Category : Business & Economics
Editor : Princeton University Press
ISBN : 9781400888955
Type : PDF, Epub and Kindle
Language : en
Views : 784
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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.

Category : Business & Economics
Editor : Princeton University Press
ISBN : 9780691175805
Type : PDF, Epub and Kindle
Language : en
Views : 784
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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.

Category : Business & Economics
Editor : Princeton University Press
ISBN : 9780691147727
Type : PDF, Epub and Kindle
Language : en
Views : 778
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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. 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.

Category : Business & Economics
Editor : Penguin
ISBN : 9780735222458
Type : PDF, Epub and Kindle
Language : en
Views : 496
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From the legendary former Fed Chairman and the acclaimed Economist writer and historian, the full, epic story of America's evolution from a small patchwork of threadbare colonies to the most powerful engine of wealth and innovation the world has ever seen. Shortlisted for the 2018 Financial Times and McKinsey Business Book of the Year Award From even the start of his fabled career, Alan Greenspan was duly famous for his deep understanding of even the most arcane corners of the American economy, and his restless curiosity to know even more. To the extent possible, he has made a science of understanding how the US economy works almost as a living organism--how it grows and changes, surges and stalls. He has made a particular study of the question of productivity growth, at the heart of which is the riddle of innovation. Where does innovation come from, and how does it spread through a society? And why do some eras see the fruits of innovation spread more democratically, and others, including our own, see the opposite? In Capitalism in America, Greenspan distills a lifetime of grappling with these questions into a thrilling and profound master reckoning with the decisive drivers of the US economy over the course of its history. In partnership with the celebrated Economist journalist and historian Adrian Wooldridge, he unfolds a tale involving vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals as well as terrible moral failings. Every crucial debate is here--from the role of slavery in the antebellum Southern economy to the real impact of FDR's New Deal to America's violent mood swings in its openness to global trade and its impact. But to read Capitalism in America is above all to be stirred deeply by the extraordinary productive energies unleashed by millions of ordinary Americans that have driven this country to unprecedented heights of power and prosperity. At heart, the authors argue, America's genius has been its unique tolerance for the effects of creative destruction, the ceaseless churn of the old giving way to the new, driven by new people and new ideas. Often messy and painful, creative destruction has also lifted almost all Americans to standards of living unimaginable to even the wealthiest citizens of the world a few generations past. A sense of justice and human decency demands that those who bear the brunt of the pain of change be protected, but America has always accepted more pain for more gain, and its vaunted rise cannot otherwise be understood, or its challenges faced, without recognizing this legacy. For now, in our time, productivity growth has stalled again, stirring up the populist furies. There's no better moment to apply the lessons of history to the most pressing question we face, that of whether the United States will preserve its preeminence, or see its leadership pass to other, inevitably less democratic powers.

Category : History
Editor : Univ of California Press
ISBN : 9780520218123
Type : PDF, Epub and Kindle
Language : en
Views : 230
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"A wonderfully original, cogently argued, and very readable book. Hanley provides persuasive answers to some of the largest questions historians have been asking about the relationship of premodern social and economic conditions to the modern development of Japan."—Stephen Vlastos, author of Peasant Protests and Uprisings in Tokugawa Japan

Category : History
Editor : Penguin UK
ISBN : 9780141983837
Type : PDF, Epub and Kindle
Language : en
Views : 464
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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

Category : Business & Economics
Editor : Algora Publishing
ISBN : 9780875867533
Type : PDF, Epub and Kindle
Language : en
Views : 207
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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.

Category : Political Science
Editor : Yale University Press
ISBN : 9780300157673
Type : PDF, Epub and Kindle
Language : en
Views : 276
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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.

Category : Business & Economics
Editor : Currency
ISBN : 9780553447255
Type : PDF, Epub and Kindle
Language : en
Views : 402
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Is Wall Street bad for Main Street America? "A well-told exploration of why our current economy is leaving too many behind." —The New York Times In looking at the forces that shaped the 2016 presidential election, one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum. A key reason, says Financial Times columnist Rana Foroohar, is the fact that Wall Street is no longer supporting Main Street businesses that create the jobs for the middle and working class. She draws on in-depth reporting and interviews at the highest rungs of business and government to show how the “financialization of America”—the phenomenon by which finance and its way of thinking have come to dominate every corner of business—is threatening the American Dream. Now updated with new material explaining how our corrupted financial sys­tem propelled Donald Trump to power, Makers and Takers explores the confluence of forces that has led American businesses to favor balance-sheet engineering over the actual kind, greed over growth, and short-term profits over putting people to work. From the cozy relationship between Wall Street and Washington, to a tax code designed to benefit wealthy individuals and corporations, to forty years of bad policy decisions, she shows why so many Americans have lost trust in the sys­tem, and why it matters urgently to us all. Through colorful stories of both “Takers,” those stifling job creation while lining their own pockets, and “Makers,” businesses serving the real economy, Foroohar shows how we can reverse these trends for a better path forward.

Category : History
Editor : Yale University Press
ISBN : 9780300133530
Type : PDF, Epub and Kindle
Language : en
Views : 604
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The eminent China scholar delivers a landmark study of Chinese culture’s relationship to the natural environment across thousands of years of history. Spanning the three millennia for which there are written records, The Retreat of the Elephants is the first comprehensive environmental history of China. It is also a treasure trove of literary, political, aesthetic, scientific, and religious sources, which allow the reader direct access to the views and feelings of Chinese people toward their environment and their landscape. China scholar and historian Mark Elvin chronicles the spread of the Chinese style of farming that eliminated elephant habitats; the destruction of most of the forests; the impacts of war on the landscape; and the re-engineering of the countryside through gigantic water-control systems. He documents the histories of three contrasting localities within China to show how ecological dynamics defined the lives of the inhabitants. And he shows that China in the eighteenth century was probably more environmentally degraded than northwestern Europe around this time. Indispensable for its new perspective on long-term Chinese history and its explanation of the roots of China’s present-day environmental crisis, this book opens a door into the Chinese past.