the rise and fall of american growth by robert gordon

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. The thesis of Gordon’s book is that high rates of economic growth in America were a one-time event between roughly 18701970, which he calls the special century. Indeed there is no investigation, and perhaps no detective. Gordon, is like a murder mystery in which the murderer is never caught. 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. The Rise and Fall of American Growth, by Robert J. 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 18 cannot be repeated. Standard of Living since the Civil War Robert J. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. The Rise and Fall of American Growth: The U.S. Robert J Gordon’s story of this great unfurling of the American dream is captivating in two ways: first in showing how the meteoric rise and subsequent plateauing (it’s overdramatic to characterise it as a fall, really) came about, using some of the same old sources, though in slightly different ways, maybe, and also drawing on resources. In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Standard of Living since the Civil War The Princeton Economic History of the Western World: Author: Robert J. How America's high standard of living came to be and why future growth is under threat The Rise and Fall of American Growth: The U.S.

The rise and fall of american growth by robert gordon