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The Rise and Fall of American Growth

The U.S. Standard of Living since the Civil War

Author: Robert J. Gordon

Publisher: Princeton University Press

ISBN:

Category: Business & Economics

Page: 784

View: 328

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.

The Rise and Fall of American Growth

The U.S. Standard of Living since the Civil War

Author: Robert J. Gordon

Publisher: Princeton University Press

ISBN:

Category: Business & Economics

Page: 784

View: 798

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.

The Rise and Fall of American Growth

by Robert J. Gordon | Summary & Analysis

Author: Instaread

Publisher: Instaread Summaries

ISBN:

Category: Business & Economics

Page: 32

View: 181

The Rise and Fall of American Growth by Robert J. Gordon | Summary & 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.

The Rise and Decline of Nations

Economic Growth, Stagflation, and Social Rigidities

Author: Mancur Olson

Publisher: Yale University Press

ISBN:

Category: Business & Economics

Page: 273

View: 500

A leading political economist advances a new theory to explain the postwar shifts in the relative economic fortunes and positions of various nations and regions

The Rise and Fall of the New Deal Order, 1930-1980

Author: Steve Fraser

Publisher: Princeton University Press

ISBN:

Category: History

Page: 311

View: 976

Essays discuss the Depression, the Cold War, the Great Society, and the Silent Majority

History of the Rise and Fall of the Slave Power in America

Author: Henry Wilson

Publisher:

ISBN:

Category: Slavery

Page:

View: 583

Japan: The System That Soured

The Rise and Fall of the Japanese Economic Miracle

Author: Richard Katz

Publisher: M.E. Sharpe

ISBN:

Category: Business & Economics

Page:

View: 466

Ten years ago, Japan was predicted to dominate the world's economy. Today, it seems too feeble even to rescue itself from its economic malaise. How could the world's most acclaimed economic miracle have stumbled so badly? Why were most experts in the U.S. and Japan caught off-guard? And why do Japan's leaders still deny the gravity of the situation? As this book explains, the root of Japan's problem is that it's economy and politics are still mired in the patterns of the 1950s-1960s. Back then, Japan's practices were brilliantly suited to engineering an unparalleled industrial takeoff. But, once Japan became a mature economy in the 1970's, continuing in the same old mold became a recipe for disaster. The Japanese system enshrined cartels and protectionism. It created a dual economy of super-strong exporters but woefully inefficient domestic sectors. It slowly and insipidiously sapped productivity, drove Japan's most effecient companies to invest overseas, and created the financial imbalances that are wreaking havoc today. Unfortunately, Japan's vested interests and political machines are so dependent on existing practices that resistance to reform is powerful. And yet, warns author Richard Katz, without sweeping political-economic renovation that goes far beyond mere deregulation, Japan is doomed to years of economic stagnancy, financial turmoil, and political gridlock. The challenging thesis articulated in this book is receiving widespread media attention in the United States and Japan and is sure to provoke continuing debate and controversy.

The Rise and Fall of State-Owned Enterprise in the Western World

Author: Pier Angelo Toninelli

Publisher: Cambridge University Press

ISBN:

Category: Business & Economics

Page: 320

View: 956

This book examines the twentieth-century rise and fall of state-owned enterprises in Western political economy.

History of Empires

Rise and Fall of the Greatest Empires in History

Author: Robert Dean

Publisher: Createspace Independent Publishing Platform

ISBN:

Category:

Page: 60

View: 363

War. Famine. Conquest. Death. Explore the rise and fall of history's greatest empires. History Of Empires: Rise and Fall of the Greatest Empires in History! Understanding The Roman Empire, American Empire, British Empire, & Much More is a thrilling study of empires whose leaders lost sight of their civic obligations, leading to revolts, social disruption, and inescapable destruction. Explore the rise and fall of dynasties in Imperial China including the Mandate of Heaven and the dawn of the Zhou dynasty; the rise of China's First Emperor, Qin Shi Huang; brutal civil war, and the reign of the Han; and the First Opium War and the Qing Empire. Investigate the rise of Sparta and its culture of courage and discipline, the defeat of Athens, the helot revolts that eroded Sparta's might and Sparta's decline into backwater obscurity following defeat by Thebes in the Battle of Leuctra. Witness the faith and folly of the Ottoman Empire as it grew into one of the most powerful states in the world, reigned supreme for over 600 years, and fell into stagnation and decline because of degenerate, lackadaisical or incompetent rulers. Glimpse the growth, consolidation, repeated defeat, and eventual dissolution of the Roman Empire. Examine Hammurabi's elevation of Babylon, The Gate of the Gods, to peace and prosperity and centuries of conflict that led to the city repeatedly being sacked, rebuilt, razed, and reborn, and eventually buried beneath the sands of time, literally and figuratively. Watch the sun rise and set on the British Empire as it rose to a dominant world superpower then plunged into war and financial ruin. Observe the colonization of North America and America's growth from humble beginnings, through civil unrest and socio-economic upheaval, to emerge somehow stronger. Journey through war, famine, conquest, and death with History Of Empires: Rise and Fall of the Greatest Empires in History! Understanding The Roman Empire, American Empire, British Empire, & Much More. Scroll up to get your copy now.

From Main Street to Mall

The Rise and Fall of the American Department Store

Author: Vicki Howard

Publisher: University of Pennsylvania Press

ISBN:

Category: Business & Economics

Page: 304

View: 111

The geography of American retail has changed dramatically since the first luxurious department stores sprang up in nineteenth-century cities. Introducing light, color, and music to dry-goods emporia, these "palaces of consumption" transformed mere trade into occasions for pleasure and spectacle. Through the early twentieth century, department stores remained centers of social activity in local communities. But after World War II, suburban growth and the ubiquity of automobiles shifted the seat of economic prosperity to malls and shopping centers. The subsequent rise of discount big-box stores and electronic shopping accelerated the pace at which local department stores were shuttered or absorbed by national chains. But as the outpouring of nostalgia for lost downtown stores and historic shopping districts would indicate, these vibrant social institutions were intimately connected to American political, cultural, and economic identities. The first national study of the department store industry, From Main Street to Mall traces the changing economic and political contexts that transformed the American shopping experience in the twentieth century. With careful attention to small-town stores as well as glamorous landmarks such as Marshall Field's in Chicago and Wanamaker's in Philadelphia, historian Vicki Howard offers a comprehensive account of the uneven trajectory that brought about the loss of locally identified department store firms and the rise of national chains like Macy's and J. C. Penney. She draws on a wealth of primary source evidence to demonstrate how the decisions of consumers, government policy makers, and department store industry leaders culminated in today's Wal-Mart world. Richly illustrated with archival photographs of the nation's beloved downtown business centers, From Main Street to Mall shows that department stores were more than just places to shop.

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