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10min chapter
A Tale of Two Economies
Ones and Tooze
Comparing UK and Mississippi GDP per capita
The chapter discusses the validity of comparing the prosperity of the UK and Mississippi based on GDP per capita adjusting for prices, highlighting the highly unequal economy in the UK and how the concentration of wealth and economic activity around London distorts the national average.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode