B005HFI0X2 EBOK (69 page)

Joule, James Prescott, 190

J. P. Morgan and Co., 286

J. P. Morgan and Company, 219, 220, 232, 239–240, 286, 438

JP Morgan Chase, 434, 447

J. S. Morgan & Co., 219

Kafka, Franz, 169

Kahn, Otto, 265

Kaiser, Henry J., 316, 318–319

Kaiser Aluminum and Chemical Corporation, 312

Kaiser Permanente, 318–319

Kaiser Steel, 317

Kalecki, Michal, 386

Kansas-Nebraska Act, 8, 128, 129–130

Kapur, Ajay, 443

Kaye, Danny, 325

Keefe, Mary, 322

Kemmler, William, 197

Kendall, Amos, 115

Kennan, George, 331

Kennedy, Edward, 391

Kennedy, John F., 346, 370, 375

Kennedy, Joseph, 285

Keynes, John Maynard, 12, 273, 278–279, 291–292, 302, 307, 448, 470

Keynesian economics, 378

Keystone Bridge and Pittsburgh Locomotive Works, 162

Kildall, Gary, 417

Kilgore, Harley, 402

King, Martin Luther Jr., 324, 357

King, William, 143

Kissinger, Henry, 376

Kleine, George, 251

Kleiner, Eugene, 418

Kleiner Perkins, 418

Knights of Labor, 171–172

Knox, Philander, 227

Knudsen, William, 298–299

Koenig, Friedrich, 164

Korea Oil Corporation (KOCO), 374

Kroc, Ray, 342

Kruesi, John, 193, 194

Krugman, Paul, 272

Ku Klux Klan, 183

Kuznets, Simon, 311

labor theory of value, 79

labor unions

class warfare and, 172–173

decline of, 441, 470

deregulation’s effect on, 364, 382

Fordism and, 260–261

Hay’s portrayal of, 180

immigration and, 170–172

NIRA and recognition of, 295

post–World War II benefits and, 353–354

Roosevelt and, 297–299

stakeholder capitalism and, 352–353

World War I, 244

World War II, 320–321

Laemmle, Karl, 252

Lafayette, marquis de, 2, 54

La Follette, Robert, 182

Lamont, Thomas, 264, 302

Lamoreaux, Naomi, 217

land-grant colleges, government support and, 149–150, 192, 203–204

Langley, Samuel Pierpont, 204

Laski, Harold J., 290

Latinos, 324, 357–358, 359, 478–479

Lavassor, Émile, 200

Lawrence, Ernest, 403

Lay, Ken, 384

Lazarus, Emma, 168–169

Lease, Mary Ellen, 179

Lebergott, Stanley, 260

Lee, Roswell, 97

Legal Tender Act (1862), 141

Lehman Brothers, 12, 446, 447

Lend-Lease Act, 309

L’Enfant, Pierre, 2

Lenoir, Jean-Étienne, 199

Letter Concerning Toleration
(Locke), 23

Levittown, 340

Lewis, John L., 297–298, 302, 321

Leyden jar, 190

Liberalism
(von Mises), 288–289

Liberty League, 301

Liberty Ships, 318

Libraries of the Future
(Licklider), 419–420

Licklider, J. C., 412–413, 419–420

Life
magazine, 399

lightbulbs, 194–195, 259

Lilienthal, David, 285, 338

Limits to Growth, The
(Club of Rome), 379

Lincoln, Abraham, 74, 82, 121, 128, 130, 482

American Colonization Society, 57

banking reform and, 141–142

Homestead Act and, 149

Illinois infrastructure and, 118

national banking system and, 9

political economy of, 139–144

railroads and, 152, 155

technological innovation and, 135–137

Lincoln, Mary Todd, 139, 140

Lindbergh, Charles, 311

Lindsay, Vachel, 181

Lippmann, Walter, 275

liquidationists, Great Depression and, 278–279, 291

List, Friedrich, 104, 224

Livingston, Robert, 61, 87–89, 92

Lloyd George, David, 224

Locke, John, 23

Loeb, John Jacob, 321–322

London, Jack, 182

Long Term Capital Management (LTCM), 429

Looking Backward
(Bellamy), 179

Louisiana, 124

Louvre Accord, 389

Lowell, Francis Cabot, 85–86

Lower Colorado River Authority (LCRA), 338

Lowery, Grosvenor, 194

Lucas, Robert, 446

Lucent, 437

Lusitania
, 239

MacDonald, Thomas Harris, 340

Macintosh, Charles, 201

MacLeod, Niall, 443

Macomb, William, 41

Madison, James

American Colonization Society, 57

Bank of the United States, 47, 114

Erie Canal, 53–54

Hamilton and, 42

protective tariffs, 45

War of Independence debts, 33

Malaysia, 429

Malcolmson, Alexander, 247

maldistribution of income

in early twentieth century, 262–266

in early twenty-first century, 440–444

Great Depression and, 273–275

policy proposals for Next American Economy, 469–471

Mallet, John W., 134

Malthus, Thomas, 78–79

managerial capitalism, 349–351

Manhattan Project, 396–397, 402–404

Manufacturers’ Aircraft Association, 205

manufacturing, policy proposals for Next American Economy, 463–465

Marconi, Guglielmo, 206–207

Marine Mammals of the North-Western Coast of North America, The
(Scammon), 77

Marquette National Bank v. First Omaha Service Company
, 385

Marshall, George, 332

Marshall, John, 88

Marshall, Laurence K., 415

Marshall Plan, 332, 369

Martineau, Harriet, 54

Martin Marietta, 320

Marx, Karl, 79, 105

Maryland Chronicle
, 56–57

Massachusetts

Boston Tea Party, 21–22

textile manufacturing, 127

War of Independence debts, 29–30, 35

whaling industry, 76–77

mass production, 248, 318

mass transit, 208–209, 342, 466

“Mathematical Theory of Communication, A” (Shanon), 408

Mattei, Enrico, 335

Mauchly, John W., 408, 413

Maxwell, James Clerk, 190

Maybach, Wilhelm, 199

Mayer, Louis B., 252

Maysville Road, 110–111

McAdoo, William Gibbs, 240, 243

McCormick, Cyrus, 87, 97

McCormick Harvesting Company, 171–172

McCormick’s reaper, 87, 97, 121

McCraw, Thomas K., 221

McDonald, Dick and Maurice, 342

McDonald’s, 342, 437

McFadden Act, 355

McGovern, George, 391

McHenry, William, 2

McKenney, William, 73

McKinley, William, 146, 149, 172, 180–183, 263

McKinley Tariff, 146

McLean, Malcolm Purcell, 424

McNary-Watres Act (1930), 206

McReynolds, Jack, 297

Means, Gardiner C., 213–214, 350

meat packaging, 160

Meat vs. Rice: American Manhood Against Asiatic Coolieism. Which Shall Survive?
(Gompers), 171

Medicaid, 377, 475, 476, 477

Medicare, 441, 475, 476–477

Mellen, Charles S., 221

Mellon, Andrew, 231, 278–279

Melville, Hermann, 76

memex, of V. Bush, 399–400, 419

mercantilism

Cold War and, 331–332, 368–376, 456–457

England’s, and effect on colonies, 22–26, 33, 37

Hamilton’s developmental economics, 12–13

Jefferson’s producerism and, 15–17

mergers, in Second Industrial Revolution, 213–233

Merrill Lynch, 434, 446, 447

Mexican Revolution, 238

Mexico, 377

Meyer, Eugene, 277

Michoud, Antoine, 319

Microsoft, 417, 427

Microwave Communications Inc. (MCI), 382

Middle class, rebuilding strategies for Next American Economy, 471–475

Middle East oil, 335–336

Middle West Utility Corporation, 250

Midwest

alliance with South, 126–127

modernization of, before Civil War, 120–122

migration, within United States, 124, 176, 260

military

defense spending and, 391

manufacturing capacity and national security, 463–464

Milken, Michael, 436, 450

Mill, J. S., 78

Miller, J. Howard, 321

Miller, Lebbeus B., 97

Millis, Harry, 260

Milward, Alan, 327–328

minié ball, 136

Minié, Claude-Étienne, 136

minimum wage, 343, 361, 364

declining value of, 441, 470

Mississippi, 124

Missouri Compromise, 129–130

Mitchell, Andrew, 39

Mitchell, Samuel Latham, 69

MITRE Corporation, 412

Mittasch, Alwin, 202

Moby-Dick
(Melville), 76

Model T Ford, 246–249

Modern Corporation and Private Property, The
(Berle and Means), 213–214, 350

Modern Times
(film), 261

Mokyr, Joel, 191

Moley, Raymond, 288

Molly Maguires, 165

money market accounts, 385–386

money trust, 231–232

Monroe, James, 54, 73

Monroe, Rose Will, 322

Montgomery, Royal, 260

Montgomery Ward, 253

Moody, John, 217

Moore, Gordon, 414

Morgan, Amelia “Memie” Sturges, 219–220

Morgan, Frances Tracy, 220

Morgan, Jack Jr., 220

Morgan, John Pierpont, 9, 161, 193, 216–217, 225–227, 232, 250, 286

Edison Electric and, 195–196, 197, 249

“Morganization” and, 219–221

Pujo Committee, 231

US financial crises and, 221–222

Morgan, Joseph, 219

Morgan, J. P. “Jack,” 264

Morgan, Junius, 219

“Morganization,” 218–221

Morgan Stanley, 286

Morgenthau, Henry, 301, 331–332

Morrill, Justin, 146

Morrill land-grant colleges, 149, 192, 203

Morrill Tariff, 145

Morris, Gouverneur, 27, 53, 71

Morris, Robert, 26–29, 31, 35, 37, 63

Morse, Samuel F. B., 93–94, 159

mortgage interest tax deduction, 442

Mossadegh, Mohammad, 335

motion-picture industry, 251–252

Motion Picture Patents Company (MPPC), 251–252

motor power.
See
Second Industrial Revolution

Moulton, Stephen, 201

Moyers, Bill, 359

MS-DOS, 417

multinational corporations, 427–428

Mun, Thomas, 22

Murphy, R. Taggart, 389

Murphy, Thomas, 352

Murphy, William H., 247

Murray, Philip, 302

Mussolini, Benito, 288–289

Napoleon Bonaparte, 107

NASA, 319–320, 406

Nathan, Robert, 311

National Advisory Committee on Aeronautics (NACA), 205, 406

National Aeronautics and Space Administration (NASA), 205, 206

National Association of Manufacturers, 245, 261

National Banking Act (1863), 116

National Biscuit (Nabisco), 217, 220

National Cash Register (NCR), 410

National City Bank, 219, 231, 232

National Civic Federation, 227

National Credit Corporation, 276–277

National Currency Acts (1863 and 1864), 142

National Defense Mediation Board (NDMB), 320

National Defense Resource Committee (NDRC), 401, 403, 408

National Grain Corporation, 276

National Industrial Recovery Act (NIRA), 10, 287–296

“virtual,” after World War II, 345–347, 361

National Institutes of Health, 192

National Labor Relations Act (1935), 353

National Labor Union, 171

National Recovery Administration (NRA), 16, 279, 361

National Road, 46, 110–111

National Science Foundation (NSF), 192, 402, 420

national security, manufacturing base and, 463–464

National Telegraph and Telephone Company (NTT), in Japan, 373

National War Labor Board, 244

National Youth Administration (NYA), 304

natural gas, 201

Navigation Acts, England, 24

Navigation Acts, United States, 52

NBC, 207, 348

Nelson, Donald, 310

Nelson, Theodore H., 419

neoclassical economics.
See
producerism, of Jefferson

neoliberalism, 11–12, 362, 375, 376, 380, 391, 441

Neutrality Acts, 308

“New Colossus, The” (Lazarus), 168–169

Newcomen, Thomas, 84

New Competition, The
(Eddy), 258

New Deal, 10, 11

attempt to balance budget and recession of 1937–1938, 300–303

deficit spending, relief programs, and recession of 1928–1933, 285–300

leadership of, 283–285

successes and failures of, 303–306

New Deal, dismantling of, 363–391

Cold War and trade concessions to allies, 368–376

deregulation and its effects, 380–391

growth of conservative, supply-side movement, 376–380

inflation in 1970s, 367–368

managing for finance, not production, 365–367

New Freedom, 10, 225, 228–231, 233

“new individualism,” 277

New Jersey

corporate law in, 216–217

Edison’s Menlo Park laboratory, 193–194

protectionism and, 145

New Nationalism, 9–10, 225–228, 230, 233

New Orleans
, 88

New York

Erie Railway Company, 158

Hudson River valley landowners and tenants, 60–62

New York Central Railroad, 220

New York Daily Tribune
, 67

New York Gazette
, 34

New York Herald
, 168

New York Journal
, 164

New York Press
, 164

New York Stock Exchange (NYSE), 42, 435, 438

New York Temporary Emergency Relief Administration (TERA), 287

New York Times
, 142, 195, 407

New York World
, 158, 164

New Zealand, 146, 290

NeXt, 417

Next American Economy, 451–482

case for skilled immigration, 478–481

financial policy proposed, 467–469