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
The Fourth Part of the World
High
Justice on Trial
The Third Wave
Stress Test
Iacocca
Lincoln at Gettysburg
Consider Phlebas
Out of the Crisis
Twelve Against The Gods
The Bias That Divides Us
Linchpin
Judgment in Managerial Decision Making
Triggered
Anna Karenina
Atlas Shrugged
A Short Guide to a Happy Life
Modern Aramaic (Assyrinan/Syriac) Dictionary
The Book of Five Rings
Poor Numbers
The Undercover Economist
Vagabonding
Gridiron Genius
Execution
Folk Devils and Moral Panics
The Amber Spyglass
A Short History of Financial Euphoria
The Nature of the Beast
Shadow Divers
Stranger In A Strange Land
Destined For War
The Art of  Scientific Investigation
Mastering The Market Cycle
Artificial Intelligence
The Legend of Henry Ford
The Painted Bird
Restoring Our Republic
Lessons for the Living
The World Without Us
Things Hidden Since the Foundation of the World
The Fourth Turning
The Sum of Us
Kochland
Sit Like a Buddha
Mr. Penumbra's 24-Hour Bookstore
Awakening Joy
The Ten Golden Rules of Leadership
The Tycoons
Malabar Farm
The Watchman's Rattle
Global Crisis
Smart People Should Build Things
The Purple Cow
Indistractable
Civilized to Death
The Art of Spirited Away
Building the Intentional University
Twenty Thousand Leagues Under the Sea
A Story Lately Told
The Power of Full Engagement
Immortality
The Great Convergence
The Essential Scratch and Sniff Guide to Becoming a Wine Expert
Tales of the Unexpected
SuperFreakonomics
Friday Black
Undaunted Courage
House of Morgan
1,000 Foods To Eat Before You Die
Watchmen
Powering the Future
The Long Tail
Molecular Biology of the Cell
The Story of the Human Body
A Gentleman in Moscow
Race Against The Machine
A Curious Mind
Soon I Will Be Invincible
The Two-Parent Privelege
A Pattern Language
Home Economics
In Over Our Heads
The Upside of Inequality
How to Fail at Almost Everything and Still Win Big
Now, Discover Your Strengths
Edison
Tribe of Mentors
The World We Have Lost
Sailing Alone Around The World
The Culture Code
The Water Dancer
Rational Expectations
David Bowie
Devil's Harbor
The Conquest of Gaul
Farsighted
No Two Alike
The Back of the Napkin
The Hate U Give
The Secret Life of Salvador Dalí