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Slouching Toward Utopia - The Economic History of the Twentieth Century (Hardcover, New)
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Slouching Toward Utopia - The Economic History of the Twentieth Century (Hardcover, New)
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An instant New York Times and Wall Street Journal bestseller from
one of the world's leading economists, offering a grand narrative
of the century that made us richer than ever, yet left us
unsatisfied. "A magisterial history."-- Paul Krugman Named a Best
Book of 2022 by Financial Times * Economist * Fast Company Before
1870, humanity lived in dire poverty, with a slow crawl of
invention offset by a growing population. Then came a great shift:
invention sprinted forward, doubling our technological capabilities
each generation and utterly transforming the economy again and
again. Our ancestors would have presumed we would have used such
powers to build utopia. But it was not so. When 1870-2010 ended,
the world instead saw global warming; economic depression,
uncertainty, and inequality; and broad rejection of the status quo.
Economist Brad DeLong's Slouching Towards Utopia tells the story of
how this unprecedented explosion of material wealth occurred, how
it transformed the globe, and why it failed to deliver us to
utopia. Of remarkable breadth and ambition, it reveals the last
century to have been less a march of progress than a slouch in the
right direction.
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