The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War
| Author | : | |
| Rating | : | 4.68 (933 Votes) |
| Asin | : | B01ITPUXEU |
| Format Type | : | |
| Number of Pages | : | 370 Pages |
| Publish Date | : | 2013-04-05 |
| Language | : | English |
DESCRIPTION:
It's All about Growth Northwestern economics professor Robert Gordon has a written a mostly very good and a very long book (762 pages in the print edition) on the history of economic growth in the United States from 1870 to the present. In his view it is all about the rise and fall of total factor productivity (the gains in output not due. "Does Growth Matters When People Cannot Make a Living?" according to Knowledge Bee. The author has a wealth of knowledge. Writing a book spanning across almost 150 years of history is no small task. What impressed me most is the author's knowledge on so many different topics. The author has done an excellent job in organizing the materials and makes it easy to read.Setting aside the reference pages,. A profoundly important book and a great read Mark Witte I think of Rashomon; a gripping story told from a series of different angles, each reinforcing but also changing our perspective on what we learned in the others. Gordon breaks America's unprecedented rise in quality of life into two periods, 1870-1940 and 1940-2015. In the first period and then the second, he lays o
Gordon warns that the younger generation may be the first in American history that fails to exceed their parents' standard of living, and that rather than depend on the great advances of the past, we must find new solutions to overcome the challenges facing us. But has that era of unprecedented growth come to an end? Gordon challenges the view that economic growth can or will continue unabated, and he demonstrates that the life-altering scale of innovations between 1870 and 1970 can't be repeated. Electric lighting, indoor plumbing, home appliances, motor vehicles, air travel, air conditioning, and television transformed households and workplaces. A critical voice in the debates over economic stagnation, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.. Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and