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John Steele Gordon

John Steele Gordon has been a frequent contributor to American Heritage and the Wall Street Journal. He is the author most recently of An Empire of Wealth: The Epic History of American Economic Power (HarperCollins 2004). Gordon's writing concentrates on business and financial history, and his 1999 book, The Great Game: The Emergence of Wall Street as a World Power, 1653-2000, was adapted into a two-hour CNBC special. Gordon's writing has also been published in the Washington Post's Book World, Outlook, Forbes, and The New York Times.

Articles by this Author

A NEW BIOGRAPHY RESCUES A GREAT INNOVATOR FROM THE SHADOW OF CITIZEN KANE.
A couple of big mistakes in developing our own SST turned out to save us from commercial disaster.
It changed the course of capital punishment in America.
The game that has sold 200 million sets was born to teach its players about the evils of capitalism.
A 150-year-old invention keeps on remaking the world.
When politicians make business decisions on a heroic scale, heroically scaled calamities often result.
Novel, May/June 2000 | Vol. 51, No. 3
How a forgotten congressman’s crusade helped bring about the incredible growth of the internet and much else, besides
It took until late last year to undo the damage that Congress wreaked on the banking system in the 1930s.
How does one distill the millions of stories that are the history of Wall Street into a single book?
Like so much else, they’re a product of the Industrial Revolution.
She was the great financier’s librarian, and a good deal more.
Statistics help us comprehend the world sometimes.
The federal government handled it far better than it would later economic disasters.
His reputation obscures a complex man haunted by tragedy.
When Jerry Seinfeld pockets $250 million for the syndication rights to his show, he should thank the man who loved Lucy.
It was a bankrupt ruin by the 1660s, but the Saugus Ironworks foretold America’s industrial might.
The fate of the codfish suggests that collectivism on the ownership level is as destructive as anywhere else.
The lessons of their success
The son of an Italian immigrant built the largest privately-held bank in the world by helping other immigrants.
In a century of technological revolutions, this was perhaps the quietest.
In theory, it works fine. In practice, it has often made situations much worse.
Musical, May/June 1998 | Vol. 49, No. 3
The flagship Dewey took into Manila Bay still survives, but it needs help
When Irma Rombauer finally found a publisher for her famous cookbook, her troubles began in earnest.
The rush for treasure in the West is more than part of a picturesque past; it has profoundly shaped our present.
Will the current bull market die spectacularly, a la 1929, or—as in 1974—will it strangle in weird silence?
How a tireless impresario parlayed a cloud of smoke into several fortunes
The most glamorous business of the industrial era almost always lost money. But nobody paid a steeper price than Edward Knight Collins.

"WEB ONLY STORIES" BY THIS CONTRIBUTOR

Memorial at TenHouse in the Liberty StreetA bronze memorial to the 343 New York City firefighters who lost their lives on September 11 has become a place of quiet pilgrimage for Americans, similar to the Vietnam Memorial in Washington. They will come to remember what former mayor Rudy Giuliani…
Thirty years ago this week, rumors began circulating about the supposed extramarital affairs of Sen. Gary Hart, the leading candidate for the 1988 Democratic nomination for President. In response, Hart challenged the media. He told The New York Times in an interview published on May 3, 1987, that…
On December 27, 1927—80 years ago today—American musical theater changed forever with the opening, at New York’s Ziegfeld Theatre, of Show Boat. It was a hit from the very start. From its opening tryout in Washington, D.C., through its other out-of-town runs in Pittsburgh, Cleveland, and…
Fifteen years ago today, on December 17, 1992, the North American Free Trade Agreement was signed by the United States, Canada, and Mexico. It created a huge free trade area of more than eight million square miles, 430 million people, and almost uncountable economic resources. It is the largest…
Absent from the list of robber barons recently reconsidered has been Cornelius Vanderbilt, known to everyone as the Commodore. Indeed, the last major biography of him was Wheaton J. Lane’s Commodore Vanderbilt: an Epic of the Steam Age, published in 1942. This is a pity, as the Commodore was one…
  When engineers make mistakes, the results can be both spectacular and expensive. And if someone happens to be at the right place at the right time with a movie camera, immortality of the sort no engineer wants is inevitable. The collapse of the Tacoma Narrows Bridge on the morning of November 7,…
  The 1977 “Wow!” signal, as originally recorded and notated. (Ohio State University Radio Observatory and North American AstroPhysical Observatory) It would have been the biggest news story of all time had it been confirmed. On August 15, 1977—30 years ago today—a radiotelescope at Ohio State…
  A thoroughly enjoyable appreciation of the nation’s greatest songwriters. Most people couldn’t write a decent song if you held a gun to their head. Perhaps one in a million can write one that becomes a big hit before fading away or becoming a period piece. But to be able to write a song that is…
(Library of Congress) Shortly after midnight on June 13, 1942, a German submarine lifted off the bottom, where it had been waiting, and surfaced near the sleepy eastern Long Island town of Amagansett. It soon put ashore four men wearing German uniforms. They had with them explosives and other…
President Reagan speaks at the Berlin Wall, June 12, 1987. (Ronald Reagan Presidential Library, National Archives) It is probably the Great Communicator’s most famous line, one he uttered on June 12, 1987—20 years ago today—while standing in front of the Brandenburg Gate at the Berlin Wall. And…