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Book Details
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Book Synopsis
In the century after the Civil War, an economic
revolution improved the American standard of living in
Pages : 784 pages
ways previously unimaginable. Electric lighting, indoor
Publisher : Princeton University Press 2016-01-12 plumbing, motor vehicles, air travel, and television
transformed households and workplaces. But has that
Language : English
era of unprecedented growth come to an end? Weaving
ISBN-10 : 0691147728
together a vivid narrative, historical anecdotes, and
ISBN-13 : 9780691147727
economic analysis, The Rise and Fall of American Growth
challenges the view that economic growth will continue
unabated, and demonstrates that the life-altering scale
of innovations between 1870 and 1970 cannot be
repeated. Gordon contends that the nation s productivity
growth will be further held back by the headwinds of
rising inequality, stagnating education, an aging
population, and the rising debt of college students and
the federal government, and that we must find new
solutions. A critical voice in the most pressing debates of
our time, The Rise and Fall of American Growth is at
once a tribute to a century of
Author : Robert J. Gordon