In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, home appliances, motor vehicles, air travel, air conditioning, and television transformed households and workplaces. With medical advances, life expectancy between 1870 and 1970 grew from forty-five to seventy-two years. Weaving together a vivid narrative, historical anecdotes, and economic analysis, "The Rise and Fall of American Growth" provides an in-depth account of this momentous era. But has that era of unprecedented growth come to an end?
Gordon challenges the view that economic growth can or will continue unabated, and he demonstrates that the life-altering scale of innovations between 1870 and 1970 can't be repeated. He contends that the nation's productivity growth, which has already slowed to a crawl, will be further held back by the vexing headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government. Gordon warns that the younger generation may be the first in American history that fails to exceed their parents' standard of living, and that rather than depend on the great advances of the past, we must find new solutions to overcome the challenges facing us.
A critical voice in the debates over economic stagnation, "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.
Автор: Asa McKercher Название: Canada and the World since 1867 ISBN: 1350036765 ISBN-13(EAN): 9781350036765 Издательство: Bloomsbury Academic Рейтинг: Цена: 12672.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book is a history of Canada’s role in the world as well as the impact of world events on Canada. Starting from the country’s quasi-independence from Britain in 1867, its analysis moves through events in Canadian and global history to the present day. Looking at Canada’s international relations from the perspective of elite actors and normal people alike, this study draws on original research and the latest work on Canadian international and transnational history to examine Canadians’ involvement with a diverse mix of issues, from trade and aid, to war and peace, to human rights and migration. The book traces four inter-connected themes: independence and growing estrangement from Britain; the longstanding and ongoing tensions created by ever-closer relations with the United States; the huge movement of people from around the world into Canada; and the often overlooked but significant range of Canadian contacts with the non-Western world. With an emphasis on the reciprocal nature of Canada’s involvement in world affairs, ultimately it is the first work to blend international and transnational approaches to the history of Canadian international relations.
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