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The Many and Varied Explanations for the Explosion in Human Wealth

Cato Podcast

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Introduction

Caleb Brown: What caused the great enrichment? The hockey stick of prosperity, the dramatic and sustained growth in human well-being since around 1800. Land, labor, and to a lesser extent, capital have always been with us, he says. "The trouble is that the other explanations haven't got the oomph to make 3000%. If you're talking about investment ..."

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