What I am most struck by is the table citing information from economist Robert Fogel comparing the distribution of income spending between 1875 and 1995. Ought to put to bed the myth of the good old days, at least in material terms.
Click to enlarge
Thursday, July 11, 2013
The good old days? Really?
An interesting argument in the article from The New Commanding Heights by Arnold Kling and Nock Schulz.
What I am most struck by is the table citing information from economist Robert Fogel comparing the distribution of income spending between 1875 and 1995. Ought to put to bed the myth of the good old days, at least in material terms.
Click to enlarge
What I am most struck by is the table citing information from economist Robert Fogel comparing the distribution of income spending between 1875 and 1995. Ought to put to bed the myth of the good old days, at least in material terms.
Click to enlarge
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