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Great Stagnation : How America Ate All the Low-Hanging Fruit of Modern History, Got Sick, and Will(Eventually) Feel Better by Tyler Cowen (2011, Hardcover)

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The Great Stagnation: How America Ate All the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better by Cowen, Tyler Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less

About this product

Product Identifiers

PublisherPenguin Publishing Group

ISBN-100525952713

ISBN-139780525952718

eBay Product ID (ePID)109060098

Product Key Features

Book TitleGreat Stagnation : How America Ate All the Low-Hanging Fruit of Modern History, Got Sick, and Will(Eventually) Feel Better

Number of Pages128 Pages

LanguageEnglish

Publication Year2011

TopicEconomic History, Economics / General, Public Policy / Economic Policy, Forecasting

GenrePolitical Science, Business & Economics

AuthorTyler Cowen

FormatHardcover

Dimensions

Item Height0.5 in

Item Weight7.4 Oz

Item Length7.9 in

Item Width5.2 in

Additional Product Features

Intended AudienceTrade

Dewey Edition23

Reviews"One of the most talked-about books among economists right now." -Renee Montagne, Morning Edition , NPR "Tyler Cowen may very well turn out to be this decade's Thomas Friedman." -Kelly Evans, The Wall Street Journal "Cowen's book...will have a profound impact on the way people think about the last thirty years." -Ryan Avent, Economist.com "As Cowen makes clear, many of this era's technological breakthroughs produce enormous happiness gains, but surprisingly little economic activity. -David Brooks, The New York Times

TitleLeadingThe

Grade FromTwelfth Grade

Dewey Decimal338

SynopsisTyler Cowen's The Great Stagnation , the eSpecial heard round the world that ignited a firestorm of debate and redefined the nature of our economic malaise, is now-at last-a book. America has been through the biggest financial crisis since the great Depression, unemployment numbers are frightening, media wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How will we get out of this mess? One political party tries to increase government spending even when we have no good plan for paying for ballooning programs like Medicare and Social Security. The other party seems to think tax cuts will raise revenue and has a record of creating bigger fiscal disasters that the first. Where does this madness come from? As Cowen argues, our economy has enjoyed low-hanging fruit since the seventeenth century: free land, immigrant labor, and powerful new technologies. But during the last forty years, the low-hanging fruit started disappearing, and we started pretending it was still there. We have failed to recognize that we are at a technological plateau. The fruit trees are barer than we want to believe. That's it. That is what has gone wrong and that is why our politics is crazy. Cowen reveals the underlying causes of our past prosperity and how we will generate it again. This is a passionate call for a new respect of scientific innovations that benefit not only the powerful elites, but humanity as a whole.

LC Classification NumberHB