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The Rise and Fall of American Growth
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.
The American Business Cycle
In recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depression. These circumstances have prompted renewed interest in the concept of business cycles, which Joseph Schumpeter suggested are "like the beat of the heart, of the essence of the organism that displays them." In The American Business Cycle, some of the most prominent macroeconomics in the United States focuses on the questions, To what extent are business cycles propelled by external shocks? How have post-1946 cycles differed from earlier cycles? And, what are the major factors that contribute to business cycles? They extend their inve...
The Economics of New Goods
New goods are at the heart of economic progress. The eleven essays in this volume include historical treatments of new goods and their diffusion; practical exercises in measurement addressed to recent and ongoing innovations; and real-world methods of devising quantitative adjustments for quality change. The lead article in Part I contains a striking analysis of the history of light over two millenia. Other essays in Part I develop new price indexes for automobiles back to 1906; trace the role of the air conditioner in the development of the American south; and treat the germ theory of disease as an economic innovation. In Part II essays measure the economic impact of more recent innovations, including anti-ulcer drugs, new breakfast cereals, and computers. Part III explores methods and defects in the treatment of quality change in the official price data of the United States, Canada, and Japan. This pathbreaking volume will interest anyone who studies economic growth, productivity, and the American standard of living.
The Measurement of Durable Goods Prices
American business has recently been under fire, charged with inflated pricing and an inability to compete in the international marketplace. However, the evidence presented in this volume shows that the business community has been unfairly maligned—official measures of inflation and the standard of living have failed to account for progress in the quality of business equipment and consumer goods. Businesses have actually achieved higher productivity at lower prices, and new goods are lighter, faster, more energy efficient, and more reliable than their predecessors. Robert J. Gordon has written the first full-scale work to treat the extent of quality changes over the entire range of durable ...
South Africa's Dreams
In the early sixties, South Africa’s colonial policies in Namibia served as a testing ground for many key features of its repressive ‘Grand Apartheid’ infrastructure, including strategies for countering anti-apartheid resistance. Exposing the role that anthropologists played, this book analyses how the knowledge used to justify and implement apartheid was created. Understanding these practices and the ways in which South Africa’s experiences in Namibia influenced later policy at home is also critically evaluated, as is the matter of adjudicating the many South African anthropologists who supported the regime.
The Enigma of Max Gluckman
2019 Choice Outstanding Academic Title The Enigma of Max Gluckman examines one of the most influential British anthropologists of the twentieth century. South African-born Max Gluckman was the founder of what became known as the Manchester School of social anthropology, a key figure in the anthropology of anticolonialism and conflict theory in southern Africa, and one of the most prolific structuralist and Marxist anthropologists of his generation. From his position at Oxford University as graduate student and lecturer to his career at Manchester, Gluckman was known to be generous and engaged with his closest colleagues but brutish and hostile in his denunciations of their work if it did not...
Picturing Bushmen
Gordon (anthropology, U. of Vermont) describes the expedition 16 Denver businessmen sponsored to make their city famous by bringing back a man and women who represented the missing link between humans and the lower animals. He presents the photographs that were nearly the only result of the effort, and interprets what they were intended to portray to their creator and his audience. Paper edition (unseen), $24.95. Annotation copyrighted by Book News, Inc., Portland, OR
The Great Exception
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.
Narrative Economics
From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories...
