The Rise And Fall Of American Growth by Robert J. Gordon
The U.S. Standard of Living Since the Civil War
This book provides a comprehensive analysis of the unprecedented economic growth in the United States from the late 19th century into the early 21st century, arguing that the period from 1870 to 1970 was a unique era of technological innovation that dramatically transformed living standards. The author contends that the pace of growth and innovation has significantly slowed since the 1970s, and the rapid improvements in quality of life experienced during the earlier period are unlikely to be replicated due to various headwinds, including demographic shifts, rising inequality, and environmental constraints. Through a detailed examination of economic data and historical trends, the book challenges the assumption that future technological advances will continue to drive high levels of economic growth and societal progress.
The 8020th greatest book of all time
- Published
- 2016
- Nationality
- American
- Length
- Long
- Pages
- 762
- Original Language
- English
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- Alternate Titles
- None
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