Golden age in America according to Milton Friedman 

No income tax 
Government spending was small 
Open immigration because welfare didn’t exist 
Immigrants actually wanted to assimilate and learn English 

1897 commemorated the diamond 💎 jubilee for queen Victoria in England 

USA also surpassed Great Britain as the largest economy 

The greatest gains in life expectancy happened during this period 

Peace and prosperity 

The Spanish American war in 1898 was a trivial diversion 

Edit: I forgot to add it was also the most charitable and philanthropic period. Schools and universities and hospitals were built and established.  Red Cross was established.  Rockefeller and Carnegie and Ford were great entrepreneurs and philanthropists 



Bell_curve

Yep. Probably the most prosperous time of US was 1870-1913. I mean this was era that put USA on the map...of course that era we didn't have a central bank.