Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
The Great Stagnation: How America Ate All the Low-Hanging Fruit of Modern History, Got Sick, and Will( Eventually) Feel Better Hardcover – June 9, 2011
|New from||Used from|
All Books, All the Time
Read author interviews, book reviews, editors picks, and more at the Amazon Book Review. Read it now
Customers who bought this item also bought
What other items do customers buy after viewing this item?
"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 --This text refers to the Audio CD edition.
About the Author
Tyler Cowen is a professor of economics at George Mason University. He is the author of Discover Your Inner Economist and The Age of the Infovore, and he coblogs at www.marginalrevolution.com, one of the world's most influential economics blogs. He writes regularly for The New York Times and has been a contributor to The Wall Street Journal, The Washington Post, The Wilson Quarterly, and Slate, among many other popular media outlets.
Top customer reviews
For anyone who feels mystified by what's happened to America's economy, Taylor Cowen's "The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better" is a good place to start. It's a short book and, certainly, there are books that go into greater detail about the recession, but for the underlying causes, this is a good place to start. It's Cowen's contention that America has prospered without much effort through cheap labor, plentiful resources, and the positive impact of immigration, to name several. He sees an America where all the indicators point to a steady decline including the dumbing down of education so that our increasingly smart children are receiving educations that fail to prepare them for the responsibilities of democracy let alone a job market that heavily relies on technology. He also sees in both parties a political class unwilling to take on the challenges of turning things around. You'll have to decide whether his optimism that we will ultimately elect leaders who don't kick our many national challenges down the road is realistic, but as a basic primer in the social and economic reasons for our decline, this is a short, easy to read book which will help you understand why, without major changes in the way we resolve problems in America, the recession of 2008 will continue on indefinitely.
I would highly recommend reading this, either in kindle or hardcover form.
If you have ever run a business you know it is easy to think you are smart when a rising tide is floating all boats. You find out not only how much acument you have but what your true values are when the going gets tough. We are there, our adolescence is complete, it is time to grow up as a nation and see whether we are really worthy of the vision we have inherited. Cowens short essay and likely the book that follows points out that we are in dire need of the development of the collaborative skill that our forefathers displayed when they created the foundation for the country. In that regard we are sort of like the children of riich parents who have never had to really earn a living, we are now early in our real education as citizens.
I'd also recommend George Packer's the unwinding of America as a way os eing what the larger patterns discussed by Cowen look like at the level of the individual in the country today.