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Author: Robert J. Gordon
Publisher: Princeton University Press
ISBN: 1400888956
Category : Business & Economics
Languages : en
Pages : 785
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Book Description
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.
Author: Robert J. Gordon
Publisher: Princeton University Press
ISBN: 1400888956
Category : Business & Economics
Languages : en
Pages : 785
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Book Description
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.
Author: Jeffrey D. Sachs
Publisher: Columbia University Press
ISBN: 0231545282
Category : Political Science
Languages : en
Pages : 153
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Book Description
The influential economist offers a persuasive strategy for a more just and sustainable economy—with a forward by Bernie Sanders. The New York Times has said that Jeffrey D. Sachs is “probably the most important economist in the world.” Now, in a book that combines impassioned manifesto with a plan of action, Sachs charts a path to move America toward sustainable development. Sustainable development is a holistic approach to public policy that unifies economic, social, and environmental objectives. By focusing too much on short-term economic growth, the United States has neglected rising inequality and dire environmental threats—all while putting our long-term economic growth at risk. Sachs explores issues that have captivated national discourse, including infrastructure, trade deals, energy policy, the proper size and role of government, the national debt, and income inequality. In accessible language, he illuminates the forces at work in each case and presents specific policy solutions. His argument rises above the stagnation of partisanship to envision a brighter way forward both individually and collectively. “Sachs demonstrates expertise on vastly different policy fields and makes a convincing case that abdicating the toxic intersection of militarism and exceptionalism is key to building a brighter future.”—Global Policy Journal
Author: Robert D. Atkinson
Publisher: Edward Elgar Publishing
ISBN: 9781781008836
Category : Business & Economics
Languages : en
Pages : 374
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Book Description
"Anyone interested in American history as well as the future contours of our economy will find Dr. Atkinson's analyses a guide to the past and a provocative challenge for the future. Economists, business leaders, scholars, and economic policymakers will find it a necessary addition to the literature on economic cycles and growth economics."--BOOK JACKET.
Author:
Publisher: Stanford University Press
ISBN: 0804770395
Category : Business & Economics
Languages : en
Pages : 440
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Book Description
The American economy is filled with so many contradictions today that it foils the best prophecies and most sophisticated forecasts by economists. This book is about those contradictions and the directions the economy could take in the future. In particular, it is about the central contradiction: government control and market freedom. How this contradiction is resolved is important not only for the United States but ultimately for countries around the world. The main thesis of this book is that social factors--rather than purely economic factors--are at the root of the contradiction between market freedom and government control. The author argues that the way markets are socially organized is critical to their capacity for operating independent of government controls. In essence, the social organization of the private economy is the key to the free market system. The economy can function more productively and humanely if efforts are made to reduce state controls and create a market system that is socially self-regulated. Important first steps in this direction are readily observable. The author evaluates two important trends in corporate self-management--worker participation and co-ownership--presenting evidence that these trends are both in the corporate self-interest and in the public interest. Self-regulation is beginning at the intercorporate level, where firms compete and collaborate profitably in trade associations. New cooperative associations of small firms are shown to out-compete conglomerates through value-adding partnerships that utilize information technology and require the establishment of cooperative norms. Self-regulation is advanced through social investment, the allocation of capital by combining ethical and economic criteria. Over $450 billion is now being invested with ethical guidelines, suggesting that a balance of social and economic factors will be a vital part of investment practice in the future. The author suggests that if the United States wants to retain a vital economy at home, it must carefully examine the advantages of the social organization of world finance and encourage the power of world markets to regulate themselves without destroying local and national economies.
Author: E. Sherman Adams
Publisher:
ISBN:
Category :
Languages : en
Pages : 11
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Book Description
Author: Henry A. J. Ramos
Publisher:
ISBN: 9781558858763
Category : Democracy
Languages : en
Pages : 0
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Book Description
Progressive intellectual Henry A. J. Ramos believes the United States is at a crossroads, facing the most challenging moment since the civil rights movement of the late 1960s and early 1970s. In fact, absent major new interventions and investments, he sees this moment as a pivotal turning point in the American journey in which political polarization, income and wealth disparity and public violence"€"much of which is race related"€"threaten the very essence and integrity of our democracy and economy. Ramos examines the policies that have contributed to America's decline, including those that have led to the concentration of great wealth in the hands of a few while condemning many to systemic poverty and inequality. Current economic and social trends, he stresses, are unsustainable and call for organized, concerted action by people of conscience and those affected. Ultimately, Ramos provides a roadmap for the future so the United States can continue to provide opportunities for its people and serve again as a leader in the international community. He offers case studies of organizations that have successfully created and administered programs that further equity in society, restore democratic practices, implement better urban and city planning and protect the environment. Demonstrating both the critical importance and real possibility of leveraging prosperity and justice for all Americans, this compelling work is a must-read for anyone interested in democracy, economic restoration and environmental sustainability.
Author: The Bush Institute
Publisher: Crown Currency
ISBN: 0307986152
Category : Business & Economics
Languages : en
Pages : 370
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Book Description
Foreword by President George W. Bush With contributions from world renowned economists and Nobel prizewinners, The 4% Solution is a blueprint for restoring America’s economic health The United States is reaching a pivotal point in its economic history. Millions of Americans owe more on their homes than they are worth, long-term unemployment is alarmingly high, and the Congressional Budget Office is projecting a sustainable growth rate of only 2.3%—a full percentage point below the average for the past sixty years. Unless a turnaround comes quickly, the United States could be mired in debt for years to come and millions of Americans will be pushed to the sidelines of the economy. The 4% Solution offers clear and unflinching ideas on how to revive America’s economy. It sets a positive economic goal and asks some of the top economic minds on how to achieve it. With a focus on removing government constraints, The 4% Solution defines the policies that will allow Americans to save, invest, and create the jobs that the United States needs. The 4% Solution draws on the best minds in the business, including five Nobel laureates: · Robert E. Lucas, Jr., on the history and future of economic growth · Gary S. Becker on why we need immigrants in order to grow · Edward Prescott on the cost (to growth) of the welfare state · Vernon Smith on why housing leads us into and out of recessions · Myron Scholes on why we need to innovate in order to grow the economy
Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
ISBN: 0393254062
Category : Business & Economics
Languages : en
Pages : 144
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Book Description
It’s time to rewrite the rules—to curb the runaway flow of wealth to the top one percent, to restore security and opportunity for the middle class, and to foster stronger growth rooted in broadly shared prosperity. Inequality is a choice. The United States bills itself as the land of opportunity, a place where anyone can achieve success and a better life through hard work and determination. But the facts tell a different story—the U.S. today lags behind most other developed nations in measures of inequality and economic mobility. For decades, wages have stagnated for the majority of workers while economic gains have disproportionately gone to the top one percent. Education, housing, and health care—essential ingredients for individual success—are growing ever more expensive. Deeply rooted structural discrimination continues to hold down women and people of color, and more than one-fifth of all American children now live in poverty. These trends are on track to become even worse in the future. Some economists claim that today’s bleak conditions are inevitable consequences of market outcomes, globalization, and technological progress. If we want greater equality, they argue, we have to sacrifice growth. This is simply not true. American inequality is the result of misguided structural rules that actually constrict economic growth. We have stripped away worker protections and family support systems, created a tax system that rewards short-term gains over long-term investment, offered a de facto public safety net to too-big-to-fail financial institutions, and chosen monetary and fiscal policies that promote wealth over full employment.
Author: Milton Friedman
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 22
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Book Description
Author: Johnathan M. Holifield
Publisher:
ISBN: 9780692877708
Category : History and condition
Languages : en
Pages : 280
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Book Description
CAN AMERICA WIN ITS ECONOMIC FUTURE? "YES," says the Architect of Inclusive Competitiveness (r), Johnathan M. Holifield. In this groundbreaking book - an Innovation Economy leader, civil rights advocate and former NFL athlete - Johnathan shines a bright light on shifting demographic trends in the United States and the dramatic impact this will have on our economic future. Inside these pages you'll learn the potential pitfalls ahead, as well as the extraordinary opportunities for shared socio-economic prosperity. Although the economic narrative of the 20th century served America well, it will not - indeed, it cannot - meet the needs of the 21st century. Calling for "All Hands On Deck," this book lays out an exciting way forward for America to win the future. Johnathan presents a compelling model for a new economic narrative and action framework for leaders in business, government, technology, education, philanthropy and the community, and also shows how important it is and will be to include disconnected Americans - women, Blacks, Hispanics and rural populations - if our country is to maintain its position of global economic leadership. This book is essential reading for anyone concerned about the socio-economic future of the U.S. What the experts are saying: "Brilliant! Unlike any other book written on economic development, this one encapsulates the challenges and opportunities of the nation through the lens of economic inclusion and competitiveness ideals. Johnathan has provided America a Rosetta Stone that will unleash America's untapped economic prowess..." JAY W ILLIAMS, FORMER U.S. ASSISTANT SECRETARY OF COMMERCE FOR ECONOMIC DEVELOPMENT "With a fresh voice, Holifield clearly identifies the economic imperative of our time. Prescribing a realignment of underserved community priorities to incorporate economic competitiveness, his restructuring framework is perceptive, coherent, and transcends political affiliations..." MICHAEL SCHREIBER, CHIEF OPERATING OFFICER, ROBERT F. KENNEDY HUMAN RIGHTS "In his new book, "The Future Economy and Inclusive Competitiveness," Johnathan Holifield presents a powerful vision for how the United States can sustain economic growth and wealth creation well in to the future. His vision is based on a compelling modern view of the wealth of nations. In Holifield's view, the wealth of nations is bound up in the interconnectedness of the knowhow, implementable ideas, and information networks of the various ethnic and racial groups and individuals in the economy. He argues that the opportunity for increased economic growth and wealth generation for the United States is presented by the "demographic shift", the so-called browning of America." The key to opening the door to this opportunity is for the private and public sectors to embrace and engage strategies of economic inclusion. Simply put, Holifield argues that the size and robustness of the future US economy is a matter of best practices in a market place of inclusion that stimulates economic competitiveness. Holifield's powerful insight for how economic inclusion can define the future for the US economy is truly a must read." RONALD A. JOHNSON, PhDPRESIDENT, CLARK ATLANTA UNIVERSITY
