The Rise and Fall of American Growth
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북카드
Gordon challenges the view that economic growth can or will continue unabated, and he demonstrates that the life-altering scale of innovations between 1870 and 1970 can't be repeated. He contends that the nation's productivity growth, which has already slowed to a crawl, will be further held back by the vexing headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government. Gordon warns that the younger generation may be the first in American history that fails to exceed their parents' standard of living, and that rather than depend on the great advances of the past, we must find new solutions to overcome the challenges facing us.
A critical voice in the debates over economic stagnation, 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.
작가정보
저자(글) Gordon, Robert J.
Robert J. Gordon is the Stanley G. Harris Professor in the Social Sciences at Northwestern University. His books include Productivity Growth, Inflation, and Unemployment and Macroeconomics. Gordon was included in the 2013 Bloomberg list of the nation’s most influential thinkers.
목차
- Preface ix
1. Introduction: The Ascent and Descent of Growth 1
PART I. 1870-1940--THE GREAT INVENTIONS CREATE A REVOLUTION INSIDE AND OUTSIDE THE HOME 25
2. The Starting Point: Life and Work in 1870 27
3. What They Ate and Wore and Where They Bought It 62
4. The American Home: From Dark and Isolated to Bright and Networked 94
5. Motors Overtake Horses and Rail: Inventions and Incremental Improvements 129
6. From Telegraph to Talkies: Information, Communication, and Entertainment 172
7. Nasty, Brutish, and Short: Illness and Early Death 206
8. Working Conditions on the Job and at Home 247
9. Taking and Mitigating Risks: Consumer Credit, Insurance, and the Government 288
Entr'acte. The Midcentury Shift from Revolution to Evolution 319
PART II. 1940-2015--THE GOLDEN AGE AND THE EARLY WARNINGS OF SLOWER GROWTH 329
10. Fast Food, Synthetic Fibers, and Split-Level Subdivisions: The Slowing Transformation of Food, Clothing, and Housing 331
11. See the USA in Your Chevrolet or from a Plane Flying High Above 374
12. Entertainment and Communications from Milton Berle to the iPhone 409
13. Computers and the Internet from the Mainframe to Facebook 441
14. Antibiotics, CT Scans, and the Evolution of Health and Medicine 461
15. Work, Youth, and Retirement at Home and on the Job 498
Entr'acte. Toward an Understanding of Slower Growth 522
PART III. THE SOURCES OF FASTER AND SLOWER GROWTH 533
16. The Great Leap Forward from the 1920s to the 1950s: What Set of Miracles Created It? 535
17. Innovation: Can the Future Match the Great Inventions of the Past? 566
18. Inequality and the Other Headwinds: Long-Run American Economic Growth Slows to a Crawl 605
Postscript: America's Growth Achievement and the Path Ahead 641
Acknowledgments 653
Data Appendix 657
Notes 667
References 717
Credits 741
Index 745
출판사 서평
"[T]his is a book well worth reading--a magisterial combination of deep technological history, vivid portraits of daily life over the past six generations and careful economic analysis. . . . This book will challenge your views about the future; it will definitely transform how you see the past."--Paul Krugman, New York Times Book Review
"The biggest challenge for studies of long-run growth is measuring not income but prices. We have records of how much money people earned in 1870 and of the sales of goods and services. But how should we compare an 1870 dollar with a 2015 dollar? We are so used to using a standard Consumer Price Index inflation adjustment that we forget the reckless assumptions needed to compare currency values across a century-and-a-half divide. . . . [The Rise and Fall of American Growth] is full of wonder for the miraculous things that America has accomplished."--Edward Glaeser, Wall Street Journal
"Mr. Gordon uses exhaustive historic data to buttress his thesis."--Greg Ip, Wall Street Journal
"A masterful study to be read and reread by anyone interested in today’s political economy."--Kirkus
"[A]n essential read for anyone interested not only in US economic history but also American economic prospects . . . a tremendous achievement."--Diane Coyle, Enlightened Economist
"Normally, these kinds of big-think books end with a whimper, as the author totally fails to identify solutions to the problem he is writing about. But Gordon's conclusion offers some admirably definitive policy advice."--Matthew Yglesias, Vox
"Magnificent. . . . Even if history changes direction, and Mr. Gordon’s rise-and-fall thesis proves to be wrong, this book will survive as a superb reconstruction of material life in America in the heyday of industrial capitalism."--The Economist
기본정보
ISBN | 9780691147727 ( 0691147728 ) | ||
---|---|---|---|
발행(출시)일자 | 2016년 02월 23일 | ||
쪽수 | 768쪽 | ||
크기 |
160 * 239
* 56
mm
/ 1429 g
|
||
총권수 | 1권 | ||
언어 | 영어 | ||
시리즈명 |
Princeton Economic History of the Western World
|
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