In “The Rise and Fall of American Growth,” Robert J. Gordon argues that living standards in the United States are likely to be stagnant for the next 25 years. In The New York Times Book Review, Paul Krugman wrote:
Is he right? My answer is a definite maybe. But whether or not you end up agreeing with Gordon’s thesis, this is a book well worth reading — a magisterial combination of deep technological history, vivid portraits of daily life over the past six generations and careful economic analysis. Non-economists may find some of the charts and tables heavy going, but Gordon never loses sight of the real people and real lives behind those charts. This book will challenge your views about the future; it will definitely transform how you see the past.
In a new Room for Debate podcast, Mr. Gordon and Jeffrey Sachs, the director of the Earth Institute at Columbia University, discuss the book’s thesis and the future of the American economy.
Listen to the debate here.
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