America's Explosion Post Civil War
A new book tells the story on the "triumph of capitalism" in the U.S. in the remarkable 35 years after the Civil War when American economy exploded in size.
A new book tells the story on the "triumph of capitalism" in the U.S. in the remarkable 35 years after the Civil War when the American economy exploded in size, becoming by far the largest, most productive and most technically advanced in the world. In 1860 the United States had imported almost all its steel — the product that was increasingly the measure of economic power at that time — from Britain. By 1900 it was producing more steel than Britain and Germany combined and exporting it profitably to both those countries. H. W. Brands tells this story of extraordinary economic transformation in "American Colossus."
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Despite incredible economic growth, it is not necessarily an investor's paradise.
- China's stock market is just 27 years old. It's economy has grown 30x over that time.
- Imagine if you had invested early and gotten in on the ground floor.
- Actually, you would have lost money. Here's how that's possible.
Moans, groans, and gripes release stress hormones in the brain.
Could you give up complaining for a whole month? That's the crux of this interesting piece by Jessica Hullinger over at Fast Company. Hullinger explores the reasons why humans are so predisposed to griping and why, despite these predispositions, we should all try to complain less. As for no complaining for a month, that was the goal for people enrolled in the Complaint Restraint project.
Participants sought to go the entirety of February without so much as a moan, groan, or bellyache.
- Facebook and Google began as companies with supposedly noble purposes.
- Creating a more connected world and indexing the world's information: what could be better than that?
- But pressure to return value to shareholders came at the expense of their own users.
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