The End of Modern Economic Growth as We Know It

Jean-Pierre Dormois ()
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Jean-Pierre Dormois: CED - Centre Émile Durkheim - IEP Bordeaux - Sciences Po Bordeaux - Institut d'études politiques de Bordeaux - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique

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Abstract: Economic progress is behind us in the West, warns Robert J. Gordon in a 750 pages-tome which revisits the economic history of the U.S. in the last century and a half. Measuring the impact on living standards of the major technological breakthroughs of the "second industrial revolution," he observes that sources of productivity growth seem to have dried since the 1970s oil shock and that the productivity-enhancing effects of the digital "revolution" have so far proved elusive.

Keywords: economic growth; industry; consumerism; United States of America; review (search for similar items in EconPapers)
Date: 2017-06-01
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-02862342v1
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Published in La vie des idées, 2017, pp.1-9

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-02862342

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