In 'The Rise and Fall of American Growth', economist Robert J. Gordon explores the transformative economic changes in the United States from the Civil War to the present day. He argues that the unprecedented growth in productivity and living standards during the early 20th century was a unique historical event that has now waned. As technological advances slow and inequality rises, Gordon challenges the optimistic narrative of perpetual progress. With a keen examination of historical data and cultural shifts, he raises questions about America’s future economic trajectory. This thought-provoking analysis invites readers to reconsider the sustainability of growth in an increasingly complex world.
By Robert J. Gordon
Published: 2016
"The past, with all its wonders and hardships, offers us a lens through which to understand the dizzying pace of change and the fundamental shifts that have defined the American experience."
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. 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.
Showing 8 of 27 similar books
John Doerr is an American venture capitalist and chairman of Kleiner Perkins, one of the most prominent venture capital firms in Silicon Valley. Doerr has backed some of the biggest names in tech, including Google, Amazon, and Netscape, and has played a crucial role in the rise of the internet economy. He is also the author of Measure What Matters, which popularized the concept of Objectives and Key Results (OKRs) as a method for goal-setting in organizations. Doerr is a passionate advocate for addressing climate change and has invested in clean energy startups to help combat global warming. His contributions to tech and sustainability have made him a leading figure in venture capital.
Marc Andreessen is an American entrepreneur, software engineer, and venture capitalist, best known for co-creating the Mosaic web browser, the first widely-used web browser, and co-founding Netscape. Andreessen is also the co-founder of Andreessen Horowitz, one of Silicon Valley’s most prominent venture capital firms, where he invests in groundbreaking technology companies like Facebook, Airbnb, and Coinbase. He is a thought leader on the impact of technology and innovation, often sharing his views on the future of the internet and startups. His contributions to the development of the web and the tech ecosystem have made him one of the most influential figures in technology.
Barack Obama is the 44th President of the United States, serving from 2009 to 2017. As the first African American president, Obama’s leadership marked a historic moment in American history. His administration focused on healthcare reform, economic recovery from the Great Recession, and environmental policies. He is best known for the Affordable Care Act, as well as his efforts to expand civil rights and restore diplomatic relations with Cuba. Since leaving office, Obama has continued to engage in public life through his foundation, focusing on leadership development, civic engagement, and global issues.
Jon Stewart is an American comedian, writer, and former host of The Daily Show, where he gained fame for his satirical take on news and politics. Stewart transformed The Daily Show into a critical voice in American media, blending humor with hard-hitting commentary on political and social issues. After stepping down from the show, Stewart has continued to advocate for causes like 9/11 first responders and veterans' rights. He is also a filmmaker, directing the political satire film Irresistible. Stewart remains a significant figure in American culture, known for his wit, activism, and influence on political discourse.
Brad Feld is a prominent American entrepreneur, venture capitalist, and author known for his influential work in the startup ecosystem. Co-founder of the Foundry Group, he has played a pivotal role in funding and mentoring early-stage technology companies. Feld is also a key figure behind the Techstars accelerator program, which has helped launch numerous successful startups. As an author, he has penned several essential books on entrepreneurship and venture capital, including "Venture Deals" and "Startup Communities," which provide invaluable insights for aspiring entrepreneurs and investors. His writings and active blogging have cemented his reputation as a thought leader in the tech and startup communities.
Daniel Petre is a distinguished Australian entrepreneur, author, and philanthropist known for his impactful contributions to the business and literary worlds. He co-founded the venture capital firm AirTree Ventures, which has significantly influenced the technology startup ecosystem in Australia. Petre has authored several influential books on technology and leadership, including "The Clever Country?" and "Father Time," which explore themes of innovation and work-life balance. His writing often reflects his deep commitment to shaping a forward-thinking, inclusive society. Beyond his literary and business endeavors, Petre is also recognized for his substantial philanthropic efforts, particularly in education and healthcare.
Bill Gates, co-founder of Microsoft Corporation, is a pioneering figure in the tech industry, having played a key role in the personal computer revolution. His work at Microsoft, particularly the development of Windows, transformed software and computing globally. Beyond his technology contributions, Gates is also a prolific author, with notable works such as "The Road Ahead" and "Business @ the Speed of Thought," which offer insights into the future of technology and business. Additionally, his philanthropic efforts through the Bill & Melinda Gates Foundation have had a profound impact on global health, education, and poverty. Gates continues to influence both technology and literature with his forward-thinking perspectives and innovative ideas.
Adam Grant is a renowned organizational psychologist and bestselling author, celebrated for his influential work on motivation and workplace dynamics. He is a professor at the Wharton School of the University of Pennsylvania, where he has been the youngest tenured professor and earned numerous teaching awards. Grant's books, including "Give and Take," "Originals," and "Think Again," have been translated into multiple languages and have topped bestseller lists worldwide. His research and insights are frequently featured in major media outlets, and he hosts the popular podcast "WorkLife." Through his writing and speaking, Grant has profoundly impacted the fields of psychology, business, and education.
“The past, with all its wonders and hardships, offers us a lens through which to understand the dizzying pace of change and the fundamental shifts that have defined the American experience.”
The Rise and Fall of American Growth
By Robert J. Gordon
Discover a world of knowledge through our extensive collection of book summaries.
Robert J. Gordon is an acclaimed author and academic best known for his insightful analysis of economic history and innovation. His notable works include 'The Rise and Fall of American Growth,' which received widespread praise for its thorough exploration of the economic transformations in America over the past century. Gordon's writing is characterized by meticulous research and a clear, engaging style that appeals to both scholars and general readers. He has contributed significantly to discussions on productivity, innovation, and economic policy, making him a prominent voice in contemporary economic discourse.
Key information about the book.
Support local bookstores: BookShop gives a portion of each sale to independent bookshops!
In 'The Great Transformation,' Karl Polanyi explores the radical shifts in economic and social structures that shaped modern society during the Industrial Revolution. He argues that the rise of the market economy led to profound disruptions in community life and environmental balance. Polanyi challenges the notion of self-regulating markets, revealing the hidden social costs of laissez-faire capitalism. Through historical examples, he illustrates the tension between economy and society, emphasizing the need for protective measures. This thought-provoking work invites readers to reconsider the relationship between markets and social welfare in contemporary life.
In 'This Cheese is Nuts!', Julie Piatt takes readers on a mouth-watering journey into the world of plant-based cheese-making. With a blend of creativity and nutrition, she turns traditional cheese on its head, crafting unique, delicious, nut-based alternatives. This cookbook brims with innovative recipes that cater to both cashew enthusiasts and those seeking dairy-free options. As readers dive into these culinary delights, they'll discover the health benefits of nuts and the joy of sustainable eating. Get ready to unleash your inner cheese lover without sacrificing your values!
In 'The General Theory of Employment, Interest and Money,' John Maynard Keynes challenges the classical economics that dominated before the Great Depression. He introduces revolutionary ideas about how government intervention can stabilize economies and control unemployment. Through compelling arguments, he dissects the causes of economic fluctuations and proposes innovative solutions. Keynes's work not only reshapes the understanding of macroeconomics but also ignites debates that resonate even today. Are his insights the key to unlocking a prosperous economic future or just a theory lost in complexity?
In 'Food of the Gods,' Terence McKenna takes readers on a riveting exploration of humanity's relationship with psychoactive plants and their role in culture, spirituality, and consciousness. He argues that these natural substances can be catalysts for profound revelations and creative breakthroughs, challenging the boundaries of perception. McKenna weaves together history, science, and his personal experiences to paint a vivid picture of a world where superfoods may unlock hidden potential within us. As he delves into the impact of industrialization and the loss of traditional practices, he raises urgent questions about the future of human well-being. This provocative read invites readers to reconsider the nature of reality and the power of nature in influencing mind and culture.
In "For the Win," Kevin Werbach and Dan Hunter explore how online games can influence real-world economics and social change. The authors dive into the vibrant world of virtual economies, revealing how game mechanics can incentivize cooperation and innovation. Through compelling examples, they demonstrate the potential of gamification to solve complex global issues, from labor rights to environmental sustainability. This thought-provoking work challenges readers to reconsider the interplay between gaming and everyday life. Will you see video games as mere entertainment or as powerful tools for transformation?
In 'Auberge Of The Flowering Hearth,' Roy Andries De Groot invites readers to a sensory journey through the enchanting world of gourmet cooking. Set in a charming inn, each chapter reveals the rich tapestry of flavors and traditions that shape the art of cuisine. As De Groot shares his culinary escapades, he uncovers profound connections between food, culture, and memory. The narrative tantalizes with vivid descriptions that bring each dish to life, evoking a desire to taste and experience. This book is not just a cookbook; it's an ode to the joy and creativity found in the heart of the kitchen.
In 'Big, Hot, Cheap, and Right', Erica Grieder explores the allure and challenges of Texas, a state that embodies a unique blend of opportunity and excess. Through captivating anecdotes, she reveals how the Texan spirit fuels innovation and economic growth, while also grappling with issues of inequality and environmental impact. Grieder invites readers to confront the complexities of a land where everything seems bigger, hotter, and more affordable. As the narrative unfolds, it becomes clear that Texas is not just a place, but a mindset that can offer lessons for the rest of America. Will the boldness of Texas inspire the nation to rethink what it means to thrive?
In 'I'll Drink to That,' legendary personal shopper Betty Halbreich shares her vibrant life story, woven with tales of fashion, fame, and resilience. With a keen eye for style and a sharp wit, she reveals the secrets behind the glamour of the elite. Her candid reflections on love, loss, and self-discovery highlight the personal struggles often hidden beneath a polished exterior. A fascinating blend of memoir and life lessons, Halbreich's narrative invites readers into the intriguing world of high fashion and personal reinvention. Prepare to be inspired and entertained by a woman who has dressed the rich and famous while staying true to herself.