American Exceptionalism

Economics, Finance, Political Economy, and Economic Laws

  • Lall Ramrattan
  • Michael Szenberg

Table of contents

  1. Front Matter
    Pages i-xix
  2. Lall Ramrattan, Michael Szenberg
    Pages 1-4
  3. Lall Ramrattan, Michael Szenberg
    Pages 5-42
  4. Lall Ramrattan, Michael Szenberg
    Pages 43-183
  5. Lall Ramrattan, Michael Szenberg
    Pages 185-263
  6. Lall Ramrattan, Michael Szenberg
    Pages 265-378
  7. Back Matter
    Pages 379-385

About this book


The publication of Alexis de Tocqueville’s Democracy in America has kindled interest across disciplines to appraise the exceptional nature of U.S. activities. In general, however, all the published works have not focused their analyses from an economic point of view. While economics was for some a “dismal science” following Thomas Carlyle’s characterization of Malthus’ demographic model, it has increasingly become the “queen of the social sciences” for more practitioners. The book fills a gap in the literature by describing the American contributors as precursors and genuinely exceptional economists. We present their works within the state of the nation in which they advance their discipline.

One is treated to both qualitative and quantitative theories in the opening chapter. Budding theories that became established theories of Economics and Finance are investigated in Chapters II and III.  When President John Adams was confronted with M. Turgot’s criticisms of the American government, he resorted to a historic survey of types of government from ancient Greece to the Middle Ages. Similarly, we have included a final chapter, Chapter IV, to present the argument for American Exceptionalism in the domain of Political Economy and Economic Law over the ages.


Alexis de Tocquevillemilton friedman Democracy in America American Exceptionalism Economic analysis tyranny economic development founding fathers john bates clark frank albert fetter simon nelson patten irving fisher paul samuelson kenneth arrow howard zinn karl polanyi robert heilbroner Brownian Basis of Speculation Theory us constitution Louis Bachelier’s Presentation Marginal Revolution

Authors and affiliations

  • Lall Ramrattan
    • 1
  • Michael Szenberg
    • 2
  1. 1.UC Berkeley ExtensionBerkeley, CAUSA
  2. 2.Touro CollegeBrooklyn, NYUSA

Bibliographic information

  • DOI
  • Copyright Information The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG, part of Springer Nature 2019
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-030-05556-1
  • Online ISBN 978-3-030-05557-8
  • Buy this book on publisher's site