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
Hackers
A Good Man
The Trial
Secrets of Power Negotiating
The Complete Sherlock Holmes
We Wish To Inform You
Accidental Presidents
A History of Rome
Flow
Power Failure
The Diamond Age
The Pattern Seekers
Virtual Society
End The Fed
Artificial Intelligence
The Fever
The Aeneid
The Iliad
The Brief Wondrous Life of Oscar Wao
Energy Myths and Realities
Civilized to Death
Applied Minds
Superintelligence
Sex, Ecology, Spirituality
America's War for the Greater Middle East
Tao of Philosophy
Rick and Morty Book Four
The Crisis of Global Capitalism
The $12 Million Stuffed Shark
The Virgin Suicides
The Four
Super Pumped
The 48 Laws of Power
True Believer
For the Love of the Land
Clocks and Culture
Atomic Habits
The Two-Parent Privelege
Psychopolitics
The Information
The Gospel of Wealth
The Autobiography of Benjamin Franklin
The Beginning Of Infinity
The World We Have Lost
But What If We're Wrong?
Capitalism Without Capital
The Captive Mind
Fooling Some of the People All of the Time
The Jordan Rules
The Gutsy Girl
Prelude to Foundation
Fermat's Enigma
The Heart
Hyperion
Farmer's Progress
Reality Is Not What It Seems
The Second Mountain
The Third Wave
Who Really Matters
The Right Call
That Will Never Work
Think on These Things
The Great Gatsby
Schulz and Peanuts
Academically Adrift
It's All Too Much
The Outsiders
Trump
The Book of Awakening
History of the World
When The Heavens Went on Sale
The Making of an American Thinking Class
The Dip
The Tiger
From Headless Chicken to Golden Goose
Andy Grove
Explaining Social Behavior
Sapiens
No Applause - Just Throw Money
The 4 Hour Work Week
The Female Brain
The Middleman
The AI Revolution in Medicine
Flu
Hackers and Painters
Folk Devils and Moral Panics
The French Revolution and What Went Wrong
The Accidental Universe
Hooked
Dapper Dan
The Time Machine
Red Notice
Necessary Dreams
The Jungle Book
The Great Crash of 1929
Virus of the Mind
Drunk Tank Pink
Trader Vic
Liberating Learning
The Man Who Invented Fidel