American Economic History

2posts

One Box Changed the Entire American Economy — The Secret Behind Malcolm McLean's Invention of the Shipping Container

On May 6, 1956, Malcolm McLean — a former truck driver — permanently transformed the landscape of global trade with a simple steel box. Without his idea, the global economy as we know it today might never have existed.

May 6, 2026

On This Day in 1837, America's First Financial Panic Began -- The Catastrophe Born from Andrew Jackson's Legacy

On March 18, 1837, the first major financial panic in American history began. Andrew Jackson's hardline financial policies lit the fuse, causing thousands of banks and businesses to collapse and millions to fall into poverty.

Mar 18, 2026