Measuring America
How Economic Growth Came to Define American Greatness in the Late Twentieth Century
University of Massachusetts Press
The United States has always fancied itself a nation apart—"exceptional" in its values, traditions, and way of life. For most of the country's history, ideas about what made America distinctive generally were framed in terms of a liberal idealism rooted in the thought of John Locke and articulated by Jefferson, Madison, and other Founders. While some commentators also observed that the United States was a land of plenty, it wasn't until the mid-twentieth century that material abundance emerged as the principal standard of American "greatness," as measured by a host of new economic indicators.
Beginning in earnest in the wake of World War II, opinion-shapers in politics, business, academia, the media, the schools, and public diplomacy gloried in the nation's booming economy. Where "plenty" had once been a largely abstract concept, it was now quantifiable, thanks to new national income accounting and other economic data collection and analysis techniques. One could tally up production and consumption of an ever-expanding cornucopia of goods and services that made up the gross national product (GNP), the king of postwar statistics. American preeminence and American identity were increasingly linked with this measurable prosperity, presented in the language of a newly influential economics profession.
In Measuring America, Andrew L. Yarrow explores this history, telling two parallel, interlocking stories—of how economic ideas came to have vastly greater influence on American culture after World War II, and how those ideas dovetailed with a growing belief that the meaning and value of the United States resided in its material output. How and why this new way of "measuring America" developed, how it was expressed, and what it has meant and means for Americans today are the subject of this well-researched and insightful book.
Beginning in earnest in the wake of World War II, opinion-shapers in politics, business, academia, the media, the schools, and public diplomacy gloried in the nation's booming economy. Where "plenty" had once been a largely abstract concept, it was now quantifiable, thanks to new national income accounting and other economic data collection and analysis techniques. One could tally up production and consumption of an ever-expanding cornucopia of goods and services that made up the gross national product (GNP), the king of postwar statistics. American preeminence and American identity were increasingly linked with this measurable prosperity, presented in the language of a newly influential economics profession.
In Measuring America, Andrew L. Yarrow explores this history, telling two parallel, interlocking stories—of how economic ideas came to have vastly greater influence on American culture after World War II, and how those ideas dovetailed with a growing belief that the meaning and value of the United States resided in its material output. How and why this new way of "measuring America" developed, how it was expressed, and what it has meant and means for Americans today are the subject of this well-researched and insightful book.
Yarrow jam-packs each chapter with well-chosen quotes and references from prominent 20th-century politicians, business leaders, business organizations, economists, journalists, and school programs to show how American greatness increasingly came to be defined based on economic growth.'—Choice
'Other scholars have characterized postwar American culture in similar ways, but none have done so in such a comprehensive and compelling fashion.'—Journal of American History
'Yarrow is largely successful at intertwining policy history with the history of public culture.'—American Historical Review
'We must move beyond self-esteem focused intensely on output. Andrew L. Yarrow, senior policy analyst at the nonpartisan Independent Sector, explains persuasively in a fascinating new book, Measuring America. 'The United States after World War I,' he told me, 'increasingly saw itself as the world's greatest because of its measurably booming economy rather than its political ideals, its natural beauty, or its people.''—CNN Money
'His research . . . is a major contribution to both the history of public policy and the hisory of the economics profession.'—Journal of Social History
Andrew L. Yarrow is senior research advisor for Oxfam America, teaches U.S. history at American University, and is the author of Forgive Us Our Debts: The Intergenerational Dangers of Fiscal Irresponsibility and a forthcoming book on the history of the early 20th-century thrift movement in America, to be published by the University of Massachusetts Press.