No story is as essential to get right as the history of capitalism.

Nearly all of our theories about promoting progress come from how we interpret the economic changes of the last 500 years. This past decade’s crises continue to remind us just how much capitalism changes, even as its basic features — wage labor, financial markets, private property, entrepreneurs — endure.


While capitalism has a global history, the United States plays a special role in that story.

Learn about the innovative entrepreneurs, corporate titans, labor visionaries, and public policies that made American Capitalism possible.

Louis Hyman and Edward Baptist explain how the United States became the world’s leading economic power, revealing essential lessons about what has been and what will be possible in capitalism’s on-going revolution.

Originally a MOOC on EdX, this course is now available in this series of videos and podcasts. 

The American Capitalism: A Reader is the book created to complement the course, with critical essays, source readings, and discussion questions appropriate for the classroom or the book club.