![]() ![]() Gordon ’62 addresses a question of pressing importance in the United States today, and indeed around much of the world: how does economic growth occur? He distills many of these innovations, and presents a lucid history of their economic impact on living standards in the United States during the last century and a half.Īlthough the topic might at first seem dull, this panoramic book makes good reading because Gordon, Harris professor of the social sciences at Northwestern University and one of the foremost analysts of economic growth, displays exemplary self-awareness about what standard economic measurement can and cannot do well. Analyzing such familiar, seemingly commonplace innovations, Robert J. The advent of electricity-and of pasteurization, automobiles, the telephone, penicillin, the polio vaccine, and many more inventions-also changed life as we know it. ![]() Human existence changed irreversibly after the innovation of indoor plumbing and municipally supplied water and sewage treatment. ![]()
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