Boom And Bust Colorado

Promises of gold brought the first waves of European-Americans to Colorado in the 1859s. They found riches and built cities that never should have lasted. Readers will discover the golden beginnings of towns like Leadville and Boulder and meet the early settlers and miners who brought them to life. The next promise was always right around the corner, and the optimistic pioneers who came west simply never gave up. Silver flooded the state with more riches and more people, until the bubble burst and Colorado faded from the forefront of the American dream. The state is booming again today, with a vibrant beer, marijuana and energy economy epitomizing the 21st century American dream. This is the history of Colorado through the lens of its uniquely mythic economy, from boom to boom and into the future.

A look at the trade and commerce that has historically driven Colorado's economy.

Traces the history of uranium mining in America, following the efforts of ordinary people as they took part in the initial boom and the bust that followed

A history of the U.S. Atomic Energy Commission’s need for uranium ore in the 1950s, the frenzied search, and the aftermath. Now expanded to include the story of nuclear testing and its consequences, UraniumFrenzy has become the classic account of the uranium rush that gripped the Colorado Plateau region in the 1950s. Instigated by the U.S. government’s need for uranium to fuel its growing atomic weapons program, stimulated by Charlie Steen’s lucrative Mi Vida strike in 1952, manned by rookie prospectors from all walks of life, and driven to a fever pitch by penny stock promotions, the boom created a colorful era in the Four Corners region and Salt Lake City (where the stock frenzy was centered) but ultimately went bust. The thrill of those exciting times and the good fortune of some of the miners were countered by the darker aspects of uranium and its uses. Miners were not well informed regarding the dangers of radioactive decay products. Neither the government nor anyone else expended much effort educating them or protecting their health and safety. The effects of exposure to radiation in poorly ventilated mines appeared over time. The uranium boom is only part of the larger story of atomic weapons testing and its impact in the western United States. Nuclear explosions at the Nevada Test Site not only spurred uranium mining, they also had a disastrous impact on many Americans: downwinders in the eastward path of radiation clouds, military observers and guinea pigs in exposed positions, and Navajo and other uranium mill workers all became victims, as deaths from cancer and other radiation-caused diseases reached much higher than normal rates among them. Tons of radioactive waste left by mines, mills, and the nuclear industry and how to dispose of them are other nagging legacies of the nuclear era. Recent decades have brought multiple attempts by victims to obtain compensation from the federal government and other legal battles over disposal of nuclear waste. When courts refused to grant relief to downwinders and others, Congress eventually interceded and legislated compensation for a limited number of victims able to meet strict criteria, but did not adequately fund the program. Recently, Congress attempted to fix this shortfall, but in the meantime many downwinders and others holding compensation IOUs had died. Congressional and other efforts to dispose of waste have lately focused on Nevada and Utah, two states all too familiar with nuclear issues and reluctant to take on further radioactive burdens. “In a perceptive and touching narrative, Ringholz (The Wilderness Handbook) recalls that the Federal government in the early 1950s subsidized uranium mining for the coming atomic age. . . . Ringholz intrigues the reader with an expert blending of science, adventure, industry mania, finance, human triumph and despair and shameful official neglect.” —Publishers Weekly “The frenzied search for a reliable domestic source of uranium ore needed by the U.S. Atomic Energy Commission in the 1950s is the subject of Ringholz's breezy narrative, which is populated with colorful characters. . . . This is good popular reading for general collections in public libraries.” —Library Journal

“Brim[s] with wit, pluck, and hard-won wisdom.” —Jessica Bruder, best-selling author of Nomadland The best-selling author of The Long Haul returns with the story of ditching his truck to seek his fortune…in hemp. After decades as a long-haul trucker, Finn Murphy left the road and settled in Boulder County, Colorado. Before long he noticed that many of his neighbors were captivated by the prospect of vast riches in “the Hemp Space.” When hemp was legalized, after eighty years in federal exile, Colorado became the center of a hemp growing and processing boom. Figuring he’d harvest some of that easy money, Murphy bought a thirty-six-acre farm. What could go wrong? Well, pretty much everything… Rocky Mountain High is the comic chronicle of a wild year as Murphy follows his Great American Dream, gradually losing his shirt but not his spirit. Pivoting away from growing hemp himself, he decides to make himself a middleman. He builds drying sheds the size of football fields. He battles with freezing temperatures and even colder bankers. And he assembles an eclectic crew of workers, including the wry and vastly talented Manuel, the business savvy Pierce, and a scruffy army of “trimmigrants”—specialized farm laborers who roam the country pursuing (or not) their own American Dreams. Pretty soon, Murphy is pitting his dwindling cash against the mercurial buyers who inhabit the Wild West of the hemp market. Told with Murphy’s trademark wit, keen eye for character, and sharp insights into the hardscrabble society around him, Rocky Mountain High is an inside look at the alluring world of the hemp boom and a masterful tale of one entrepreneur’s misadventures.