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Author
Publisher
Princeton University Press
Pub. Date
[2016]
Description
Examines the economic growth of the United States since the Civil War, arguing that the rate of growth between 1870 and 1970 cannot be repeated and that a number of issues are further stagnating the already slow rate of productivity growth.
"In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, home appliances, motor vehicles, air travel,...
Author
Publisher
Princeton University Press
Pub. Date
[2023]
Description
"Over the course of most of the twentieth century, new technologies drove increasing diversification and specialization within the economy. Du Pont, for example, which invented nylon during the Depression, managed the complexity of widespread diversification by pioneering the decentralized multidivisional organizational structure, which was almost universally adopted in large American firms after World War II. Whereas in the nineteenth century there...