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001 ocn908084072
003 OCoLC
005 20160211173606.0
008 150723s2016 njua b 001 0 eng
010 2015027560
019 934513627
020 9780691147727|q(hardcover ;|qalk. paper)
020 0691147728|q(hardcover ;|qalk. paper)
035 (OCoLC)908084072|z(OCoLC)934513627
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050 00 HD6983|b.G69 2016
082 00 339.4/20973|223
100 1 Gordon, Robert J.|q(Robert James),|d1940-|eauthor.
245 14 The rise and fall of American growth :|bthe U.S. standard
of living since the Civil War /|cRobert J. Gordon.
264 1 Princeton :|bPrinceton University Press,|c[2016]
300 xii, 762 pages :|billustrations ;|c25 cm.
336 text|btxt|2rdacontent
337 unmediated|bn|2rdamedia
338 volume|bnc|2rdacarrier
490 1 The Princeton economic history of the Western world
504 Includes bibliographical references (pages 667-743) and
index.
505 0 Introduction: the ascent and descent of growth -- Part I.
1870-1940--The great inventions create a revolution inside
and outside the home. The starting point: life and work in
1870 -- What they ate and wore and where they bought it --
The American home: from dark and isolated to bright and
networked -- Motors overtake horses and rail: inventions
and incremental improvements -- From telegraph to talkies:
information, communication, and entertainment -- Nasty,
brutish, and short: illness and early death -- Working
conditions on the job and at home -- Taking and mitigating
risks: consumer credit, insurance, and the government --
Entr'acte. The midcentury shift from revolution to
evolution -- Part II. 1940-2015--The Golden Age and the
early warnings of slower growth. Fast food, synthetic
fibers, and split-level subdivisions: the slowing
transformation of food, clothing, and housing -- See the
USA in your Chevrolet or from a plane flying high above --
Entertainment and communications from Milton Berle to the
iPhone -- Computers and the internet from the mainframe to
Facebook -- Antibiotics, CT scans, and the evolution of
health and medicine -- Work, youth, and retirement at home
and on the job -- Entr'acte. Toward an understanding of
slower growth -- Part III. The sources of faster and
slower growth. The great leap forward from the 1920s to
the 1950s: what set of miracles created it? -- Innovation:
can the future match the great inventions of the past? --
Inequality and the other headwinds: long-run American
economic growth slows to a crawl -- Postscript: America's
growth achievement and the path ahead.
520 Examines the economic growth of the United States since
the Civil War, arguing that the rate of growth between
1870 and 1970 cannot be repeated and that a number of
issues are further stagnating the already slow rate of
productivity growth.
520 "In the century after the Civil War, an economic
revolution improved the American standard of living in
ways previously unimaginable. Electric lighting, indoor
plumbing, home appliances, motor vehicles, air travel, air
conditioning, and television transformed households and
workplaces. With medical advances, life expectancy between
1870 and 1970 grew from forty-five to seventy-two years.
Weaving together a vivid narrative, historical anecdotes,
and economic analysis, The Rise and Fall of American
Growth provides an in-depth account of this momentous era.
But has that era of unprecedented growth come to an end?
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."--Publisher's description.
648 7 Since 1865|2fast
650 0 Cost and standard of living|zUnited States|xHistory.
650 7 Cost and standard of living.|2fast|0(OCoLC)fst00880673
650 7 Economic history.|2fast|0(OCoLC)fst00901974
651 0 United States|xEconomic conditions|y1865-1918.
651 0 United States|xEconomic conditions|y1918-1945.
651 0 United States|xEconomic conditions|y1945-
651 7 United States.|2fast|0(OCoLC)fst01204155
655 7 History.|2fast|0(OCoLC)fst01411628
830 0 Princeton economic history of the Western world.
914 MID.b24673894
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