The Rise and Fall of American Growth
By Robert J. Gordon
Categories: Business & Money
Northwestern University economist Robert J. Gordon argues that the century from 1870 to 1970 brought a unique revolution in American living standards that cannot be repeated. Gordon describes how electric lighting, indoor plumbing, motor vehicles, air travel and television transformed homes and workplaces. He contends that growth has slowed since 1970 and will be held back by headwinds such as rising inequality, stagnating education, an aging population and growing student and government debt.
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- Satya Nadella
- Patrick Collison
- Bill Gates
- Noam Chomsky: “his very important study on the rise and fall of American growth”