The Rise And Fall Of American Growth

Author : Robert J. Gordon
Publisher : Princeton University Press
ISBN 13 : 1400888956
Total Pages : 785 pages
Book Rating : 4.55/5 ( download)

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Download or read book The Rise and Fall of American Growth written by Robert J. Gordon and published by Princeton University Press. This book was released on 2017-08-29 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and 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 radical change and a harbinger of tougher times to come.

Author : Geir Lundestad
Publisher : Oxford University Press
ISBN 13 : 0199646104
Total Pages : 221 pages
Book Rating : 4.04/5 ( download)

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Download or read book The Rise and Decline of the American "Empire" written by Geir Lundestad and published by Oxford University Press. This book was released on 2012-03-08 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Rise and Decline of the American "Empire" explores the rapidly growing literature on the rise and fall of the United States. Lundestad argues that after 1945 the US has definitely been the most dominant power the world has seen. Now, however, he argues the US is in decline, its economic growth is slow and its debt is rising rapidly.

Author : Dietrich Vollrath
Publisher : University of Chicago Press
ISBN 13 : 0226820041
Total Pages : 273 pages
Book Rating : 4.40/5 ( download)

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Download or read book Fully Grown written by Dietrich Vollrath and published by University of Chicago Press. This book was released on 2022-06-24 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vollrath challenges our long-held assumption that growth is the best indicator of an economy’s health. Most economists would agree that a thriving economy is synonymous with GDP growth. The more we produce and consume, the higher our living standard and the more resources available to the public. This means that our current era, in which growth has slowed substantially from its postwar highs, has raised alarm bells. But should it? Is growth actually the best way to measure economic success—and does our slowdown indicate economic problems? The counterintuitive answer Dietrich Vollrath offers is: No. Looking at the same facts as other economists, he offers a radically different interpretation. Rather than a sign of economic failure, he argues, our current slowdown is, in fact, a sign of our widespread economic success. Our powerful economy has already supplied so much of the necessary stuff of modern life, brought us so much comfort, security, and luxury, that we have turned to new forms of production and consumption that increase our well-being but do not contribute to growth in GDP. In Fully Grown, Vollrath offers a powerful case to support that argument. He explores a number of important trends in the US economy: including a decrease in the number of workers relative to the population, a shift from a goods-driven economy to a services-driven one, and a decline in geographic mobility. In each case, he shows how their economic effects could be read as a sign of success, even though they each act as a brake of GDP growth. He also reveals what growth measurement can and cannot tell us—which factors are rightly correlated with economic success, which tell us nothing about significant changes in the economy, and which fall into a conspicuously gray area. Sure to be controversial, Fully Grown will reset the terms of economic debate and help us think anew about what a successful economy looks like.

Author : Mancur Olson
Publisher : Yale University Press
ISBN 13 : 0300254067
Total Pages : 296 pages
Book Rating : 4.68/5 ( download)

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Download or read book The Rise and Decline of Nations written by Mancur Olson and published by Yale University Press. This book was released on 2022-01-01 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A compelling theory on the rationale for the changing fortunes of nations"--Publisher's website.

Author : Rana Foroohar
Publisher : Currency
ISBN 13 : 0553447254
Total Pages : 402 pages
Book Rating : 4.55/5 ( download)

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Download or read book Makers and Takers written by Rana Foroohar and published by Currency. This book was released on 2017-09-12 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is Wall Street bad for Main Street America? "A well-told exploration of why our current economy is leaving too many behind." —The New York Times In looking at the forces that shaped the 2016 presidential election, one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum. A key reason, says Financial Times columnist Rana Foroohar, is the fact that Wall Street is no longer supporting Main Street businesses that create the jobs for the middle and working class. She draws on in-depth reporting and interviews at the highest rungs of business and government to show how the “financialization of America”—the phenomenon by which finance and its way of thinking have come to dominate every corner of business—is threatening the American Dream. Now updated with new material explaining how our corrupted financial sys­tem propelled Donald Trump to power, Makers and Takers explores the confluence of forces that has led American businesses to favor balance-sheet engineering over the actual kind, greed over growth, and short-term profits over putting people to work. From the cozy relationship between Wall Street and Washington, to a tax code designed to benefit wealthy individuals and corporations, to forty years of bad policy decisions, she shows why so many Americans have lost trust in the sys­tem, and why it matters urgently to us all. Through colorful stories of both “Takers,” those stifling job creation while lining their own pockets, and “Makers,” businesses serving the real economy, Foroohar shows how we can reverse these trends for a better path forward.

Author : Jefferson Cowie
Publisher : Princeton University Press
ISBN 13 : 069117573X
Total Pages : 286 pages
Book Rating : 4.37/5 ( download)

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Download or read book The Great Exception written by Jefferson Cowie and published by Princeton University Press. This book was released on 2017-04-18 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the New Deal was a unique historical moment and what this reveals about U.S. politics, economics, and culture Where does the New Deal fit in the big picture of American history? What does it mean for us today? What happened to the economic equality it once engendered? In The Great Exception, Jefferson Cowie provides new answers to these important questions. In the period between the Great Depression and the 1970s, he argues, the United States government achieved a unique level of equality, using its considerable resources on behalf of working Americans in ways that it had not before and has not since. If there is to be a comparable battle for collective economic rights today, Cowie argues, it needs to build on an understanding of the unique political foundation for the New Deal. Anyone who wants to come to terms with the politics of inequality in the United States will need to read The Great Exception.

Author : Robert J. Gordon
Publisher : Princeton University Press
ISBN 13 : 0691175802
Total Pages : 784 pages
Book Rating : 4.05/5 ( download)

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Download or read book The Rise and Fall of American Growth written by Robert J. Gordon and published by Princeton University Press. This book was released on 2017-08-29 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and 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. Robert 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 radical change and a harbinger of tougher times to come.

Author : Instaread Summaries
Publisher : Idreambooks
ISBN 13 : 9781683780489
Total Pages : 32 pages
Book Rating : 4.85/5 ( download)

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Download or read book Summary of The Rise and Fall of American Growth written by Instaread Summaries and published by Idreambooks. This book was released on 2016-04-29 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : InstaRead Summaries Staff
Publisher :
ISBN 13 : 9781533102591
Total Pages : 0 pages
Book Rating : 4.97/5 ( download)

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Download or read book Summary of the Rise and Fall of American Growth written by InstaRead Summaries Staff and published by . This book was released on 2016-05-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Summary of The Rise and Fall of American Growth by Robert J. Gordon | Includes Analysis Preview: The Rise and Fall of American Growth is an analysis of American growth from 1870 to the present. It focuses especially on the unprecedented "special century" of 1870-1970. Throughout most of human history, economic growth was basically flat or advanced very slowly. After the Civil War in the United States, however, life began to improve exponentially. This was due to a series of "Great Inventions," including, most notably, electricity, the means of channeling and directing electricity, and the internal combustion engine. Homes became tied to systems of electricity, heat, and sewage. The last was particularly important, as cleaner water, abetted by new medicines that immunized against childhood disease, led to a dramatic drop in infant and child mortality. The progress between 1870 and 1970 is routinely underestimated by measures of gross domestic product (GDP) because GDP does not measure the quality of life improvement by increased life expectancy... PLEASE NOTE: This is key takeaways and analysis of the book and NOT the original book. Inside this Instaread Summary of The Rise and Fall of American Growth · Overview of the book · Important People · Key Takeaways · Analysis of Key Takeaways About the Author With Instaread, you can get the key takeaways, summary and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

Author : Shortcut Edition
Publisher : Shortcut Edition
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4./5 ( download)

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Download or read book SUMMARY - The Rise And Fall Of American Growth: The U.S. Standard Of Living Since The Civil War By Robert J. Gordon written by Shortcut Edition and published by Shortcut Edition. This book was released on 2021-06-05 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: * Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes. As you read this summary, you will learn that the American growth of the 1870-1970's is a very unique phenomenon that will not be repeated. You will also learn : that the end of the Second World War did not put an end to the prodigious American economic growth born of the war; that inequalities in education are constantly increasing in the United States; that the second industrial revolution has turned man's daily life upside down in all areas; that the boom of the new economy is well and truly over; that economic history accelerated only two centuries ago; that American growth did not evolve in a linear fashion in the 20th century. Economic growth fluctuates widely over time. For eight centuries, between the end of the Roman Empire in 476 and the first part of the Middle Ages, there was no economic growth at all. In the United States, the century following the Civil War, approximately from 1870 to 1970, was the century of revolutions. Revolutions that did not take place in Congress or in government departments, but in homes, in factories, in stores, and in classrooms. Revolutions that were very discreet, but that have turned the daily life of humanity upside down: the radical transformation of the greatest economic growth that the human race has ever known. *Buy now the summary of this book for the modest price of a cup of coffee!