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The author of this paper is the same from the book The Rise and Fall of American Growth: > The book describes the 100 years following 1870 as the "Special Cent
by throw0101d 2y ago
The author of this paper is the same from the book The Rise and Fall of American Growth:
> The book describes the 100 years following 1870 as the "Special Century", a time of exceptional growth and prosperity, which it claims has been flatlining since 1970, marked by growing inequality and insecure working conditions. Gordon considers that the apparent increasing economic growth since 1970 is just a faint echo of a great wave of economic growth between 1920 and 1970. The first half of the book discusses the change in the American standard of living pre-WW2, with the second half dedicated to the remainder of the 'special century' and the years post-1970.[3][4]
* https://en.wikipedia.org/wiki/The_Rise_and_Fall_of_American_Growth https://en.wikipedia.org/wiki/The_Rise_and_Fall_of_American_...
Which caused a bit of a stir in another thread:
* https://news.ycombinator.com/item?id=42353635 https://news.ycombinator.com/item?id=42353635
His general area of research seems to be looking at economic growth:
> Robert James Gordon is an American economist. He is the Stanley G. Harris Professor of the Social Sciences at Northwestern University and one of the world’s leading experts on inflation, unemployment, and long-term economic growth.
Amongst other roles:
> From 1995 to 1997, he served on the Boskin Commission to assess the accuracy of the United States Consumer Price Index (CPI), having written the definitive criticism of CPI inflation overstatement in 1990.[4] He was also a member of the Business Cycle Dating Committee of the NBER, which determines when recessions start and end, for more than three decades.[5]
* https://en.wikipedia.org/wiki/Robert_J._Gordon https://en.wikipedia.org/wiki/Robert_J._Gordon
- pfdietz 2y agoUS labor productivity has increased steadily since that paper was written, outpacing most of Europe. It's rather gratifying, actually.
- throw0101d 2y ago> US labor productivity has increased steadily since that paper was written, outpacing most of Europe. From 2019-2023 EU growth was 0.3 while the US was 1.2; from 2005-2019 US productivity growth was 1.2 (EU 0.7), so not much different than the average over the last ~2 decades: * https://www.newyorkfed.org/medialibrary/media/research/conference/2024/AMEC%20US%20Productivity/Sessiontrue3_Gordon_LGAtrueNYFedtrueFuturetrueoftrueLP_240216 https://www.newyorkfed.org/medialibrary/media/research/confe...
- pfdietz 2y agoThat doesn't seem consistent with this source: https://www.apricitas.io/p/americas-productivity-boom https://www.apricitas.io/p/americas-productivity-boom
- throw0101d 2y ago> That doesn't seem consistent with this source: https://www.apricitas.io/p/americas-productivity-boom https://www.apricitas.io/p/americas-productivity-boom His work contact information is available online if you want to ask him about the supposed discrepancies: * https://economics.northwestern.edu/people/directory/robert-gordon.html https://economics.northwestern.edu/people/directory/robert-g... * https://gordon.economics.northwestern.edu/contactinfo/ https://gordon.economics.northwestern.edu/contactinfo/