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008 230105b ||||| |||| 00| 0 eng d
020 _a9780691175805
082 _a339.420973
_bGOR
100 _aGordon, Robert J
_913277
245 _aThe rise and fall of American growth:
_bthe U.S. standard of living since the Civil War
260 _bPrinceton University Press
_aPrinceton
_c2016
300 _axii, 768 p.
365 _aUSD
_b24.95
520 _aIn 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.
650 _aCost and standard of living
_913278
650 _aEconomic history
_913119
942 _2ddc
_cBK
999 _c3972
_d3972