"The Rise and Fall of American Growth"
Nineteenth-century medicine mostly made patients as comfortable as possible until nature healed or killed them. In 1878, yellow fever killed 10 percent of the Memphis population. But 20th-century medicine moved quickly from the conquest of infectious diseases (the cause of 37 percent of deaths in 1900; 2 percent in 2009) to the management of chronic ailments of the elderly. There were 8,000 registered automobiles in 1900 but 26.8 million in 1930. Ford’s Model T, introduced in 1908 at $950, sold in 1923 for $269.
Read the rest of George Will's review of Robert J. Gordon's new book.