The Rise and Fall of American Growth
The U.S. Standard of Living since the Civil War (The Princeton Economic History of the Western World)
Robert J. Gordon
Discover the revolution that transformed American households and workplaces in The Rise and Fall of American Growth. With historical anecdotes and economic analysis, this critical read weaves a vivid narrative that challenges the belief that economic growth will continue relentlessly. Economist Robert Gordon argues that escalating inequality, a stagnant education system, an aging population, and rising debt will hold back productivity growth. As we face an uncertain future, this book is a tribute to a century of remarkable change and a warning that tougher times may be on the horizon.
I did find his historical analysis, which makes up the bulk of the book, utterly fascinating. – source
2017-09-18T00:00:00.000ZCovering everything from the combustion engine to the flush toilet—and judging recent breakthroughs with a skeptical eye—this work of economic history “concludes that innovation is the ultimate source of dramatic improvements in the human condition,” says Nadella. – source
2020-07-20T17:26:13.000ZSome of my favorite books on this history: The Rise & Fall of American Growth by Robert Gordon The Fifties by David Halberstam The Big Change by Frederick Lewis Allen – source
2019-12-27T20:14:52.000Z@RossSchumann Read “The Rise and Fall of American Growth”. It’s a history book. No politics. It will clear it up for you. Wishing you the best. Also, read dark money to learn more about origin of current economic orthodoxy. – source