'And it can tell us everything about America except why we are proud that we are Americans:' Hear Robert Kennedy's famous 1968 speech criticizing gross domestic product as the primary benchmark for American growth.

In the wake of the Great Depression, a Russian-American economist named Simon Kuznets popularized the formula for gross domestic product to summarize the health of the economy and provide the American government with a metric to track growth.

On the role of 'Citizenship In A Republic'

After finishing a Smithsonian-sponsored expedition to East Africa, US President Theodore Roosevelt stopped by Paris and gave a speech about the responsibilities an ordinary citizen has to their republic. Citizens must know there is no effort without error, knowing they "fail while daring greatly" in pursuit of a truly democratic republic. This podcast series on powerful speeches across history is written and narrated by historian and author Jon Meacham.

Watch President John F. Kennedy's speech on going to the moon

'Few will have the greatness to bend history itself, but each of us can work to change a small portion of events, and in the total of all those acts will be written the history of this generation.'

- Senator Robert F. Kennedy (1925–1968)

Ray Dalio has argued that American capitalism is broken, citing economic factors like a growing wealth divide

Dalio also points to stalling income growth, weak healthcare systems, and poor educational outcomes when arguing that American capitalism needs serious reform. However, critics point out that Dalio has amassed a large fortune by running the world's largest hedge fund and question whether Dalio really wants economic reform.

Joseph Kennedy Sr., President John F. Kennedy's father, became the first chairman of the Securities Exchange Commission in 1934.

Franklin D. Roosevelt's 1941 speech framed World War II as a global fight for universal rights

Eleven months before the attack on Pearl Harbor, President Roosevelt outlined four fundamental freedoms that, in his words, people "everywhere in the world" ought to enjoy—speech, worship, freedom from want, and freedom from fear.

'One man can make a difference and every man should try.'

- Jacqueline Kennedy Onassis (1929-1994)

Read an analysis of Roosevelt’s famous Congressional address by a speech writer

Former White House speechwriter Bob Lehrman breaks down why Roosevelt’s 520-word “Infamy” speech endures—showing how FDR used structure, urgency, radio-era reach and careful omissions to rally the nation and win near-unanimous support for war.

Why some nations reach economic success and others don’t

The 2024 Nobel Prize in Economics winners, Daron Acemoglu, Simon Johnson, and James A. Robinson, were honored for their compelling research on the factors that influence a nation’s prosperity. Spanning two decades, their work presents insights into how societal organization can explain the income discrepancies between different countries. In general, their research shows that economic success favors more free and open societies. Listen for more fascinating insights.

Some economists argue that the national debt is not a critical concern.

After World War I, consumerism began to usurp frugality as a foundational value in American life and culture.

Roosevelt’s post-Pearl Harbor address became one of America’s most iconic speeches

Delivered to a joint session of Congress on Dec. 8, 1941, President Franklin D. Roosevelt declared Dec. 7 “a date which will live in infamy.” The speech, heard by tens of millions of Americans, helped consolidate national support for entering the war.

In 2025, the US credit rating was downgraded over concerns about the debt-to-GDP ratio.

Why the US can’t end poverty

Despite being among the wealthiest nations in the world in terms of GDP, the US has a major poverty issue, with more than 37 million Americans living in poverty as of 2023. Part of the issue is that the standards by which the US measures poverty are outdated: The official poverty measure in the US today is based on calculations from the 1960s. Find out more in this video.

Consumer spending accounts for 70% of US GDP, making Black Friday significant

Lizabeth Cohen, a history professor at Harvard and author of the book “A Consumer's Republic: The Politics Of Mass Consumption In Postwar America,” has argued that the US government has presented consumerism as a way out of economic crisis or decline since around World War II.

The Dow remains a shorthand for America’s economic health

For over a century, the Dow Jones Industrial Average has been one of the most closely watched market barometers. Its rises and falls dominate headlines and politics, shaping how Americans perceive the strength of their economy.

Food stamps were revived as a JFK pilot as one of his first actions upon taking office in 1961, but the program had its largest expansion under President Richard Nixon in the late 1960s and early 1970s.

FDR inspired Rockwell's 'Four Freedoms'

In his 1941 State of the Union speech, President Franklin Delano Roosevelt defined "Four Freedoms" that democratic societies provided: freedom of speech, freedom of worship, freedom from want, and freedom from fear. Rockwell conceived of a series of paintings based on those values, using his small-town examples of the principles in action. Below is "Freedom From Want."

Dr. Martin Luther King Jr. shifted his focus toward economic justice in his final years

In the late 1960s, Dr. King increasingly emphasized economic inequality, labor rights, and poverty, culminating in the Poor People’s Campaign, which argued that civil rights gains were incomplete without financial security.

Consumer spending accounts for 70% of America's gross domestic product.

Hear Ray Dalio talk about the growth of the Chinese economy

Dalio was an early advocate of US investment in China. While he has previously criticized the authoritarian regime, his criticism of the government has been labeled mild relative to his praise for economic growth and innovation—critics argue that he has minimized human rights violations in the country.

'Only those who dare to fail greatly can ever achieve greatly.'

- Bobby Kennedy

Some scholars consider the Bretton Woods system one of the best foreign policy decisions in US history

A survey of historians by the Council on Foreign Relations ranked the creation of the Bretton Woods system among the top 10 foreign policy decisions in US history, highlighting its role in establishing postwar stability, prosperity, and decades of economic growth.

Martin Luther King Jr. invoked the Declaration to demand equality

This article examines how Martin Luther King Jr. drew on the language and ideals of the Declaration of Independence to frame the Civil Rights Movement as a continuation of the nation’s founding promises.

After the COVID-19 pandemic, Amsterdam became the first city to apply 'doughnut economics,' a new economic school of thought that defines productivity in terms of environmental impact.

John Maynard Keynes was one of the most influential economists of the 20th century

Keynes influenced economic thought by arguing that governments should spend to stabilize economies during downturns. His ideas shaped the postwar international order and remain central to modern economic policy debates.

In a 'K-shaped' economy, higher earners' spending rises while lower earners' spending stagnates or decreases.

Rockwell's Saturday Evening Post created an idealized American life

The Saturday Evening Post’s circulation exploded in the early 20th century, due in no small part to Rockwell’s iconic cover illustrations, which often portrayed idyllic portraits of American life from the not-so-distant past. This documentary explores how Rockwell’s covers played on national nostalgia, creating a vision of the country that grew to be associated with the American Dream.

Critics have debated 'the great American novel,' arguing which book best captures the spirit of American literature since the 19th century.

Explore 'The Big Mac Index,' an economic indicator created by The Economist as a cheeky reference for the purchasing power of consumers across different countries.

Reagan’s 'tear down this wall' speech challenged Soviet control of Berlin

In 1987, President Ronald Reagan stood at the Brandenburg Gate of the Berlin Wall and urged Soviet leader Mikhail Gorbachev to “tear down this wall.” The speech became one of the most iconic moments of the Cold War and a symbol of growing pressure on the Eastern Bloc.

'Through this unique means, I convey to you and all mankind, America’s wish for peace on Earth and goodwill to men everywhere.'

- President Dwight Eisenhower (1890-1969) sending a message from space

Rockwell's 'Four Freedoms' raised millions for the US war effort

Rockwell initially pitched the "Four Freedoms" project to the US Ordnance Department, but was rejected. Rockwell's editor at the Saturday Evening Post, however, loved the idea and published the images across four consecutive issues. After they became a sensation, the Saturday Evening Post partnered with the US Department of the Treasury to send the paintings on a 16-date national tour, which raised $133M in war bonds and stamps. Meanwhile, the Office of War Information printed four million sets of the posters with "Buy War Bonds" emblazoned on them.

Harry Dexter White outmaneuvered Keynes to make the dollar the center of the new global monetary system

The chief US Treasury economist at the conference, White, advocated for a dollar-centered exchange rate system over Keynes' competing idea of a new global currency, shaping the postwar economic order for decades.

Ranking the world’s economies: 1980 vs. 2025

The US remains the world’s largest economy, having increased its annual gross domestic product from $2.9T in 1980 to $30.6T in 2025. In 1980, China ranked seventh globally with a GDP of $304B. In 2025, China ranked second with a GDP of $19.4T.

British colonialism left economic institutions that still shape growth today

This analysis argues that while the British Empire inflicted exploitation and long-term harm, it also exported institutions—like standardized property rights and land surveying—that boosted economic development in some colonies.

The Bretton Woods economic order was built on Keynesian principles

Keynesian economics suggests that governments should actively manage economies to prevent downturns, promote employment, and regulate markets. The Bretton Woods institutions were created based on this belief that coordinated public intervention could prevent the economic crises of the 1930s.

Dr. Martin Luther King Jr. publicly denounced the Vietnam War in 1967

In a 1967 speech, Dr. King comprehensively condemned the US war in Vietnam, linking militarism, racism, and poverty—a break that cost him allies and drew backlash from political leaders and major media outlets.

The formation of the UN elevated the US on the world stage

This podcast episode of "To the Best of My Ability" from the National WWII Museum goes behind the scenes of the United Nations' founding from the American perspective. It explores how FDR's vision for global peace took shape, how Truman carried it forward, and how Eleanor Roosevelt helped define human rights—set against the backdrop of wartime diplomacy, Cold War tensions, and the San Francisco Conference, where the UN Charter was signed.

Why Ray Dalio thinks the US deficit is a political problem

Dalio frequently argues that debt cycles are inevitable and a tradition of every empire. However, he said in 2025 that the US was headed for a debt crisis. Dalio says that while Republicans and Democrats agree on the math of the debt crisis, all politicians make promises to neither increase taxes nor cut government benefits—which Dalio says can't close the deficit.

Watch the full video of Dr. Martin Luther King Jr.'s 'I Have a Dream Speech'

1978: Thurgood Marshall, commencement address at the University of Virginia

"Where you see wrong or inequality or injustice, speak out, because this is your country. This is your democracy. Make it. Protect it. Pass it on."

Historians reflect on the best State of the Unions ever

These political experts highlight standout State of the Union addresses that shaped the nation's direction—from Washington's first and Lincoln's Civil War messages to FDR's wartime resolve, LBJ's Great Society launch, and Clinton's scandal-shadowed 1998 speech.

A quote by Ralph Bunche

"The well-being and the hopes of the peoples of the world can never be served until peace - as well as freedom, honor and self-respect - is secure."

Springsteen says 'Born in the USA' is his 'most misunderstood' song

In 1984, Ronald Reagan was running for reelection and referenced Springsteen at a New Jersey event, saying, "America's future rests in the message of hope in the songs of a man so many young Americans admire — New Jersey's own, Bruce Springsteen." Days later, Springsteen would make his opposition to Reagan clear at a Pittsburgh show. Years later, he'd call the song "one of my greatest and most misunderstood pieces of music."

British economist John Maynard Keynes originally proposed a global currency called the bancor.

Nixon's 1971 decision to untether the dollar from gold ended the Bretton Woods exchange rate system

The Bretton Woods system initially pegged all major currencies to the US dollar, which could be exchanged for gold at a fixed rate of $35 per ounce. Growing deficits and decreasing gold reserves prompted Nixon to end that guarantee in 1971, marking the end of the fixed exchange rate era.

Critics argue that the World Bank, IMF, and WTO were designed to serve Western interests

Some analysts from developing nations argue that the Bretton Woods institutions were designed to reinforce Western economic dominance rather than to promote fair development for poorer countries. Supporters respond that these institutions have improved living standards worldwide.

The Kennan Telegram shaped early US Cold War strategy

In 1946, diplomat George Kennan sent a long telegram from Moscow warning that the Soviet Union was inherently expansionist. His analysis laid the groundwork for the US policy of containment that defined the early Cold War.