It's safe to say that since the first appearance of Thomas McCraw's contribution to Harlan Davidson's "American History Series" in 2000, American business has taken some of the most dramatic, perhaps most incredible, turns in its history. Far more than an update, this edition of one of the most popular texts has been carefully revised and reorganised not only to include necessary new coverage but to present more fully and forcefully the book's central argument and major themes, making this new edition even more teachable for instructors and accessible to student readers. Unique in the market for its breadth of coverage and depth of analysis, this new edition of the uncommonly readable book by Pulitzer Prize-winning author Thomas K McCraw will continue as a classic supplementary text in a variety of undergraduate as well as graduate courses and seminars. Featuring three banks of striking photographs and a completely up-to-date bibliographic essay, this compact, enjoyable work will be highly appreciated by all students of U.S. business history and the art of administration.