Better, Stronger, Faster by Daniel Gross

71%

9 Critic Reviews

The author recognizes that his claims are not set in stone and can turn out differently, but he does so without abandoning his underlying optimism. He is confident outsourced jobs will soon begin to flow back into the U.S., and he promotes investment in domestic infrastructure. An upbeat account full of useful information.
-Kirkus

Synopsis

Financial meltdown, a deep recession, and political polarization—combined with strong growth outside the United States—have led to a global bubble of pessimism surrounding America’s economic prospects. Bloated with debt, and outpaced by China and other emerging markets, the United States has been left for dead as an economic force. But in this time of grim predictions, Daniel Gross, Yahoo! financial columnist and author of Dumb Money, offers a refreshingly optimistic take on our nation’s economic prospects, examining the positive trends that point to a better, stronger future.

Widely respected for his Newsweek and Slate coverage of the crash and the recovery, Daniel Gross shows that much of the talk about decline is misplaced. In the wake of the crash, rather than accept the inevitability of a Japan-style lost decade, America’s businesses and institutions tapped into the very strengths that built the nation’s economy into a global powerhouse in the first place: speed, ingenuity, adaptability, pragmatism, entrepreneurship, and, most significant, an ability to engage with the world. As the United States wallowed in self-pity, the world continued to see promise in what America has to offer—buying exports, investing in the United States, and adopting American companies and business models as their own. Global growth, it turns out, is not a zero-sum game.

Better, Stronger, Faster is an account of the remarkable reconstruction and reorientation that started in March 2009, a period that Gross compares to March 1933—as both marked the start of unexpected recoveries. As the U.S. public sector undertook aggressive fiscal and monetary actions, the private sector sprang into action. Companies large and small restructured, tapped into long-dormant internal resources, and invested for growth, at home and abroad. Between 2009 and 2011, as Europe struggled with a cascade of crises, the U.S. got back on its feet—and began to run.

Through stories of innovative solutions devised by policy makers, businesses, investors, and consumers, Gross explains how America has the potential to emerge from this period, not as the unrivaled ruler of the global economy but as a healthier leader and an enabler of sustainable growth.
 

About Daniel Gross

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Daniel Gross is the economics editor and a columnist at Yahoo! Finance. From 2007 through August 2010, Gross was a senior editor at Newsweek, where he wrote the "Contrary Indicator" column. During this time he also wrote a twice-weekly Moneybox column for Slate. Prior to joining Newsweek, he wrote the "Economic View" column in the New York Times/ Gross has appeared on MSNBC, CNBC, CNN, Fox News Channel, The News Hour with Jim Lehrer, C-SPAN, and on more than 35 radio programs, including NPR’s Fresh Air with Terry Gross (no relation). He is the author of  Dumb Money, Pop!: Why Bubbles Are Great for the Economy, Forbes Greatest Business Stories of All Time; and Bull Run: Wall Street, the Democrats, and the New Politics of Personal Finance. He lives in Connecticut.
 
Published May 8, 2012 by Free Press. 274 pages
Genres: Business & Economics, Political & Social Sciences, Computers & Technology, Professional & Technical, Science & Math. Non-fiction
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Critic reviews for Better, Stronger, Faster
All: 9 | Positive: 6 | Negative: 3

Kirkus

Good
on Apr 07 2012

The author recognizes that his claims are not set in stone and can turn out differently, but he does so without abandoning his underlying optimism. He is confident outsourced jobs will soon begin to flow back into the U.S., and he promotes investment in domestic infrastructure. An upbeat account full of useful information.

Read Full Review of Better, Stronger, Faster | See more reviews from Kirkus

NY Times

Excellent
Reviewed by Tyler Cowen on Aug 10 2012

Plenty of wisdom and some good reporting.

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The Economist

Excellent
Reviewed by Economist on May 26 2012

In the end Mr Gross has the better argument.

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The New Republic

Below average
Reviewed by Eric Posner on May 17 2012

The book might accordingly be seen not as the ten-thousandth in the exhausted genre of books analyzing American economic performance, but the first in a new genre that might be called therapeutic nationalism.

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The New American

Below average
Reviewed by Bob Adelmann on May 03 2012

Gross is bullish and can explain away any perceived weakness.

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The Motley Fool

Excellent
Reviewed by Morgan Housel on Aug 29 2012

He lays out the bullish case for America. And really, it's persuasive.

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Mother Nature Network

Excellent
Reviewed by Melissa Hincha-Ownby on May 22 2012

Encourages Americans to not despair about the economy because it is actually doing quite well.

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Time Business

Excellent
Reviewed by Christopher Matthews on May 29 2012

Gross systematically and cogently lays out his argument for why America is still top dog in the global economy

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Financial Review of Books

Below average
Reviewed by Admin on Jun 15 2012

In my estimation, Gross, in his zeal to prove the declinists wrong, somewhat overstates his case.

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Reader Rating for Better, Stronger, Faster
60%

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