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The Rise and Fall of American Growth

The U.S. Standard of Living since the Civil War
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( 2,174 ratings, 307 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
The Rise and Fall of American Growth explores the remarkable century after the Civil War when innovations like electric lighting, indoor plumbing, motor vehicles, air travel, and television radically transformed American life and productivity. Robert J. Gordon argues that this era of unprecedented economic growth from 1870 to 1970 is unlikely to be repeated, as current challenges such as rising inequality, stagnating education, an ageing population, and increasing debt threaten future productivity gains. This book serves as both a tribute to a century of immense change and a warning of potentially tougher economic times ahead.
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

Ideal for readers interested in economic history, policy makers, students, and anyone concerned with the future of economic growth and societal development in the United States.

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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, histor

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

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.

Series: The Princeton Economic History of the Western World

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    In The Rise and Fall of American Growth, Robert J. Gordon provides a compelling chronicle of America's economic surge from 1870 to 1970โ€”a century characterised by transformative innovations that dramatically elevated the quality of life for its citizens. Gordon delves into the profound shifts initiated by pivotal technological advancements such as electric lighting, indoor plumbing, motor vehicles, air travel, and...
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Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Acclaimed as a New York Times Bestseller and winner of multiple prestigious awards including the 2017 Excellence in Financial Journalism Book Award and the 2017 PROSE Award in U.S. History, The Rise and Fall of American Growth has earned recognition from prominent publications such as Bloomberg, The Economist, Financial Times, and The Wall Street Journal. It is celebrated for its compelling economic analysis and engaging historical narrative, frequently cited among the best nonfiction and economics books of the year.

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Book Details

INFORMATION

ISBN: 9780691147727

Publisher: Princeton University Press

Format: Hardback

Date Published: 12 January 2016

Country: United States

Imprint: Princeton University Press

Illustration: 60 b/w illus. 64 tables.

Audience: Tertiary education, Professional and scholarly

DIMENSIONS

Width: 152.0mm

Height: 235.0mm

Weight: 1418g

Pages: 784

About the Author

Robert J. Gordon is professor in social sciences at Northwestern University. His books include Productivity Growth, Inflation, and Unemployment and Macroeconomics. Gordon was included in the 2016 Bloomberg list of the nation's most influential thinkers.

Also by Robert J. Gordon

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  • The Rise and Fall of American Growth
    In The Rise and Fall of American Growth, Robert J. Gordon provides a compelling chronicle of America's economic surge from 1870 to 1970โ€”a century characterised by transformative innovations that dramatically elevated the quality of life for its citizens. Gordon delves into the profound shifts initiated by pivotal technological advancements such as electric lighting, indoor plumbing, motor vehicles, air travel, and...
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