The Rise and Fall of American Growth: The U.S. Standard of Living since the Civil War (Princeton Economic History of the Western World)

The Rise and Fall of American Growth: The U.S. Standard of Living since the Civil War (Princeton Economic History of the Western World)
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Gordon's view, technological change is just not what it used to be, and we had better get used to slower growth in productivity and incomes."--N. productivity growth and to narrow the widening gap between winners and losers in the economy. One can learn a great deal."--Edward Lotterman, St. Gordon uses exhaustive historic data to buttress his thesis."--Greg Ip, Wall Street Journal"The Rise and Fall of American Growth is full of wonder for the miraculous things that America has accomplished."--Edward Glaeser, Wall Street Journal"A masterful study to be read and reread by anyone interested in today's political economy."--Kirkus"Normally, these kinds of big-think books end with a whimper, as the author totally fail
A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Robert Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions
It's All about Growth Northwestern economics professor Robert Gordon has a written a mostly very good and a very long book (762 pages in the print edition) on the history of economic growth in the United States from 1870 to the present. In his view it is all about the rise and fall of total factor productivity (the gains in output not due to increased labor and capital inputs, or if you will technological improvements). I know this sound very boring, but he explains the growth. "Does Growth Matters When People Cannot Make a Living?" according to Knowledge Bee. The author has a wealth of knowledge. Writing a book spanning across almost 150 years of history is no small task. What impressed me most is the author's knowledge on so many different topics. The author has done an excellent job in organizing the materials and makes it easy to read.Setting aside the reference pages, the book is about 700 pages. If you are unsure whether this is the right book for you, the author did a presentation for LSE which will give. "A profoundly important book and a great read" according to Mark Witte. I think of Rashomon; a gripping story told from a series of different angles, each reinforcing but also changing our perspective on what we learned in the others. Gordon breaks America's unprecedented rise in quality of life into two periods, 1870-19A profoundly important book and a great read Mark Witte I think of Rashomon; a gripping story told from a series of different angles, each reinforcing but also changing our perspective on what we learned in the others. Gordon breaks America's unprecedented rise in quality of life into two periods, 1870-1940 and 1940-2015. In the first period and then the second, he lays out a series of chapters where each documents one area of the technological change that re-shaped the lives Americans lived. In the 1870-1940 . 0 and 19A profoundly important book and a great read Mark Witte I think of Rashomon; a gripping story told from a series of different angles, each reinforcing but also changing our perspective on what we learned in the others. Gordon breaks America's unprecedented rise in quality of life into two periods, 1870-1940 and 1940-2015. In the first period and then the second, he lays out a series of chapters where each documents one area of the technological change that re-shaped the lives Americans lived. In the 1870-1940 . 0-2015. In the first period and then the second, he lays out a series of chapters where each documents one area of the technological change that re-shaped the lives Americans lived. In the 1870-19A profoundly important book and a great read Mark Witte I think of Rashomon; a gripping story told from a series of different angles, each reinforcing but also changing our perspective on what we learned in the others. Gordon breaks America's unprecedented rise in quality of life into two periods, 1870-1940 and 1940-2015. In the first period and then the second, he lays out a series of chapters where each documents one area of the technological change that re-shaped the lives Americans lived. In the 1870-1940 . 0
. His books include Productivity Growth, Inflation, and Unemployment and Macroeconomics. Robert J. Gordon is professor in social sciences at Northwestern University. Gordon was included in the 2016 Bloomberg list of the nation's most influential thinkers