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Gregg Easterbrook on the American Standard of Living

EconTalk

The Importance of Negativity in Perception of Reality

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We're probably somewhere between 7 and 30 times better off than 100 years ago. The average citizen has no knowledge of the transformation of our economic life over the last 100 years, he says. Americans can be fairly accused of knowing not enough about our own past and our recent past,. So that we do far more romanticization of the recent past than we do study the actual social conditions of the time which are largely miserable for women.

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