● The Rise and Fall of American Growth:
The U.S. Standard of Living since the Civil War
By Robert Gordon
Review via The Wall Street Journal
In his new book, “The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War,” Northwestern University economist Bob Gordon argues that the century between 1870 and 1970 was exceptionally good for U.S. households (particularly 1920 to 1950) but that the years since 1970 have been disappointing and the future looks disappointing too.
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