The Rise and Fall of American Growth

The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War is a non-fiction book by Robert J. Gordon, an American professor of economics at Northwestern University.[1][2]

The Rise and Fall of American Growth
The Rise and Fall of American Growth.jpg
AuthorRobert J. Gordon
CountryUnited States
LanguageEnglish
SubjectEconmics

The book describes the 100 years following 1870 as the "Special Century", a time of exceptional growth and prosperity, which it claims has been flatlining since 1970, marked by growing inequality and insecure working conditions. Gordon considers that the apparent increasing economic growth since 1970 is just a faint echo of a great wave of economic growth between 1920–1970. The first half of the book discusses the change in the American standard of living pre-WW2, with the second half dedicated to the remainder of the 'special century' and the years post-1970.[3][4]

The book was published in 2016 by Princeton University Press. It was a New York Times Bestseller,[5] and shortlisted for the 2016 Financial Times and McKinsey Business Book of the Year Award.[6]

ReferencesEdit

  1. ^ Smith, David. "The Rise and Fall of American Growth by Robert J Gordon".
  2. ^ Cowen, Tyler (20 August 2019). "Is Innovation Over?".
  3. ^ Tanner, Marcus (4 February 2016). "The Rise and Fall of American Growth by Robert J Gordon, book review". The Independent. Archived from the original on 2022-06-18.
  4. ^ Krugman, Paul (25 January 2016). "Paul Krugman Reviews 'The Rise and Fall of American Growth' by Robert J. Gordon". The New York Times.
  5. ^ Fernald, John G. (1 October 2017). "Paradox Resolved? A Review of the Rise and Fall of American Growth, by Robert J. Gordon". Business Economics. p. 265.
  6. ^ "THE MAN WHO KNEW by Sebastian Mallaby wins the Financial Times and McKinsey Business Book of the Year Award 2016". aboutus.ft.com.