How Should Personal and National Wealth Be Measured?
Money For the Rest of Us
The Impact of Income Inequality on the Growth of Public Wealth
In one CE, world per capita GDP was $747. By the year 1000, it had fallen to $723. Between 1820 and 1900, per capita GDP for the world doubled to $2500. In 1950, it was $3300. And yet, there was great art formed, great architecture, great literature during that time. But everyone else was suffering.
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