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The rise and fall of American growth

the U.S. standard of living since the Civil War
Verfasser*in: Suche nach Verfasser*in Gordon, Robert J.
Verfasser*innenangabe: Robert J. Gordon
Jahr: 2016
Verlag: Princeton ; Oxford, Princeton University Press
Mediengruppe: Buch
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Inhalt

VERLAGSTEXT:
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.
REZENSION: / "The story of our standard of living is a vital part of American history and is well told in this fascinating book. Gordon provides colorful details and striking statistics about how the way we live has changed, and he asks whether we will live happily ever after. His answer will surprise you and challenge conventional assumptions about the future of economic growth. This book is a landmark--there is nothing else like it." --Robert Solow, Nobel Laureate in Economics / "A towering achievement that will utterly transform the debate on U.S. productivity and growth. Robert Gordon chronicles the stunning swiftness with which American lives have advanced since 1870, and raises profound questions about whether we have benefitted from one-offs that cannot be repeated. Combining eloquent description with forceful and clear economic analysis, Gordon's voice is gripping and compelling. This is economic history at its best."--Kenneth S. Rogoff, coauthor of This Time Is Different / "The Rise and Fall of American Growth is a tour de force with an immensely important bottom line. It is packed, page after page, with insights and facts that every reader will find fascinating and new. A profound book that also happens to be a marvelous read."--George Akerlof, Nobel Laureate in Economics / "Keynes dismissed concerns about economic trends by remarking that in the long run, we are all dead. Gordon turns this upside down by reminding us that we inherited somebody else's long run. If you care about the legacy we will leave future generations, read this richly detailed account of America's amazing century of growth."--Paul Romer, New York University

Details

Verfasser*in: Suche nach Verfasser*in Gordon, Robert J.
Verfasser*innenangabe: Robert J. Gordon
Jahr: 2016
Verlag: Princeton ; Oxford, Princeton University Press
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Systematik: Suche nach dieser Systematik GW.TM, FS.E
Interessenkreis: Suche nach diesem Interessenskreis Englisch [Sprache]
ISBN: 0-691-14772-8
2. ISBN: 978-0-691-14772-7
Beschreibung: XII, 762 Seiten : Illustrationen
Schlagwörter: Geschichte, USA, Wirtschaftsentwicklung, Amerika (USA), EEUU (Abkürzung), Estados Unidos de America, Etats Unis, Etats-Unis, Landesgeschichte, Meiguo, Nordamerika <USA>, Ortsgeschichte, Regionalgeschichte, US (Abkürzung), United States, United States of America, Vereinigte Staaten, Vereinigte Staaten von Nordamerika, Wirtschaftsdynamik, Wirtschaftswandel, Zeitgeschichte, Ökonomische Entwicklung
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Sprache: Englisch
Fußnote: Includes bibliographical references (pages 667-743) and index
Mediengruppe: Buch