The Rise And Fall Of American Growth

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Fully Grown
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Author : Dietrich Vollrath
language : en
Publisher: University of Chicago Press
Release Date : 2020-01-13
Fully Grown written by Dietrich Vollrath and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-13 with Business & Economics categories.
Vollrath challenges our long-held assumption that growth is the best indicator of an economy’s health. Most economists would agree that a thriving economy is synonymous with GDP growth. The more we produce and consume, the higher our living standard and the more resources available to the public. This means that our current era, in which growth has slowed substantially from its postwar highs, has raised alarm bells. But should it? Is growth actually the best way to measure economic success—and does our slowdown indicate economic problems? The counterintuitive answer Dietrich Vollrath offers is: No. Looking at the same facts as other economists, he offers a radically different interpretation. Rather than a sign of economic failure, he argues, our current slowdown is, in fact, a sign of our widespread economic success. Our powerful economy has already supplied so much of the necessary stuff of modern life, brought us so much comfort, security, and luxury, that we have turned to new forms of production and consumption that increase our well-being but do not contribute to growth in GDP. In Fully Grown, Vollrath offers a powerful case to support that argument. He explores a number of important trends in the US economy: including a decrease in the number of workers relative to the population, a shift from a goods-driven economy to a services-driven one, and a decline in geographic mobility. In each case, he shows how their economic effects could be read as a sign of success, even though they each act as a brake of GDP growth. He also reveals what growth measurement can and cannot tell us—which factors are rightly correlated with economic success, which tell us nothing about significant changes in the economy, and which fall into a conspicuously gray area. Sure to be controversial, Fully Grown will reset the terms of economic debate and help us think anew about what a successful economy looks like.
Capitalism In America
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Author : Alan Greenspan
language : en
Publisher: Penguin UK
Release Date : 2018-10-16
Capitalism In America written by Alan Greenspan and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-16 with Business & Economics categories.
'An inspiring, rip-roaring read - like the astonishing story it describes' Liam Halligan, Daily Telegraph Where does prosperity come from, and how does it spread through a society? What role does innovation play in creating prosperity and why do some eras see the fruits of innovation spread more democratically, and others, including our own, find the opposite? In Capitalism in America, Alan Greenspan, legendary Chair of the Federal Reserve, distils a lifetime of grappling with these questions into a profound assessment of the decisive drivers of the US economy over the course of its history. In partnership with Economist journalist and historian Adrian Wooldridge, he unfolds a tale of vast landscapes, titanic figures and triumphant breakthroughs as well as terrible moral failings. Every crucial American economic debate is here - from the role of slavery in the antebellum Southern economy to America's violent swings in its openness to global trade. At heart, the authors argue, America's genius has been its enthusiasm for the effects of creative destruction, the ceaseless churn of the old giving way to the new. Although messy and painful, it has lifted the overwhelming majority of Americans to standards of living unimaginable even a few generations past. At a time when productivity has again stalled, stirring populist furies, and the continuing of American pre-eminence seems uncertain, Capitalism in America explains why America has worked so successfully in the past and been such a gigantic engine of economic growth.
The Great Exception
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Author : Jefferson Cowie
language : en
Publisher: Princeton University Press
Release Date : 2017-04-18
The Great Exception written by Jefferson Cowie and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-18 with History categories.
How the New Deal was a unique historical moment and what this reveals about U.S. politics, economics, and culture Where does the New Deal fit in the big picture of American history? What does it mean for us today? What happened to the economic equality it once engendered? In The Great Exception, Jefferson Cowie provides new answers to these important questions. In the period between the Great Depression and the 1970s, he argues, the United States government achieved a unique level of equality, using its considerable resources on behalf of working Americans in ways that it had not before and has not since. If there is to be a comparable battle for collective economic rights today, Cowie argues, it needs to build on an understanding of the unique political foundation for the New Deal. Anyone who wants to come to terms with the politics of inequality in the United States will need to read The Great Exception.
The Rise And Decline Of Nations
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Author : Mancur Olson
language : en
Publisher: Yale University Press
Release Date : 2008-10-01
The Rise And Decline Of Nations written by Mancur Olson and has been published by Yale University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10-01 with Political Science categories.
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.
Makers And Takers
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Author : Rana Foroohar
language : en
Publisher: Crown Currency
Release Date : 2017-09-12
Makers And Takers written by Rana Foroohar and has been published by Crown Currency this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-12 with Business & Economics categories.
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.
The Rise And Fall Of American Technology
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Author : Lynn G. Gref
language : en
Publisher: Algora Publishing
Release Date : 2010
The Rise And Fall Of American Technology written by Lynn G. Gref and has been published by Algora Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
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.
The Rise And Fall Of The Neoliberal Order
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Author : Gary Gerstle
language : en
Publisher: Oxford University Press
Release Date : 2022
The Rise And Fall Of The Neoliberal Order written by Gary Gerstle and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with Business & Economics categories.
Gary Gerstle provides a sweeping re-interpretation of the entire era - from the revival of market liberalism in the 1970s to the ruin generated by the 2008 global financial crisis - that places America at the center.--
How The World Really Works
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Author : Vaclav Smil
language : en
Publisher: Penguin UK
Release Date : 2022-01-27
How The World Really Works written by Vaclav Smil and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-27 with Mathematics categories.
* THE NEW YORK TIMES BESTSELLER * 'Another masterpiece from one of my favorite authors . . . If you want a brief but thorough education in numeric thinking about many of the fundamental forces that shape human life, this is the book to read. It's a tour de force' BILL GATES __________ We have never had so much information at our fingertips and yet most of us don't know how the world really works. This book explains seven of the most fundamental realities governing our survival and prosperity. From energy and food production, through our material world and its globalization, to risks, our environment and its future, How the World Really Works offers a much-needed reality check - because before we can tackle problems effectively, we must understand the facts. In this ambitious and thought-provoking book we see, for example, that globalization isn't inevitable and that our societies have been steadily increasing their dependence on fossil fuels, making their complete and rapid elimination unlikely. Drawing on the latest science and tackling sources of misinformation head on - from Yuval Noah Harari to Noam Chomsky - ultimately Smil answers the most profound question of our age: are we irrevocably doomed or is a brighter utopia ahead? __________ 'Very informative and eye-opening in many ways' HA-JOON CHANG, author of 23 Things They Don't Tell You About Capitalism 'If you are anxious about the future, and infuriated that we aren't doing enough about it, please read this book' PAUL COLLIER, author of The Future of Capitalism
The Rise And Fall Of Nations
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Author : Ruchir Sharma
language : en
Publisher:
Release Date : 2017-06-06
The Rise And Fall Of Nations written by Ruchir Sharma and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-06-06 with categories.
The crisis of 2008 ended the illusion of a golden era in which many people imagined that prosperity and political calm would continue to spread indefinitely. In a world now racked by slowing growth and mounting unrest, how can we discern which nations will thrive and which will fail? Shaped by prize-winning author Ruchir Sharma's twenty-five years travelling the world, The Rise and Fall of Nations rethinks economics as a practical art. By narrowing down the thousands of factors that can shape a country's future, it spells out ten clear rules for identifying the next big winners and losers in the global economy. Each rule looks at a nation's political, economic, and social conditions in real time to filter out the hype and noise. He shows, for example, how slow population growth is eroding economic growth, and ranks nations by how well they respond. He describes the way cycles of political complacency and revolt fuel economic booms and busts. Amid growing tensions over inequality, he demonstrates how billionaire lists yield clues to which economies are most or least threatened by extreme wealth. In a period when the world is struggling with trillions of dollars in new debt, he explains which nations are most likely to avert this threat or buckle under it. Sharma's rules are based on the data he has collected over many years at Morgan Stanley Investment Management in New York, where he is now Head of Emerging Markets and Chief Global Strategist. This is a book of original research, not mere opinion. The final chapter takes the reader on a surprising world tour of the likely winners and losers in the near future. The Rise and Fall of Nations is enlivened by Sharma's stories from the road and his encounters with presidents, tycoons, and villagers from Rio to Beijing. It is a pioneering field guide to understanding our impermanent world.
The Rise And Fall Of British Naval Mastery
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Author : Paul Kennedy
language : en
Publisher: National Geographic Books
Release Date : 2017-02-28
The Rise And Fall Of British Naval Mastery written by Paul Kennedy and has been published by National Geographic Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-28 with History categories.
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