Alexander Roberts
Macroeconomics
Dr.Suhler
2-26-15

The economy is getting better in America right now, and with that comes the book called Economix: How the Economy Works(and Doesn't work) that really helped me understand more about our own economy and where it is heading. I feel that America takes a page out of this book because we are what this book describes, which is that of a capitalist country that relies on investment and then regain said investment to help grow the economy. In the book that we read for class, I feel that I have learned more about the history of economics more then anything. America is a country founded on the hard work of people who felt that England was not the right place to be at the current time period. Bring with them though was one of the most important aspects of our country that we still have today, and this is a capitalist economy. Another thing that I learned from the reading was that France and England both based their economies around the same aspect, which is that of a capitalist economy, and that having the most money was the only measuring tool of how your economy is doing. And this is reaffirmed by Jean-Baptiste Colbert who states “Everyone… Agrees that the might and greatness of a state is measured entirely by the quantity of silver it possesses” meaning that Jean had the right idea of economics he just need to fine tune his idea. To fine tune this idea of “the most money is the winner” Jean Colbert had to look across the English channel at their biggest enemies of the day. Standing in their way of world dominance was that of the mighty British Empire, the same empire that would form the bed rock of the country that we love today, America. England had a similar way of approaching their economy, and that was in a way of more of a free market society. While France used more of a mercantile economy, where the