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How Should Personal and National Wealth Be Measured?

Money For the Rest of Us

CHAPTER

The Importance of Working to Get More Money

In 1990, the US accounted for 40% of the nominal GDP of the G7. Today, it's 58%. Back in 1990, the income per person in the US was 24% higher than in Western Europe. In Japan, back in 1990, per capita income in theUS was 17% higher. today, it's 54% higher than Japan. A trucker in Oklahoma makes more than a doctor in Portugal. The Economist says money is obviously not everything.

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