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
History Has Begun
The God Proof
Buffett
An Elegant Defense
Competition Demystified
Diaminds
The Inevitable
The Checklist Manifesto
Thai Stick
Live Free or Die
Leonardo Da Vinci
A Random Walk Down Wall Street
Total Freedom
Shook One
The Light Of Other Days
The Tyrrany of Guilt
The Warren Buffett Way
Zurich International Chess Tournament, 1953
Off The Record
Physics from Finance
Everything Happens For a Reason
The Art Of Doing Science And Engineering
An Astronaut's Guide to Life on Earth
Ghost Fleet
Conspiracy of Fools
How to Teach Your Baby to Read
The Future Is Faster Than You Think
Startups
We Are The Nerds
The Autobiography of Malcolm X
Tribe
The Alchemy of Air
The Death and Life of Great American Cities
A Confederacy of Dunces
The Spy and The Traitor
Born to Run
Million Dollar Weekend
The 10,000 Year Explosion
A Life
One Simple Idea
The Obstacle Is the Way
In Pursuit of the Common Good
Zen in the Art of Archery
The Ones We Have Been Waiting For
The Hitchhikers Guide to the Galaxy
What It Takes
The Song of the Cell
Scaling People
Accidental Presidents
I am Anne Frank
Deng Xiaoping and The Transformation of China
I Think, Therefore I Laugh
A Bold Return to Giving a Damn
The Art of Living and Dying
The Complete Calvin and Hobbes
The Spider Network
The Tartar Steppe
Technopoly
In Defense of a Liberal Education
The River War
The Dream Machine
The Story of Design
Leaders
Why Information Grows
The Price of Tomorrow
Virtual Economies
Adaptive Markets
Grit
The Infidel and the Professor
Virtual Society
Foundation and Earth
The Robotics Primer
The Black Dahlia
Payoff
The Princeton Companion to Mathematics
King Lear
Remote: Office Not Required
Game of Thorns
The Basic Laws of Human Stupidity
Complexity
Leonardo Da Vinci
The 4 Hour Body
The Gospel of Wealth
Winning
Dune Messiah
More Heat Than Light
An Inconvenient Truth
The Utopia of Rules
Out of Mao's Shadow
The Three Body Problem
The Science of Success
How To Win at the Sport of Business
Hell Yeah or No
The Oz Principle
The Great Rupture
The Promise of a Pencil
The Great Illusion
The Venture Mindset
The Age of Entitlement
The World