A Great Leap Forward

A re-examination of the history of US economic growth that is built around a novel claim, that potential output grew dramatically across the Depression years (1929-1941) and that this advance provided the foundation for the economic and military success of the US during the Second World War as well [...]
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A re-examination of the history of US economic growth that is built around a novel claim, that potential output grew dramatically across the Depression years (1929-1941) and that this advance provided the foundation for the economic and military success of the US during the Second World War as well as for the golden age (1948-1973) that followed.