The Rise And Fall Of American Growth

The U.S. Standard of Living since the Civil War

Robert J. Gordon

Book Synopsis

"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.

Explore More Books

See All
Natural Capitalism
The Uterus Is a Feature, Not a Bug
The Story of Civilization: The Age of Louis XIV
Self Reliance
The Hard Thing About Hard Things
Altars of Unhewn Stone
The Varieties of Religious Experience
Accidental Presidents
The Science of Conjecture
The Gifts of Imperfection
One of a Kind
Am I Being Too Subtle?
Hell Yeah or No
The Wealth of Nations
Benjamin Franklin
The Power of Full Engagement
Anthropic Bias
Old Man and the Sea
The Tao of Charlie Munger
Good Economics For Hard Times
Team of Teams
The Venture Mindset
When Money Dies
Now, Discover Your Strengths
Modelling Extremal Events
Changes in the Land
Tuxedo Park
Profile of a Nation
The Golden Compass
The Last Lion
Survival to Thrival
Benjamin Franklin
Competition Demystified
The Botany of Desire
Bad Blood
An Astronaut's Guide to Life on Earth
Innovating Out of Crisis
The Reluctant Mr. Darwin
The First Conspiracy
Founders at Work
The Power of Myth
Monetizing Innovation
The Aspirational Investor
Nixon Agonistes
Strength In Stillness
How to Read a Book
The Neverending Story
A Guide To Econometrics
To Dare and to Conquer
Follow The Money
Homo Deus
A Guide To The Good Life
The Snow Leopard
A Practical Guide for Policy Analysis
Screw Business As Usual
The Art of War
The Three Marriages
Intellectual Life in the Middle Ages
More From Less
The River of Doubt
The Start-up of You
The Body Keeps The Score
A Year with Rumi
Keeping At It
Getting to Maybe
Speak Like Churchill, Stand Like Lincoln
Zorba the Greek
Ghost Fleet
King of Capital
Models. Behaving. Badly.
Nothing To Lose
No Applause - Just Throw Money
Something Deeply Hidden
The Hate U Give
Who Really Matters
Who's In Charge
The Great Rupture
The Role of the Individual in History
The Book of Nothing
High Growth Handbook
The Old Way
The Agile Gene
Mathematician's Delight
The Feynman Lectures on Physics
The Score Takes Care of Itself
7 Powers
The Law
The Lord of the Rings
The Dip
The Wealth and Poverty of Nations
The Song Machine
Steal Like an Artist
Gang Leader for a Day
Out of Mao's Shadow
Mycelium Running