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Economics » New Economics Books

Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the American Dream by Jonathan Gruber & Simon Johnson
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Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the American Dream

by Jonathan Gruber & Simon Johnson

Jump-Starting America is the ambitious new book written by two distinguished MIT economists, Jonathan Gruber and Simon Johnson. They examine why the US economy has stagnated over the past two decades, including in the innovation sector, because of the collapse in Cold War defense spending. They propose their nationwide plan to “jump-start” it again, creating more jobs and reducing inequality in the process.

As the full title — Jump-Starting America: How Breakthrough Science can Revive Economic Growth and the American Dream — indicates, this book is a call to action for strategic investing in science and technology. This would amount to reversing the federal cuts undertaken in the 1980s, and if orchestrated in the right way, returning (or even exceeding) postwar levels of economic prosperity.

Jonathan Gruber spoke to Five Books about the best books on public policy.

Simon Johnson spoke to Five Books about the best books on why economic history matters.

 

The book, according to the author

“America has lost its innovative edge in basic science – and with it many of the high-paying jobs that go with creating knowledge and turning it into goods that consumers want.”

Jonathan Gruber and Simon Johnson, Project Syndicate column, May 1, 2019

“This book really grew out of both Simon and my dissatisfaction with the fact that neither political party have a really constructive pro-growth agenda.”

Jonathan Gruber and Simon Johnson, Youtube video, April 4th 2019, MIT Sloan Experts Series

Commentary

“most Americans think that United States must be doing pretty well when it comes to innovation. Thus, it might come as a shock for most people to hear that there are serious problems in the American innovation economy, but MIT professors Jonathan Gruber and Simon Johnson argue that there are.”

Review by economist Robert D. Atkinson in the New York Journal of Books

Other books by Jonathan Gruber and Simon Johnson

13 Bankers by Simon Johnson & Simon Johnson and James Kwak

13 Bankers
by Simon Johnson & Simon Johnson and James Kwak

White House Burning by Simon Johnson & Simon Johnson and James Kwak

White House Burning
by Simon Johnson & Simon Johnson and James Kwak

Health Care Reform by Jonathan Gruber

Health Care Reform
by Jonathan Gruber

Public Finance and Public Policy by Jonathan Gruber

Public Finance and Public Policy
by Jonathan Gruber

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