More economics from the trenches

John Hall johnhall@evergo.net
Tue, 30 Apr 2002 12:08:52 -0700


Considering that for thousands of years the growth was essentially zero,
it is pretty amazing.

I picked up an interesting book on Labor in the American Colonies.  By
the time of the revolution, Americans were enjoying a standard of living
which exceeds what most of the world's population enjoys today.

> From: fork-admin@xent.com [mailto:fork-admin@xent.com] On Behalf Of
Gordon
> Mohr
> 
> Through 2001, that real average wage gain since 1980
> becomes nearly 15%. That's nothing to sneeze at.
> 
> Has any other developed nation done better?
> 
> - Gordon