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
Behave
Body by Science
The Fatal Conceit
More Than Enough
The Woman I Wanted to Be
This Is Your Brain on Music
What Technology Wants
Tao of Philosophy
Probability Theory
Deep Learning
Birth of a Theorem
An Unquiet Mind
Product Design for the Web
Brave New Medicine
The Silk Roads
Consciousness Medicine
In Patagonia
Play Bigger
The Upright Thinkers
Filters Against Folly
No Future Without Forgiveness
The New One Minute Manager
Learned Optimism
Painting and Experience in Fifteenth-Century Italy
Radical Uncertainty
Seven Brief Lessons on Physics
State of the Art
Portraits of Interiors
The Constitutional Convention
American Lion
The Politics Industry
SuperFreakonomics
Born Standing Up
Frames of Mind
The Sleep Revolution
The Healing Journey
The Great Convergence
Too Soon Old, Too Late Smart
The Second Mountain
The Watchman's Rattle
One Billion Hungry
The Eden Project
The Book of Awakening
High Fidelity
My Brother Ron
Reality Is Not What It Seems
Into Thin Air
Calculus Made Easy
Tree Crops
René Girard's Mimetic Theory
She Has Her Mother's Laugh
The Status Syndrome
On the Genealogy of Morals
Shortcut
Why Information Grows
How to Stop Worrying and Start Living
Jack
Economics in One Lesson
Way of the Warrior Kid 3
Breath
Everything Happens For a Reason
The Soul of the World
Water in Plain Sight
Anna Karenina
Call of the Reed Warbler
Metaphors We Live By
The Copernican Revolution
Blankie
Getting Past No
The Undercover Economist
Rick and Morty Book Three
Fooled By Randomness
Build The Life You Want
DMT: The Spirit Molecule
The Jungle Book
The Great Crash of 1929
Data-Driven Marketing
Matter
Sapiens
The Jordan Rules
Black Flags
Modern Man in Search of a Soul
We Wish To Inform You
The Reasonableness of Christianity
Beyond The Blue
Feeding the Dragon
Posterity: Letters of Great Americans to Their Children
Jonathan Livingston Seagull
A Woman Makes a Plan
Trauma
Essentialism
Humans Need Not Apply
On Grief and Grieving
The Graveyard Book
Down to Earth
Food and Nutrition
Mindware
Amusing Ourselves to Death
Rick and Morty Book One
Unravelling the Double Helix