B005HFI0X2 EBOK (72 page)

World War II

end of, 397

financing of, 325–328

industrial and economic growth during, 307–320

privatization of property after,348

social changes and, 320–325

Wozniak, Steve, 417

W. R. Grace, 366

Wright, Orville and Wilbur, 3, 204

Wright Aeronautical Corporation,3–4

Wu Ping-chien (Houqua), 63, 64–65

Wyoming Coal and Mining Company, 156

XIT Ranch, 177

yellow journalism, 164

Youmans, Edward Livingston, 223

Young, Owen D., 264, 265, 302

Zandi, Mark, 448

Zapata Off-Shore, 418

Zimmerman, Arthur, 239

Zimmerman telegram, 239

Zukor, Adolf, 252

Zworykin, Vladimir, 208

I
would like to express my gratitude to my editors, Adam Bellow and Kathryn Whitenight, at HarperCollins; to my agent, Kristine Dahl, of International Creative Management; and to Steve Coll, president of the New America Foundation. I would like to thank Sherle R. Schwenninger, director of the Economic Growth Program at the New America Foundation, for sharing his insights into the American and global economies; my colleagues Samuel Sherraden, Lauren Damme, Jordan D’Amato, Shayne Henry, Daniel Mandel, and Samuel Ball-Brau for their help; and Ben Katcher for his indispensable assistance. And I am grateful to Bernard L. Schwartz and Leo Hindery Jr. for their generous support for our team.

MICHAEL LIND
is cofounder of the New America Foundation and policy director of its Economic Growth Program. Mr. Lind’s first three books of political journalism and history—
The Next American Nation: The New Nationalism and the Fourth American Revolution, Up from Conservatism: Why the Right Is Wrong for America, and Vietnam: The Necessary War
—were all selected as
New York Times
Notable Books. With Ted Halstead, he is coauthor of
The Radical enter: The Future of American Politics
. Mr. Lind has taught at Harvard University and Johns Hopkins, and he writes frequently for the
Financial Times, the New York Times, Democracy
, and other publications. He has appeared on C-SPAN, National Public Radio, CNN, the Business News Network, PBS’s
News Hour
, and other programs. He has a weekly column in
Salon
.

Visit
www.AuthorTracker.com
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N
ONFICTION

The Next American Nation

Up from Conservatism

Hamilton’s Republic

Vietnam

Made in Texas

What Lincoln Believed

The American Way of Strategy

F
ICTION AND
P
OETRY

The Alamo

Powertown

When You Are Someone Else

Bluebonnet Girl

Parallel Lives: Poems

COVER PAINTING: ACHELOUS AND HERCULES. 1947 (deta i l) BY THOMAS HART BENTON.
TEMPERA AND OIL ON CANVAS MOUNTED ON PLYWOOD; 25 7/8 x 264 1/8 in. (159.6 x 671.0cm.) PHOTO COURTESY
OF SMITHSONIAN AMERICANART MUSEUM, WASHINGTON, DC/ART RESOURCE, NY. ART © BENTON TESTAMENTARY
TRUSTS/UMB BANKTRUSTEE/LICENSED BY VAGA, NEW YORK, NY.

COVER DESIGN BY JARROD TAYLOR

LAND OF PROMISE.
Copyright © 2012 by Michael Lind. All rights reserved under International and Pan-American Copyright Conventions. By payment of the required fees, you have been granted the nonexclusive, nontransferable right to access and read the text of this e-book on-screen. No part of this text may be reproduced, transmitted, downloaded, decompiled, reverse-engineered, or stored in or introduced into any information storage and retrieval system, in any form or by any means, whether electronic or mechanical, now known or hereinafter invented, without the express written permission of HarperCollins e-books.

Grateful acknowledgment is made for permission to print the following: “The Grand Coulee Dam,” words and music by Woody Guthrie; WGP/TRO-© Copyright 1958, 1963, 1976 (copyrights renewed) Woody Guthrie Publications, Inc. & Ludlow Music, Inc., New York, NY, administered by Ludlow Music, Inc. Used by permission.

“I Paid My Income Tax Today,” by Irving Berlin. © Copyright 1942 by Henry Morgenthau, Jr., secretary of the treasury. © Copyright renewed and assigned to Irving Berlin. International copyright secured. All rights reserved. Reprinted by permission.

FIRST EDITION

Library of Congress Cataloging-in-Publication Data

Lind, Michael, 1962–

Land of promise : an economic history of the United States / by Michael Lind.

p. cm.

ISBN 978-0-06-183480-6 (hardback) 1. United States—Economic conditions. I. Title.

HC103.L438 2012

330.973—dc23

2011047794

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EPub Edition © APRIL 2012 ISBN: 9780062097729

VERSION 12072012