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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: sutton   😊 😞
Number: of 4460 
Subject: Well done, I thought
Date: 09/29/25 10:55 AM
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No. of Recommendations: 4
WSJ today launched a series on the history of American capitalism.

There were two features I liked:

- the quick read was a timeline 1776-present, with a series of highlighted years with paragraphs explaining the national economic effect of, say, Carnegie steel or a national currency, or reconstruction. It gets a little strident once it gets to around 2000 or so, but the first 80% was pretty good. Free link: wsj.com - American economy capitalism history timeline

- the second is by Roger Lowenstein, titled "How—and Why—U.S. Capitalism Is Unlike Any Other", and is largely redundant with the link above. It has some good lines, though, e.g. "The social malleability of America unnerved the graying founders, who had envisioned a classical republic rather than a freewheeling bazaar. Endless waves of newcomers fostered chaos and checked the staying power of elites."

However, my cold and I can't find the stupid bloody stupid link for this one...sorry. It's on today's page R3.

--sutton
grumpier than usual, on day 3 of a URI that should be better by now
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