How Should Personal and National Wealth Be Measured?
Money For the Rest of Us
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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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