Off Its Pinnacle.

The article presents the author's views on the economic condition in the U.S. as of June 2016, highlighting his book "The Rise and Fall of American Growth." The changes in Americans' standard of living from 1870 to 2016 are discussed as well as the industrial revolution and whether the U.S. will face sustained low economic development. Also tackled are the measures and mismeasures of progress, third industrial revolution, and economic outlook through 2040.