The Economic History of the United States 12

The Economic History of the United States 12

1. Lecture 12
The Economic History of the United States

2. Two Questions in Economics
Compared to what?
Then what happens?
Tradeoffs and
unintended consequences

3. Trump Tariffs

6. Save 1 steel job
Lose 23 car jobs
Trump Math
+600
-14,000
-13,400=

8. 1607
The First Adventure

9. King James I
1566 - 1625
59

10. Became King of Scotland
1567
Age 1
King of England
1603
Age 37