The 'American Dream' Was Coined in 1931Matt Novak3/06/15 2:50pm488EditPromoteDismissUndismissHideGo to permalinkToday the phrase "the American Dream" is a staple of political campaigns, book titles, and economic discussions. Everybody's heard it, but nobody knows quite how to define it. It's a phrase that feels as old as the country itself. But the American Dream wasn't invented in 1776. The term was coined in 1931.