The Rise and Fall of American Growth : The U.S. Standard of Living since the Civil War
by Robert J. Gordon
✅ Editor: Princeton University Press
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In the century after the Civil War, an economic revolution improving America’s standard of living in ways hitherto unimaginableElectrical lighting, plumbing, motor vehicles, travel air, and television have transformed households and workplaces.But in the age of unprecedented growth at its endWeaving a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of the American, the challenges of Growth estimated that economic growth will continue unabated, and demonstrates that the lifespan-changing scale of innovations between 1870 and 1970 can not be repeatedGordon argues that the nation, productivity growth will be more held back by the headwinds of rising inequality, stagnating education, aging population, and rising student debt in colleges and the federal government, and that we must find new solutionsA critical voice in the most pressing debates of our time, The Ascension and The Fall of American Growth is both a tribute to a century of radical change and a harbinger of a hardening of the times to come.
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