Charting the Ups and Downs: An Analysis of The Rise and Fall of American Growth

In “The Rise and Fall of American Growth,” renowned economist Robert J. Gordon explores the remarkable advancements that fueled America’s unprecedented economic expansion between 1870 and 1970. Gordon meticulously examines the critical factors behind this period of rapid growth, such as technological innovations, demographic shifts, and institutional changes. However, he also takes a sobering look …