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Gale Pooley
Gale Pooley

This document provides information about an economics lecture on the economic history of the United States, including: 1) The course details such as the instructor's name and contact information, as well as information about assignments, exams, and office hours. 2) An introduction to some of the key concepts to be covered in the class, including how knowledge transforms resources and drives economic growth, and how economics studies how humans create value through knowledge. 3) An outline of the course timeline that will cover the economic history from the founding of Jamestown in 1607 to the present day.

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Lecture 1 The Economic History of the United States
ECON 1740 The Economic History of the United States
Dr. Gale L. Pooley, Ph.D. Email: gale.pooley@utahtech.edu Phone: Office: HGB 227 Office Hours: Tuesday 12:00 - 2:00 or by appointment
Syllabus
Read and Write
8 Quizzes 2 Exams
This universe is finite, its resources, finite… if life is left unchecked, life will cease to exist. It needs correction.
Economics is not about atoms Economics is about knowledge
The difference between our age and the Stone Age is entirely due to the growth in knowledge. George Gilder
Make me an iPhone We need Innovation Sorry, I don't have the knowledge
Knowledge transforms atoms into resources
Economics is the study of how human beings create value for one another by discovering knowledge
Resources = Atoms + Knowledge Quiz True or False? Can resources be infinite? Yes or No: Why? ∞ ∞ Infinite Not Infinite
John Steele Gordon
Timeline
Timeline 2023 1607 416 Years
Angus Maddison
2016 1 AD $2 $100 $30 World 15x Northern Europe North America 50x 1820
ourworldindata.org
When Where Who How Why
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Lecture 1.pdf