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The Rise and Fall of American Growth

The U.S. Standard of Living since the Civil War

20 minRobert J. Gordon

What's it about

Uncover the real reason your standard of living isn't improving as fast as your grandparents' did. This summary reveals the one-time-only inventions that transformed American life for a century and explains why today's tech revolution simply can't keep up with that explosive growth. You'll learn how innovations like electricity and indoor plumbing fundamentally remade society in ways the internet hasn't. Discover Robert J. Gordon's provocative analysis of why that special century is over and what headwinds, from inequality to debt, are now holding progress back.

Meet the author

Robert J. Gordon is a world-renowned macroeconomist at Northwestern University and a member of the NBER committee that officially declares the start and end of U.S. recessions. For decades, he has meticulously analyzed the sources of American prosperity, from the invention of electricity to the dawn of the internet. This book is the culmination of his life's work, presenting a sweeping historical analysis that challenges our core assumptions about the future of economic growth and the standard of living.

The Rise and Fall of American Growth book cover

What's it about

Uncover the real reason your standard of living isn't improving as fast as your grandparents' did. This summary reveals the one-time-only inventions that transformed American life for a century and explains why today's tech revolution simply can't keep up with that explosive growth. You'll learn how innovations like electricity and indoor plumbing fundamentally remade society in ways the internet hasn't. Discover Robert J. Gordon's provocative analysis of why that special century is over and what headwinds, from inequality to debt, are now holding progress back.

Meet the author

Robert J. Gordon is a world-renowned macroeconomist at Northwestern University and a member of the NBER committee that officially declares the start and end of U.S. recessions. For decades, he has meticulously analyzed the sources of American prosperity, from the invention of electricity to the dawn of the internet. This book is the culmination of his life's work, presenting a sweeping historical analysis that challenges our core assumptions about the future of economic growth and the standard of living.