, the media, the universities, and public international relations gloried within the nation’s booming economic climate. the place “plenty” had as soon as been a mostly summary inspiration, it was once now quantifiable, due to new nationwide source of revenue accounting and different monetary facts assortment and research suggestions. you can still tally up creation and intake of an ever-expanding cornucopia of products and prone that made up the gross nationwide product (GNP), the king of postwar data. American preeminence and American identification have been more and more associated with this measurable prosperity, awarded within the language of a newly influential economics occupation.
In Measuring the United States, Andrew L. Yarrow explores this heritage, telling parallel, interlocking stories—of how monetary rules got here to have significantly larger impact on American tradition after global warfare II, and the way these rules dovetailed with a growing to be trust that the that means and cost of the us resided in its fabric output. How and why this new approach of “measuring the USA” built, the way it was once expressed, and what it has intended and potential for american citizens at the present time are the topic of this well-researched and insightful book.