Book Review: The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War by Robert J. Gordon

the-rise-and-fall-of-american-growth-2I read it as an audiobook and it doesn’t make a good one. It’s full of figures, numbers, charts, diagrams, etc which get lost in the audio version. This might cause a bias on my review.

The book feels thoroughly researched. I caught a couple of small errors but most time when I thought “What about this or that” the book answered my objection a couple or paragraphs earlier.

The first two parts cycle between a dry list of numbers and little stories or descriptions that are very interesting. It is, as the title suggest, very American centric but every now and then it compares USA with Europe.

The last part is different, specially the last two or three chapters, which talk about the present and the future. I was heavily entrenched in what this books call techno-optimisim. Techno-optimists believe progress is happening and it will accelerate. AI will solve all problems and destroy all jobs. We also believe robots are the biggest source of unemployment today. This book made me challenge these assumptions. I’m not sure what to believe. Some of the conclusions that you may arrive at from the information here can be very xenophobic/protectionist.

The postscript, America’s Growth Achievement and the Path Ahead is great and concise. I think it should be mandatory reading to be a politician of any kind. Actually, the US should elect Robert J. Gordon as their president.

★★★★☆

Buy The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War in USA
Buy The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War in UK
Buy The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil Warin Canada

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