GRINNELL COLLEGE

Department of Economics

Economics 229.01 (History 229.01)

American Economic History

 

 

Fall 2008                                                                                             Professor Paul G. Munyon

MW 2:15 –4:05                                                                                              Carnegie  207

ARH 315                                                                                             x3142

 

Professor’s Home Page:

http://www.grinnell.edu/individuals/munyon/index.html

Course Home Page:

http://www.grinnell.edu/individuals/munyon/ecn22908.html

MAILSERV

ecn229@lyris.grinnell.edu

 

Organization

 

This class will meet for approximately three hours each week.  Most of the class time will be devoted to lecture, discussion, and student reports.  Economics 229 functions as a working seminar in American economic history.  Each student should be prepared to be an active participant in each class session.

 

Papers

 

Each student will write three (3) short research papers (5+ typed pages) and one "literature" paper (10+ typed pages) for this course.  The research papers will be on topics selected from the List of Selected Topics for the course.  The thesis for each paper should be relevant to the topic for the class presentation made at the appropriate point during the semester.  Each paper will be due no later than week after the class presentation associated with that paper.

 

The primary task literature paper requires both an analysis of the "economic history" content of selected pieces of American fiction and the student’s reanalysis of the ways in which the selected works of fiction contributed to the student’s knowledge of economics history.  Each student will have a great deal of freedom to select the works of fiction he/she wishes to analyze.  An annotated bibliography of "appropriate" works of American fiction follows the syllabus.  You should use the bibliography as a guide for your selection of literature to read for this assignment and for supplemental reading for your research papers.  This paper is due by 5:00 p.m. on Thursday, December 18, 2008.

 

Please submit all drafts and all finished papers as Word documents via email.

 

Presentations

 

Each student will make three formal presentations to the class.  Each presentation will be approximately 10 to 15 minutes long and will involve the student both in presenting additional information to the class on the topic and in directing class discussion of the topic under consideration.  The research topic selected determines the timing of each presentation.  The syllabus lists the research topics available and the date for each presentation.

 

Grading

 

Each research paper will account for approximately 10 percent of your final grade.  Each class presentation will account for approximately 10 percent of your final grade.  The "literature" paper will account for 25 percent of your course grade.  Your participation in class discussion will account for at least 15 percent of your grade.  [NOTE:  Your active participation in class discussion is essential for the success of your learning experience and for that of the other members of this course.  Your failure to participate satisfactorily in the meetings of this course could result in a significant reduction in your final grade for this course.  EACH STUDENT SHOULD PLAN TO ATTEND EVERY CLASS AND TO BE PREPARED TO PARTICIPATE IN CLASS DISCUSSION AT EACH SESSION.]

 

Readings

 

Recommendations for additional supporting readings may be provided throughout the semester. 

 

 

Economics 229.01

American Economic History

Research Paper and Class Presentation Selection List

 

Topic                                                   Date                            Presenter       

Whitney and the Cotton Gin                September 10               PGM                           

Erie Canal                                            September 15               Michael                       

Lowell and Textile Mills                      September 17               James                          

Steamboats on Western Rivers             September 22               Alec

The Bank War                                     September 24               Mark

                                                            September 29               PGM

McCormick and Mechanization                       October 1                     Will                                         

Slavery                                                            October 6                     PGM

The South Secedes                               October 8                     Tyler

Civil War                                             October 13                   PGM

Reconstruction                                     October 15                   Mark   

                                                            Fall Break

The Transcontinental Railroad                         October 27       All Read Stephen Ambrose                 

The Transcontinental Railroad             October 29       All Read Stephen Ambrose                             

Sharecropping                                      November 3                 Michael

                                                            November 5                 PGM               

Cattle Town versus Farmers                 November 10               Will

Agrarian Discontent                             November 12               James  

Green Backs and Free Silver                                                    Tyler

Wanamaker and Store-bought Clothes November 17               PGM               

Inventions that Drove Growth                                                 Michael

Rockefeller and Oil                             November 19               James

Carnegie and Steel                                                                   Alec

The "Cross of Gold"                            November 24               Michael

Thanksgiving Break                           November 26

The FRS                                               December 1                 PGM                           

WWI                                                                                        Mark

The Roaring 20s                                  December 3                 PGM

The Great Crash                                                                       Will

The Great Depression                          December 8                 PGM

The New Deal                                                                          Alec

WWII                                                   December 10               PGM

 

Annotated Bibliography

 

Edward Eggleston, Roxy (1878):  Small Indiana town; religious commitment; class struggle.  ST, FP, CS, LC (MW)

 

Henry James, The American (1877):  Rich Americans abroad; interaction of European aristocracy and American rich.  UC (Europe)

 

Henry Adams, Democracy (1880):  Washington politics; Department of Treasury.  PL (E)

 

E.W. Howe, The Story of a Country Town (1883):  Midwest farm village; emptiness of village life; farm economics.  AE, ST, FP (MW)

 

John Hay, The Bread-Winners (1884):  Urban (Cleveland) relations between working class and upper class; union organizing; labor unrest.  CS, LS (MW)

 

H.F. Keenan, The Money-Makers (1885) [reply to The Bread-Winners]:  Urban union organizing; labor unrest; development of wealth; political and commercial corruption.  LS, DW, C (E, MW)

 

William Dean Howells, A Modern Instance (1882):  business corruption, middle class life in urban and rural settings.  SEC, MC (NE, W)

 

William Dean Howells, The Rise of Silas Lapham (1885):  middle class business; work ethic; interactions of old wealth and new wealth; interaction of classes; urban/rural contrasts.  MC, BS, CS, UL, RU (NE)

 

William Dean Howells, A Hazard of New Fortunes (1890):  economics and ethics of publishing; labor strikes; socialism/capitalism debate; urban life.  UL, BS, LS, S/C (NE)

 

William Dean Howells, Quality of Mercy (1892):  economically induced crime; urban life; rural to urban.  SEC, UL RU (NE)

 

Mary Wilkins Freeman, A Humble Romance (1887), A New England Nun (1891):  decaying rural social order in New England.  RL, FP (NE)

 

Henry Blake Fuller, The Cliff-Dwellers (1893), With the Procession (1895), On the Stairs (1918):  vicissitudes of urban financial and social life.  UHF, UC CS (MW)

 

Stephen Crane, Maggie, A Girl of the Streets (1893):  New York urban lower class jobs and economic pressures.  UP, WC, UL (E)

 

Stephen Crane, "The Blue Hotel," "The Bride Comes to Yellow Sky" (1890s):  Western small town from Eastern perspective.  RU (W)

 

Hamlin Garland, Main-Traveled Roads (1891), Boy Life on the Prairie (1899):  Midwestern rural life; some urban back to rural.  RU, RL, AE (MW)

 

Mark Twain, Adventures of Huckleberry Finn (1884):  Midwestern and Southern slave economics; lower class life; middle class customs and mores.  SE, LC, UC, MC, FP (MW, S)

 

Mark Twain, The Man That Corrupted Hadleyburg (1900):  effects of money on small Midwestern town's traditional values.  SEC, MC (MW)

 

Kate Chopin, Bayou Folk (1894):  Southern rural life; interactions of races and classes.  RL, CS (S)

 

Kate Chopin, The Awakening (1899):  upper middle class Southern life; woman's role in patriarchal society.  UC, FP (S)

 

Sarah Orne Jewett, The Country of the Pointed Firs (1896):  Decaying social and economic order of rural Maine; family patterns.  FP, RL, ST (NE)

 

Booker T. Washington, Up From Slavery (1901):  slave economics; role of freed slaves in American economy.  SE (S,E)

 

W.E.B. DuBois, The Souls of Black Folk (1903):  Southern sharecroppers and rural farmers; slave economics; role of blacks in American economic life.  SE, RL, FP (S, NE)

 

Frank Norris, McTeague (1899):  Greed and money-obsession in urban West.  SEC, WC (W)

 

Frank Norris, The Octopus (1901), The Pit (1903):  California farm life; railroads; agricultural finance, Chicago Board of Trade.  RU, RL, AE, RR (W, MW)

 

Theodore Dreiser, Sister Carrie (1900):  Rural to urban; various urban classes and their interaction; rail strikes; family patterns.  RU, CS, LS, FP, UP, MC, WC (MW, E)

 

Theodore Dreiser, Jennie Gerhardt (1911):  love, politics, and manufacturing in urban Midwest.  WC, BS, PL (MW)

 

Theodore Dreiser, The Financier, The Titan, The Stoic (1912, 14, 47):  Urban big business, development of wealth; urban politics, banking, finance.  UL, UHF, PL (E, MW)

 

Theodore Dreiser, An American Tragedy (1925):  Winning wealth in urban world; factory life; working class.  DW, UL, WC (MW, E)

 

Gertrude Stein, Three Lives (1909):  Immigrant and black working class, urban.  IM, WC, UL (E, S)

 

Willa Cather, O Pioneers! (1913), My Antonia (1918), A Lost Lady (1923):  Farm life on the prairies; rural/urban tensions; farm economics; immigrants.  RU, RL, IM, AE (MW, W)

 

Sherwood Anderson, Winesburg Ohio (1919), The Triumph of the Egg (1921):  Small town Midwestern life; family patterns; rural/urban tensions; decaying social and economic patterns.  RU, ST (MW)

 

Sherwood Anderson, Poor White (1920):  emerging industrialization of a small Midwestern town; decaying social and economic patterns; labor unrest; evolving class distinctions.  RU, ST, DW, CS, BS, LS (MW)

 

Sherwood Anderson, Many Marriages (1923):  deadening business routine.  BS, ST (MW)

 

Sherwood Anderson, Dark Laughter (1925):  port-World War I industrial sterility; middle class life; small-town factory life; urban to rural.  UR, MC, ST (MW)

 

Edgar Lee Masters, Spoon River Anthology (1915):  Small town Midwest; family patterns; jobs.  ST, FP (MW)

 

Upton Sinclair, The Jungle (1906):  Chicago meat-packing industry, politics, socialism.  S/C, LS, PL, SEC (MW)

 

Upton Sinclair, The Metropolis (1908): effects on urban society of emerging great fortunes.  UL, DW, UHF (E)

 

Upton Sinclair, King Coal (1917):  Colorado coal-mining industry; politics; immigrant working class life.  IM, S/C, SEC (W)

 

Upton Sinclair, Oil! (1927):  oil monopolies; business and political corruption; socialism.  S/C, SEC, PL (E)

 

Sinclair Lewis, The Job (1917):  New York life and business UL, BS (E)

 

Sinclair Lewis, Main Street (1920):  life in small Midwestern town, lack of culture.  ST, BS (MW)

 

Sinclair Lewis, Babbitt (1922):  Midwestern business and politics.  ST, BS, SEC, PL (MW)

 

Eugene O'Neill, The Hairy Ape (1922):  working class/upper class interactions; labor organizations.  LS, S/C, CS (E)

 

F. Scott Fitzgerald, The Great Gatsby (1925), Tales of the Jazz Age (1922):  urban wealth; new wealth/old wealth tensions; development of wealth.  DW, UL, UC (MW, E)

 

Ernest Hemingway, In Our Time (1925): Americans in Europe; growing up in Michigan.  FP, RL, RU (MW, Europe)

 

Ellen Glasgow, Barren Ground (1925):  rural Virginia life; rural to urban to rural; agricultural economics.  RL, AE, RU (S)

 

John Dos Passos, Manhattan Transfer (1925), U.S.A. (1938) [The 42nd Parallel, 1919, The Big Money]:  Socialism, labor unrest, growing commercialism; big business.  S/C, LS, UHF, FP, CS (E, NE, MW, W, S)

 

O.E. Rolvaag, Giants in the Earth (1927), Peder Victorious (1929), Their Father's God (1931):  immigrant pioneers; rural prairie farm life; agricultural struggles.  IM, AE, FP (MW)

 

Erskine Caldwell, Tobacco Road (1932):  Georgia sharecroppers; extremely poor farms, degraded agricultural life.  AE, RL, LC, DEP (S)

 

Erskine Caldwell, God's Little Acre (1933):  Georgia farming; search for wealth; religion and its relation to money.  AE, DW, RL, DEP (S)

 

James T. Farrell, Young Lonigan (1932), Young Manhood of Studs Lonigan (1934), Judgment Day (1935), A World I Never Made (1936):  Urban lower-class life.  UL, UP, CS (MW)

 

Henry Roth, Call It Sleep (1934): urban poverty; working class immigrant life.  IM, UP, WC (E)

 

John O'Hara, Appointment in Samarra (1934):  Urban upper-class life.  UC, UL (E)

 

Ellen Glasgow, Vein of Iron (1935):  poor Southern rural life; Depression.  RL, AE, DEP (S)

 

Zora Neale Hurston, Their Eyes Were Watching God (1937):  rural Southern black experience; economics of starting a town.  SE, BE, FP, CS, RL (S)

 

John Steinbeck, In Dubious Battle (1936):  Labor unrest in fruit-picking industry, Communism.  LS, RL, C/S (W)

 

John Steinbeck, Of Mice and Men (1937):  Itinerant farm labor. LS, RL (W)

 

John Steinbeck, The Grapes of Wrath (1939):  Itinerant farm labor; labor unrest in fruit-picking industry; Depression.  LS, RL, DEP (SW, W)

 

William Faulkner, The Unvanquished (1938):  Southern life in Civil War times; interchange between classes; slave economy.  SE, CS (S)

 

William Faulkner, The Hamlet (1940):  Southern rural life; development of economic power in a small community; labor unrest.  RL, DW, LS (S)

 

Richard Wright, Native Son (1940):  Chicago slum life; Communism.  UL, UP, S/C (MW)

 

Richard Wright, Black Boy (1945):  Southern black life; rural to urban, south to north.  SE, RU, RL, FP (S)

 

Eugene O'Neill, The Iceman Cometh (1946):  urban working class, anarchism, decaying social system.  LS, S/C, WC (E)

 

Tennessee Williams, A Streetcar Named Desire (1947):  New Orleans working class neighborhood; fading Southern wealth; interplay of faded aristocracy and working class.  UL, WC, CS (S)

 

Tennessee Williams, Cat on a Hot Tin Roof (1955): Southern wealth, plantation economics.  UC, AE (S)

 

Arthur Miller, Death of a Salesman (1949):  middle class urban conflicts of business ethics and personal values.  BS, MC, FP (E)

 

Arthur Miller, A View from the Bridge (1955):  Longshoremen; illegal immigrants.  UL, LS, WC (E)

 

Ralph Ellison, Invisible Man (1952):  Southern black rural experience; northern factory life; rural to urban; communism.  RU, WC, LS, C/S (S,E)

 

Saul Bellow, The Adventures of Augie March (1953):  Chicago Jewish community; search for wealth; labor unrest.  UL, IM, DW, LS (MW)

 

Saul Bellow, Seize the Day (1956):  Jewish urban community; search for money.  UL (MW)

 

Richard Wright,  The Outsider (1953):  Chicago black experience ; Communism.  SE, S/C, UP (MW)

 

Richard Wright, Eight Men (1961):  urban and rural black experience.  RU, SE (S, MW)

 

Bernard Malamud, The Assistant (1957):  New York Jewish immigrant community; failing small business.  UL, WC, UP, IM (E)

 

Bernard Malamud, The Magic Barrel (1958):  Stories of New York Jewish immigrant community.  IM, UP, UL (E)

 

John Steinbeck, The Winter of Our Discontent (1961):  Collapse of New England aristocracy.  UL, SEC (NE)

 

Maya Angelou, I Know Why the Caged Bird Sings (1969):  rural black life; small-town store.  RL, FP (S)

 

Annotation Code for Bibliography

 

 

ABBREVIATIONS:

 

RL:  Depictions of rural life

UL:  Depictions of urban life

ST:  Depictions of small town life

RU:  Works dealing with the movement between rural and urban locations

WC:  Depictions of working class life

LC:  Depictions of lower class life, extreme poverty

MC:  Depictions of middle class life

UC:  Depictions of upper class life

IM:  Depictions of lives of immigrants

UP:  Depictions of urban poverty

CS:  Depictions of tensions, interactions, and struggles between various classes

FP:  Works that focus on various family patterns and familial interactions

AE:  Works dealing with agricultural economics, farm management, etc.

BS:  Works dealing with the workings of business

UHF: Works dealing with the world of urban high financial corporations, etc.

SE:  Works dealing with slave economy and the role of blacks in the American economy

DW:  Works depicting the accumulation and development of wealth, of the attempts to accumulate wealth

BE:  Works probing the most basic economic needs--food, clothing, shelter, fuel--and how to procure them

RR:  Works dealing with the development and influence of the railroads

SEC: Works focusing on social and economic and political corruption

PL:  Works dealing with politics and political life

S/C: Works dealing with questions of socialism vs. capitalism

 

(NE):  Works taking place in the northeast

(E):   Works taking place in the East

(MW):  Works taking place in the Midwest

(S):   Works taking place in the South

(W):   Works taking place in the West

(SW):  Works taking place in the Southwest