2min chapter

Money For the Rest of Us cover image

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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