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Download The Great Stagnation: How America Ate All the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better Audiobook

Extended Audio Sample The Great Stagnation: How America Ate All the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better Audiobook, by Tyler Cowen Click for printable size audiobook cover
0 out of 50 out of 50 out of 50 out of 50 out of 5 0.00 (0 ratings) (rate this audio book) Author: Tyler Cowen Narrator: J. Paul Boehmer, Paul Boehmer Publisher: Tantor Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date: June 2011 ISBN: 9781452673684
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America has been through the biggest financial crisis since the great Depression, unemployment numbers are frightening, median wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How will we get out of this mess? One political party tries to increase government spending even when we have no good plan for paying for ballooning programs like Medicare and Social Security. The other party seems to think tax cuts will raise revenue and has a record of creating bigger fiscal disasters than the first. Where does this madness come from? As Cowen argues, our economy has enjoyed low-hanging fruit since the seventeenth century: free land, immigrant labor, and powerful new technologies. But during the last forty years, the low-hanging fruit started disappearing, and we started pretending it was still there. We have failed to recognize that we are at a technological plateau. The fruit trees are barer than we want to believe. That's it. That is what has gone wrong and that is why our politics is crazy. Cowen reveals the underlying causes of our past prosperity and how we will generate it again. This is a passionate call for a new respect of scientific innovations that benefit not only the powerful elites, but humanity as a whole. Download and start listening now!

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Quotes & Awards

  • 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
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About the Author
Author Tyler Cowen

Tyler Cowen is a professor of economics at George Mason University. His blog, Marginal Revolution, is one of the world’s most influential economics blogs. He also writes for the New York Times, Financial Times, and the Economist. He is the cofounder of Marginal Revolution University and the author of several books. He lives in Fairfax, Virginia.

About the Narrators

Paul Boehmer is an American actor best known for his numerous appearances in the Star Trek universe. He began his audiobook work in 2000 and has since lent his voice to many fiction and nonfiction titles. He has won nine AudioFile Earphones Awards as well as the prestigious Audie Award for Best Narration in 2009 and 2014. Between books, he is active in regional theaters across the country. His television appearances include guest spots on Nip/Tuck and Numb3rs.

Paul Boehmer is an American actor best known for his numerous appearances in the Star Trek universe. He began his audiobook work in 2000 and has since lent his voice to many fiction and nonfiction titles. He has won nine AudioFile Earphones Awards as well as the prestigious Audie Award for Best Narration in 2009 and 2014. Between books, he is active in regional theaters across the country. His television appearances include guest spots on Nip/Tuck and Numb3rs.