The Rise And Fall Of American Growth: The U.S. Standard of Living since the Civil War
By Robert J. Gordon
Category
History"The Rise and Fall of American Growth" by Robert J. Gordon offers a comprehensive analysis of the history, drivers, and consequences of economic growth in the United States. Spanning over a century, Gordon examines the factors behind the remarkable growth experienced during the late 19th and early 20th centuries, followed by a stark decline in recent decades.
Through meticulous research and data-driven insights, Gordon traces the key drivers of American growth, such as the Industrial Revolution, mass production, technological advancements, and widespread innovation. He delves into the profound impact of these developments on various aspects of society, including living standards, productivity, and overall well-being.
Challenging the notion of perpetual progress, Gordon provides a compelling argument for why the United States may have witnessed a slowdown in economic growth since the mid-20th century. He highlights factors such as diminishing returns from technological progress, rising inequality, demographic shifts, and mounting environmental challenges as significant obstacles to sustained growth.
In addition to analyzing the causes of this decline, Gordon also explores its implications for future generations. He discusses the potential consequences of slower growth on income inequality, social mobility, and the overall socio-economic landscape, urging policymakers to consider these challenges when formulating long-term strategies.
"The Rise and Fall of American Growth" is an engrossing and thought-provoking examination of the trajectory of economic growth in the United States. Bringing together historical analysis, economic theory, and social commentary, this book offers a nuanced perspective on the complex forces shaping America's economic future. It serves as a vital resource for academics, economists, policymakers, and anyone interested in understanding the past, present, and potential future of American prosperity.
Through meticulous research and data-driven insights, Gordon traces the key drivers of American growth, such as the Industrial Revolution, mass production, technological advancements, and widespread innovation. He delves into the profound impact of these developments on various aspects of society, including living standards, productivity, and overall well-being.
Challenging the notion of perpetual progress, Gordon provides a compelling argument for why the United States may have witnessed a slowdown in economic growth since the mid-20th century. He highlights factors such as diminishing returns from technological progress, rising inequality, demographic shifts, and mounting environmental challenges as significant obstacles to sustained growth.
In addition to analyzing the causes of this decline, Gordon also explores its implications for future generations. He discusses the potential consequences of slower growth on income inequality, social mobility, and the overall socio-economic landscape, urging policymakers to consider these challenges when formulating long-term strategies.
"The Rise and Fall of American Growth" is an engrossing and thought-provoking examination of the trajectory of economic growth in the United States. Bringing together historical analysis, economic theory, and social commentary, this book offers a nuanced perspective on the complex forces shaping America's economic future. It serves as a vital resource for academics, economists, policymakers, and anyone interested in understanding the past, present, and potential future of American prosperity.
Share This Book 📚
More Books in History
Sapiens
Yuval Noah Harari
The Lessons of History
Will & Ariel Durant
Destined For War
Graham Allison
Guns, Germs, and Steel
Jared Diamond
Homo Deus
Yuval Noah Harari
The Autobiography of Benjamin Franklin
Benjamin Franklin
The Rise And Fall Of American Growth
Robert J. Gordon
Titan
Ron Chernow
The Fabric of Civilization
Virginia Postrel
The Last Days of Night
Graham Moore
The Last Lion
Paul Reid
Dead Wake
Erik Larson
Empire of the Summer Moon
S.C. Gwynne
Faraday, Maxwell, and the Electromagnetic Field
Nancy Forbes
From Bacteria to Bach and Back
Daniel Dennett
Guns, Sails, and Empires
Carlo M. Cipolla
Medieval Technology and Social Change
Lynn White
The Ancient City
Peter Connolly
The Forgotten Man
Amity Shales
The Fourth Turning
William Strauss
The Great Crash of 1929
John Kenneth Galbraith
The Law
Frederic Bastiat
The Old Way
Elizabeth Marshall Thomas
The Origin of Species
Charles Darwin
The Red Queen
Matt Ridley
The Story of Civilization
Will & Ariel Durant
Tuxedo Park
Jennet Conant
Where Good Ideas Come From
Steven Johnson
A History of Knowledge
Charles Van Doren
A History of Rome
Moses Hadas
Popular Books Recommended by Great Minds 📚
The Psychology of Money
Morgan Housel
Antifragile
Nassim Nicholas Taleb
Destined For War
Graham Allison
Mindset
Carol Dweck
Foundation
Isaac Asimov
Give and Take
Adam Grant
Economics in One Lesson
Henry Hazlitt
The Sovereign Individual
James Dale Davidson & William Rees-Mogg
Principles for Dealing With The Changing World Order
Ray Dalio
Only the Paranoid Survive
Andy Grove
The True Believer
Eric Hoffer
Behind the Cloud
Marc Benioff
Trailblazer
Marc Benioff
Range
David Epstein
Behave
Robert Sapolsky
The Bitcoin Standard
Saifedean Ammous
Poor Charlie's Almanack
Charlie Munger
Can't Hurt Me
David Goggins
Meditations
Marcus Aurelius
The Innovators Dilemma
Clayton Christensen
The Power of Habit
Charles Duhigg
The Checklist Manifesto
Atul Gawande
Against The Gods
Peter Bernstein
How to Change Your Mind
Michael Pollan
The Ride of a Lifetime
Bob Iger
Hopping Over The Rabbit Hole
Anthony Scaramucci
The Undoing Project
Michael Lewis
Billion Dollar Whale
Tom Wright
Zero to One
Peter Thiel
Siddhartha
Hermann Hesse