The Rise and Fall of American Growth

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The Rise and Fall of American Growth
Author: Robert J. Gordon
Publisher: Princeton University Press
Release Date: 2017-08-29
ISBN 10: 1400888956
Pages: 784 pages

The Rise and Fall of American Growth Book Summary : 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
Author: Robert J. Gordon
Publisher: Princeton University Press
Release Date: 2016-01-12
ISBN 10: 1400873304
Pages: 784 pages

The Rise and Fall of American Growth Book Summary : 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
Author: Instaread
Publisher: Instaread Summaries
Release Date: 2016-05-04
ISBN 10: 1683780590
Pages: 32 pages

The Rise and Fall of American Growth Book Summary : 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.

Age of Discovery
Author: Ian Goldin,Chris Kutarna
Publisher: St. Martin's Press
Release Date: 2016-05-24
ISBN 10: 1250085101
Pages: 320 pages

Age of Discovery Book Summary : The present is a contest between the bright and dark sides of discovery. To avoid being torn apart by its stresses, we need to recognize the fact—and gain courage and wisdom from the past. Age of Discovery shows how. Now is the best moment in history to be alive, but we have never felt more anxious or divided. Human health, aggregate wealth and education are flourishing. Scientific discovery is racing forward. But the same global flows of trade, capital, people and ideas that make gains possible for some people deliver big losses to others—and make us all more vulnerable to one another. Business and science are working giant revolutions upon our societies, but our politics and institutions evolve at a much slower pace. That’s why, in a moment when everyone ought to be celebrating giant global gains, many of us are righteously angry at being left out and stressed about where we’re headed. To make sense of present shocks, we need to step back and recognize: we’ve been here before. The first Renaissance, the time of Columbus, Copernicus, Gutenberg and others, likewise redrew all maps of the world, democratized communication and sparked a flourishing of creative achievement. But their world also grappled with the same dark side of rapid change: social division, political extremism, insecurity, pandemics and other unintended consequences of discovery. Now is the second Renaissance. We can still flourish—if we learn from the first.

The Rise and Decline of Nations
Author: Mancur Olson
Publisher: Yale University Press
Release Date: 1982
ISBN 10: 9780300030792
Pages: 273 pages

The Rise and Decline of Nations Book Summary : 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

Between Two Fires
Author: Joshua Yaffa
Publisher: Tim Duggan Books
Release Date: 2020
ISBN 10: 1524760595
Pages: 368 pages

Between Two Fires Book Summary : From a leading journalist in Moscow and correspondent for The New Yorker, a groundbreaking portrait of modern Russia and the inner struggles of the people who sustain Vladimir Putin's rule "Unforgettable. . . . This is a book about Putin's Russia that is unlike any other." --Patrick Radden Keefe, author of Say Nothing In this rich and novelistic tour of contemporary Russia, Joshua Yaffa introduces readers to some of the country's most remarkable figures--from politicians and entrepreneurs to artists and historians--who have built their careers and constructed their identities in the shadow of the Putin system. Torn between their own ambitions and the omnipresent demands of the state, each walks an individual path of compromise. Some muster cunning and cynicism to extract all manner of benefits and privileges from those in power. Others, finding themselves to be less adept, are left broken and demoralized. What binds them together is the tangled web of dilemmas and contradictions they face. Between Two Fires chronicles the lives of a number of strivers who understand that their dreams are best--or only--realized through varying degrees of cooperation with the Russian government. With sensitivity and depth, Yaffa profiles the director of the country's main television channel, an Orthodox priest at war with the church hierarchy, a Chechen humanitarian who turns a blind eye to persecutions, and many others. The result is an intimate and probing portrait of a nation that is much discussed yet little understood. By showing how citizens shape their lives around the demands of a capricious and frequently repressive state--as often by choice as under threat of force--Yaffa offers urgent lessons about the true nature of modern authoritarianism.

Fully Grown
Author: Dietrich Vollrath
Publisher: University of Chicago Press
Release Date: 2020-01-13
ISBN 10: 022666600X
Pages: 296 pages

Fully Grown Book Summary : Most economists would agree that a thriving economy is synonymous with GDP growth. The more we produce and consume, the higher our living standard and the more resources available to the public. This means that our current era, in which growth has slowed substantially from its postwar highs, has raised alarm bells. But should it? Is growth actually the best way to measure economic success—and does our slowdown indicate economic problems? The counterintuitive answer Dietrich Vollrath offers is: No. Looking at the same facts as other economists, he offers a radically different interpretation. Rather than a sign of economic failure, he argues, our current slowdown is, in fact, a sign of our widespread economic success. Our powerful economy has already supplied so much of the necessary stuff of modern life, brought us so much comfort, security, and luxury, that we have turned to new forms of production and consumption that increase our well-being but do not contribute to growth in GDP. In Fully Grown, Vollrath offers a powerful case to support that argument. He explores a number of important trends in the US economy: including a decrease in the number of workers relative to the population, a shift from a goods-driven economy to a services-driven one, and a decline in geographic mobility. In each case, he shows how their economic effects could be read as a sign of success, even though they each act as a brake of GDP growth. He also reveals what growth measurement can and cannot tell us—which factors are rightly correlated with economic success, which tell us nothing about significant changes in the economy, and which fall into a conspicuously gray area. Sure to be controversial, Fully Grown will reset the terms of economic debate and help us think anew about what a successful economy looks like.

The Rise And Fall of British Naval Mastery
Author: Paul Kennedy
Publisher: Penguin UK
Release Date: 2017-01-26
ISBN 10: 0141983833
Pages: 464 pages

The Rise And Fall of British Naval Mastery Book Summary : Paul Kennedy's classic naval history, now updated with a new introduction by the author This acclaimed book traces Britain's rise and fall as a sea power from the Tudors to the present day. Challenging the traditional view that the British are natural 'sons of the waves', he suggests instead that the country's fortunes as a significant maritime force have always been bound up with its economic growth. In doing so, he contributes significantly to the centuries-long debate between 'continental' and 'maritime' schools of strategy over Britain's policy in times of war. Setting British naval history within a framework of national, international, economic, political and strategic considerations, he offers a fresh approach to one of the central questions in British history. A new introduction extends his analysis into the twenty-first century and reflects on current American and Chinese ambitions for naval mastery. 'Excellent and stimulating' Correlli Barnett 'The first scholar to have set the sweep of British Naval history against the background of economic history' Michael Howard, Sunday Times 'By far the best study that has ever been done on the subject ... a sparkling and apt quotation on practically every page' Daniel A. Baugh, International History Review 'The best single-volume study of Britain and her naval past now available to us' Jon Sumida, Journal of Modern History

The Rise and Decline of the American
Author: Geir Lundestad
Publisher: OUP Oxford
Release Date: 2012-03-08
ISBN 10: 0191641006
Pages: 222 pages

The Rise and Decline of the American "Empire" Book Summary : The Rise and Decline of the American "Empire" explores the rapidly growing literature on the rise and fall of the United States. The author argues that after 1945 the US has definitely been the most dominant power the world has seen and that it has successfully met the challenges from, first, the Soviet Union and, then, Japan, and the European Union. Now, however, the United States is in decline: its vast military power is being challenged by asymmetrical wars, its economic growth is slow and its debt is rising rapidly, the political system is proving unable to meet these challenges in a satisfactory way. While the US is still likely to remain the world's leading power for the foreseeable future, it is being challenged by China, particularly economically, and also by several other regional Great Powers. The book also addresses the more theoretical question of what recent superpowers have been able to achieve and what they have not achieved. How could the United States be both the dominant power and at the same time suffer significant defeats? And how could the Soviet Union suddenly collapse? No power has ever been omnipotent. It cannot control events all around the world. The Soviet Union suffered from imperial overstretch; the traditional colonial empires suffered from a growing lack of legitimacy at the international, national, and local levels. The United States has been able to maintain its alliance system, but only in a much reformed way. If a small power simply insists on pursuing its own very different policies, there is normally little the United States and other Great Powers will do. Military intervention is an option that can be used only rarely and most often with strikingly limited results.

Jump-Starting America
Author: Jonathan Gruber,Simon Johnson
Publisher: PublicAffairs
Release Date: 2019-04-09
ISBN 10: 1541762509
Pages: 368 pages

Jump-Starting America Book Summary : The untold story of how America once created the most successful economy the world has ever seen and how we can do it again. The American economy glitters on the outside, but the reality is quite different. Job opportunities and economic growth are increasingly concentrated in a few crowded coastal enclaves. Corporations and investors are disproportionately developing technologies that benefit the wealthiest Americans in the most prosperous areas--and destroying middle class jobs elsewhere. To turn this tide, we must look to a brilliant and all-but-forgotten American success story and embark on a plan that will create the industries of the future--and the jobs that go with them. Beginning in 1940, massive public investment generated breakthroughs in science and technology that first helped win WWII and then created the most successful economy the world has ever seen. Private enterprise then built on these breakthroughs to create new industries--such as radar, jet engines, digital computers, mobile telecommunications, life-saving medicines, and the internet-- that became the catalyst for broader economic growth that generated millions of good jobs. We lifted almost all boats, not just the yachts. Jonathan Gruber and Simon Johnson tell the story of this first American growth engine and provide the blueprint for a second. It's a visionary, pragmatic, sure-to-be controversial plan that will lead to job growth and a new American economy in places now left behind.

The Rise and Fall of American Technology
Author: Lynn G. Gref
Publisher: Algora Publishing
Release Date: 2010
ISBN 10: 0875867537
Pages: 207 pages

The Rise and Fall of American Technology Book Summary : He contrasts the commonly-held perception that the pace of technology is accelerating with the historical record. He highlights the people and the organizations which are responsible for America's technological largesse. The book "follows the money" to uncover the underlying trends. The beginning of a decline in technology development is detected using indirect indicators for clues. Impacts on the formation of companies, employment and productivity provide sobering reasons to enlighten others and demand a change in course. After considering the possibilities, the book proposes several constructive actions which avoid the proverbial tendency to "throw more money at the problem." The goal of the book is to provoke discussion and promote action where appropriate. Americans' standard of living is at stake. Tech-savvy readers will want to understand this issue so as to influence others. Long-range thinkers will want to factor these considerations into their prognostications. The titans of the technology-based companies can develop new and improved strategies based on the findings of this book. And, our elected officials may want to act before a catastrophic disaster confronts the nation. This book will strike a chord with everyone who is interested in America's future economic health. Specific audience groups include scientists, engineers, entrepreneurs, employees in technology based companies, government and corporate policymakers deciding the future of research and development (R&D) programs, government workers involved in the execution of government R&D programs and those thinking about a career in R&D. It is complementary to such works as Politics and Economics in America: The Way We Came to Be, by Richard E. Carmichael (Krieger Publishing Company, 1998), which explores political and economic history in order to explain the emergence of the United States' world economic dominance. Carmichael's book makes recommendations on how government could assist America's businesses in maintaining our economic leadership, but it does not address any aspects of technology development and associated issues. Closing the Innovation Gap by Judy Estrin (McGraw Hill, 2009), provides business leaders with concepts for leading their organizations so as to close the innovation gap with competitors. It focuses on the innovation environment within the organization, whereas Dr. Gref addresses the complete technology development cycle, its financing, America's rise to global dominance, and the specter of a national decline.

Colossus
Author: Niall Ferguson
Publisher: Penguin
Release Date: 2005
ISBN 10: 0143034790
Pages: 386 pages

Colossus Book Summary : The author of The Pity of War argues that America is both economically and militarily the most powerful empire in history and will feel negative consequences globally and domestically as a result of imposing unrealistic timescales on interventions abroad. Reprint.

Comeback
Author: Paul Ingrassia,Joseph B. White
Publisher: Simon and Schuster
Release Date: 2013-05-14
ISBN 10: 1476737479
Pages: 512 pages

Comeback Book Summary : In Comeback, Pulitzer Prize-winners Paul Ingrassia and Joseph B. White take us to the boardrooms, the executive offices, and the shop floors of the auto business to reconstruct, in riveting detail, how America's premier industry stumbled, fell, and picked itself up again. The story begins in 1982, when Honda started building cars in Marysville, Ohio, and the entire U.S. car industry seemed to be on the brink of extinction. It ends just over a decade later, with a remarkable turn of the tables, as Japan's car industry falters and America's Big Three emerge as formidable global competitors. Comeback is a story propelled by larger-than-life characters -- Lee Iacocca, Henry Ford II, Don Petersen, Roger Smith, among many others -- and their greed, pride, and sheer refusal to face facts. But it is also a story full of dedicated, unlikely heroes who struggled to make the Big Three change before it was too late.

Makers and Takers
Author: Rana Foroohar
Publisher: Broadway Business
Release Date: 2017
ISBN 10: 0553447254
Pages: 400 pages

Makers and Takers Book Summary : "Award-winning business journalist Rana Foroohar shows how the shortsighted and misguided financial practices that nearly toppled the global economy in 2008 have come to infiltrate all corners of American business--putting us on a dangerous collision course to another economic meltdown that will make 2008 look like a mere blip in the business cycle"--

The Rise and Fall of American Science Fiction, from the 1920s to the 1960s
Author: Gary Westfahl
Publisher: McFarland
Release Date: 2019-09-23
ISBN 10: 1476674949
Pages: 311 pages

The Rise and Fall of American Science Fiction, from the 1920s to the 1960s Book Summary :  By examining important aspects of science fiction in the twentieth century, this book explains how the genre evolved to its current state. Close critical attention is given to topics including the art that has accompanied science fiction, the subgenres of space opera and hard science fiction, the rise of SF anthologies, and the burgeoning impact of the marketplace on authors. Included are in-depth studies of key texts that contributed to science fiction's growth, including Philip Francis Nowlan's first Buck Rogers story, the first published stories of A. E. van Vogt, and the early juveniles of Isaac Asimov, Arthur C. Clarke and Robert Heinlein.