A potential series on understanding the transition of the US economy in the Crisis of the 1970s: The episode on foreign exchange, gold convertibility, and the Nixon Shock of August 15, 1971. (A Bill solo episode recorded Jan 12, 2022.)
50 years ago, in January 1972, the US space shuttle program moved forward and humanity passed the top of the arc of manned spaceflight and began its descent away from the dream of the 1860s to the 1960s. Bill and Rachel.
Description: Bill and Rachel recap some developments of 50 years ago in 1971: anti-smoking campaigns; the launch of Starbucks, Southwest, Amtrak, and Disney World; desegregation busing; special education laws; the War on Drugs; a new voting age; the first e-book; and more.
Description: A convergence of auto loans, reorganized home mortgages, and falling materials costs by 1910 launched the vast neighborhoods of durable bungalow single-family homes that brought white industrial workers into the American middle class and political power. (Bill and Rachel)